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Bruce McClary Profile
Bruce McClary

@BruceMcclary

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Spokesperson for the National Foundation for Credit Counseling (@NFCC). Former lender and debt collector. My posts are my own. Likes & retweets ≠ endorsements.

Washington, DC
Joined May 2012
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@BruceMcclary
Bruce McClary
12 days
Thrilled to be the first-ever return guest on the #MilitarilySpeaking podcast!🎙️Huge thanks to hosts Tom McLean & Jodi Vickery. We discussed risky investing trends among military families & the financial counseling available through @NFCC.🔊Listen Here: https://t.co/Lw0UOgh0MZ
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@BruceMcclary
Bruce McClary
1 month
Military servicemembers use crypto at 2X the rate of the general public - @NFCC survey. 🤯 Risky trend? @TheConsumerman breaks down the volatility, scams, and risk factors in his new @MyConsumerpedia podcast episode. Get the facts + Protect yourself:
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open.spotify.com
Consumerpedia · Episode
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@Experian
Experian
1 month
Don’t miss today’s #CreditChat in honor of Get Smart About Credit Day (tomorrow). We’ll be joined by @JumpStart1995, @ACCreditCounsel, @CityGirlSavings, @DebtFreeGonnaBe, @BeverlyHarzog, @perspectives83, @Glink, @JReLLz35, and @BruceMcclary: https://t.co/EVH2rgbJkY
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@BruceMcclary
Bruce McClary
1 month
The latest @SingletaryM column in today's @washingtonpost underscores the financial struggles caused by furloughs & layoffs. The stress is REAL but help is available. Michelle advises contacting a nonprofit credit counseling agency affiliated with @NFCC.
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washingtonpost.com
We don’t know how or when this shutdown ends. But there are resources to help if you’re not getting a paycheck.
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@BruceMcclary
Bruce McClary
1 month
It's almost time for the @Experian #CreditChat today from 3 - 4 PM ET! I'm looking forward to being a panelist on behalf of @NFCC and hope to see YOU there too! https://t.co/Ej24KU17WD
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@NFCC
National Foundation for Credit Counseling (NFCC)
1 month
An unexpected income interruption can feel overwhelming — but there’s a path forward. When the paycheck stops, don’t panic — strategize. Read our full guide: https://t.co/jPPY18qx3u
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@NFCC
National Foundation for Credit Counseling (NFCC)
3 months
Debt isn’t just a lower-income issue — it’s hitting Americans across all income levels. NFCC CEO Mike Croxson told @SquawkCNBC that when debt interest exceeds what consumers can pay, it creates a tipping point for anyone. Watch: https://t.co/H5XCLUpeLE #NFCC #DebtRelief
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cnbc.com
Consumer debt is near an all-time high, and there are signs that an increasing number of borrowers are struggling to pay their monthly bills.
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@BruceMcclary
Bruce McClary
6 months
Congrats to Tracy Schultz & @NFCC member @moneymanagement for her $20k debt management plan success! @RebeccaJarvis highlighted choosing nonprofit NFCC Member agencies over high-fee settlement companies in the @GMA report. https://t.co/sHz3b5MUwv #DebtRelief #PersonalFinance
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goodmorningamerica.com
Tracy Schultz shares the strategies and tips she used to pay off a five-figure debt.
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@NFCC
National Foundation for Credit Counseling (NFCC)
1 year
As Buy Now, Pay Later grows, so do risks like debt stacking and overdraft fees. @TheConsumerman explores BNPL’s pitfalls with insights from NFCC'S @BruceMcClary and @MoneyTips4You. 🔗 Read the full article: https://t.co/UyGssOBmDU #NFCC #BuyNowPayLater #Budgeting #FinancialTips
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@BruceMcclary
Bruce McClary
1 year
Despite Admiral Ackbar's strong warning, is Buy-Now, Pay-Later financing really a trap? Learn more about BNPL in this @CheckbookOrg article by @TheConsumerman, which features @NFCC with @MoneyTips4You. 📰 https://t.co/XcD0KSARL5
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@BruceMcclary
Bruce McClary
1 year
There are more ways than ever for people to get into debt, but there's help from @nfcc for those struggling to manage what they already owe. Find out more in this @JesseKIRO7 story featuring @KimberlyPalmer of @NerdWallet:
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kiro7.com
More and more Americans are having a tough time getting a handle on their debt.
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@BruceMcclary
Bruce McClary
1 year
High interest rates make it tough to pay off your debt. But there's hope! Here’s an @NextAvenue article by @lucy_lazarony with some debt advice from @Experian and @NFCC :
nextavenue.org
The average interest rate on credit-card balances is the highest on record, which is why it is so important to shed that debt
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@Jennifer_Wwhite
Jennifer White
1 year
A10. Consumers can gain a better understanding of credit and credit scores by checking out the extensive credit education resources offered by the @NFCC or by Experian: https://t.co/O0rnlPMyfI, and by following the amazing experts on our panel! #CreditChat
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experian.com
Experian offers many credit education resources that can help you take control of your finances. Here’s how to establish, build and maintain good credit.
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@BruceMcclary
Bruce McClary
1 year
Are you ready for the #CreditChat with @Experian at 3 pm Eastern today? The topic is Credit Confidence, and the word is out that there might be a gift card giveaway! Details are available at https://t.co/VeYKAPbYPl
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@Experian
Experian
1 year
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@BruceMcclary
Bruce McClary
1 year
According to a new report featured in this @nytimes article by Ann Carrns, credit card debt is on the rise. 💳 The article highlights the @NFCC Financial Stress Forecast as a signal of more debt trouble ahead. #debt #finance #financialhealth
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nytimes.com
More borrowers have been falling behind on their credit card bills and are paying more for basic banking services, like A.T.M. fees.
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@NFCC
National Foundation for Credit Counseling (NFCC)
1 year
🎙️New episode from the "Gen Z & the Debt Trap" series featuring @BruceMcClary called, "Hemorrhaging Money" presented by @WSJ's "Your Money Briefing" podcast! Listen to the episode here: https://t.co/Ar56zREGlS #NFCC #YourMoneyBriefing #GenZ #GenZDebt #DebtManagement
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@NFCC
National Foundation for Credit Counseling (NFCC)
1 year
Studies show #inflation impacts low-income workers more than others. NFCC's @BruceMcClary tells @Investopedia, “I think inflation has been a significant driver in some of the financial pressures that people have felt over the past year." Read more:
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investopedia.com
While low-income workers notched substantial wage gains during and after the pandemic, there are signs that their prosperity may be dwindling.
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