About Family Financial Education Foundation

FFEF is a Wyoming nonprofit 501(c)(3) organization (Internal Revenue Service Ruling dated July 31, 1997). The corporate office is housed in Evanston, Wyoming in a six-story professional building. FFEF's offices are on the third and fourth floors, and other offices include a bank, law offices, insurance agencies, counseling groups and other professional agencies.

We are proud to be a member of the Mountain States Better Business Bureau (our rating with the BBB is A+), and the American Association of Debt Management Organizations (AADMO). AADMO's mission is to "promote and ensure the continued operation and viability of credit counseling and debt management organizations." Through this association, FFEF joins with other credit counseling agencies and counselors, debt management organizations, personal finance educators, consumer lawyers, and many others to help individuals and families realize their goals to become free of debt and create a brighter and more stable financial future.

Family Financial Education Foundation (FFEF) was one in a group of 65 consumer credit counseling agencies that were the first to be audited under a new initiative of the Internal Revenue Service. At this time, only 3 of these 65 agencies have been approved to retain their nonprofit tax-exempt status. We are proud to say that FFEF is one of those 3 agencies! On March 13, 2008, FFEF received a letter from the IRS stating that we continue to qualify as a 501(c)(3) and that the IRS accepted our return as filed. Dozens of other consumer credit counseling agencies continue to be audited by the IRS, and it will be some time before these audits are completed. To bypass the restrictions initiated by the IRS, many of these agencies have become "for profit," which means they will have fewer regulations and restrictions.

FFEF is rated by Dun and Bradstreet (#93-987-3576) and has a $1,000,000 fidelity bond and numerous state-required surety bonds totaling in excess of $1,500,000. FFEF adheres to the Industry Code of Practice established by industry trade associations, creditors, and regulatory government agencies and has a Quality Management System that complies and is certified to ISO 9001:2000, a recognized international standard for quality.

FFEF provides educational information to the general public on budgeting, personal finance, financial literacy, saving and spending practices, and the sound use of consumer credit, and assists individuals and families with financial problems by providing them with counseling or a combination of both. The Foundation's courteous and experienced certified credit counselors are devoted to assisting clients resolve their financial difficulties by providing them the education, guidance and money management tools necessary to help clients become and continue to be financially successful.

Now that you know a little about the history and organization of FFEF, it's important that you become familiar with the process we call "roll-up." This is the process that will help you realize a debt-free life. Briefly, here's how our roll-up process works. FFEF sends your agreed-upon payment to your creditors every month. When the lowest creditor balance is paid off, the money that was going to that account is added to (or rolled up) to the payment of the creditor with the next lowest balance. This process is simple, but it is the greatest advantage of our program and an incredibly effective tool in lowering your total interest costs. Roll-up accelerates your payments, shortens the time you are in debt, and significantly decreases the amount of money you will pay before you are debt free.