The expanded partnership integrates Piere's budgeting offerings into credit counseling services to improve financial wellbeing for consumers.
WASHINGTON, Jan. 15, 2025 /PRNewswire-PRWeb/ -- Building on a successful collaboration launched in June 2024, the National Foundation for Credit Counseling (NFCC), a leading nonprofit provider of credit counseling and financial education services, and Piere, an AI-powered financial management app that helps modern consumers uncover untapped growth within their money, today announced the launch of a new phase of their pilot program. This expanded collaboration will further empower consumers on their path to financial health.
This pilot program provides participating NFCC member agencies with a co-branded version of the Piere app, enabling them to seamlessly integrate budgeting tools and financial management resources into their counseling services. Consumers can soon grant counselors permission to collaborate on their budgets within Piere, facilitating more personalized and effective guidance, and reducing the amount of time consumers have to spend providing financial information.
"This expansion of our partnership with Piere marks an exciting new phase in our Life Beyond Debt initiative," said Mike Croxson, CEO of the NFCC. "By providing our member agencies with these advanced tools and resources, we are equipping them to better support consumers in achieving their financial goals. This collaborative approach ensures that individuals have access to the guidance and support they need at every stage of their financial journey."
The pilot program offers consumers free access to a range of features within Piere, including the ability to:
- Monitor Debt Management Plans (DMPs): Track progress and stay motivated on their debt repayment journey.
- Create and Maintain Budgets: Develop personalized budgets, track expenses, and identify areas for improvement.
- Share Progress with Counselors: Communicate effectively with their NFCC counselor and receive tailored support.
Consumers also have the option to upgrade to the premium version of Piere at a discount exclusive to NFCC counseling providers, unlocking advanced features such as:
- Deeper Insights: Expanded potential to save more with more personalized AI budget recommendations.
- More Connected Accounts: Gain a comprehensive view of finances across all institutions.
- Customized Reporting: Access detailed, customizable financial reports to track spending, income, and progress toward financial goals.
To further enhance accessibility, the NFCC website's Locator tool will soon offer consumers the option to prepare for a session by creating a budget in Piere, encouraging proactive engagement with their finances before even connecting with a counselor.
Yuval Shuminer, Founder and CEO of Piere, commented, "We are excited to expand our partnership with the NFCC as we enter the new year, when many consumers are thinking about financial resolutions for the upcoming year and how to balance their finances in an era of high cost of living. By integrating Piere's advanced financial management tools with NFCC's expert counseling services, we are providing a truly comprehensive solution for consumers seeking to take control of their financial lives."
This pilot program underscores the commitment of both the NFCC and Piere to providing innovative and accessible solutions that empower consumers to achieve lasting financial wellbeing.
To learn more about the NFCC, Piere, and this partnership, visit https://www.nfcc.org/piere-app and http://www.piere.com/nfcc.
About NFCC
Founded in 1951, the National Foundation for Credit Counseling (NFCC) is the oldest nonprofit dedicated to improving people's financial well-being. With a nationwide network NFCC Certified Credit Counselors serving 50 states and all U.S. territories, NFCC nonprofit counselors are financial advocates, empowering millions of consumers to take charge of their finances through one-on-one financial reviews that address credit card debt, student loans, housing decisions, and overall money management. For expert guidance and advice, visit http://www.nfcc.org.
About Piere
Piere is an intelligent personal finance and money management app that uncovers the money hiding in plain sight, offering personalized financial plans and insights at your fingertips. Bring all your banking, spending, and financial accounts into a single platform and create a customized budget in just two taps using Piere's lightning-fast intelligence. Track your financial progress via visualizations following the progression of your assets and liabilities through time. Unlock the full potential of your money with Piere, available on iOS and Android in both free and subscription models. For more information, visit Piere.com.
Media Contact
Bruce McClary, NFCC, 202-677-4301, [email protected], www.nfcc.org
SOURCE NFCC
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