Norfolk Financial Launches Website to Increase Awareness About the Risk of Consumer Debt

Boston, MA, April 14, 2007 --(PR.com)-- Letstalkaboutdebt.com, the newest Website from Norfolk Financial Corporation addresses an increasingly important economic issue: the burden of consumer debt. The site gives consumers – especially students – information that can make them smarter about managing debt.

On the easy-to-use site, consumers can find basic tools and tips for understanding the role of credit in their lives, how to manage credit resources wisely and most importantly, what to do if they get into financial trouble. With just a few short clicks, visitors can get detailed insight into managing personal finance, including how to’s on:

Determining how much credit is right for an individual
Increasing monthly payments to pay off debt faster
Managing calls from debt/bill collectors
Dealing with bad credit ratings

www.letstalkaboutdebt.com provides a glossary of the 50+ most frequently used terms and phrases used by credit card companies, banks and other financial institutions in relation to loans and lines of credit. The site also includes links to more than a dozen resources for everything from designing a budget to evaluating financial ‘fitness’ and tools for parents to teach children about money and finance.

The Website is the brainchild of Dan Goldstone, president and founder of the Norfolk Financial Corporation, a well regarded and most responsible debt buying company, headquartered in New England. The site’s highly accessible language and focus on providing actionable information comes from Goldstone’s belief in the critical need for consumers to get control of their personal finances.

“I’ve seen first-hand the damaging effects of financial management,” said Goldstone, who has spent nearly 20 years in the field of debt collection. “We launched www.letstalkaboutdebt.com to give consumers a place to find what they need – whether they are just starting out or if they need to get help to get out of a tight financial situation.”

Early Education As the Key to Savvy Credit Management

Goldstone, who has three young daughters, also spreads his message to the next-generation of consumers through a school visit program. As a tutor in Operation Hope’s “Banking On Our Future” program, a non-profit organization committed to increasing financial literacy for children as young as nine years old, Goldstone delivers a 50-minute program to help students learn to use credit wisely.

In his student talks, Goldstone uses humor and real-world examples of good and bad decisions to teach students the ins-and-out of credit choices.

For information on scheduling a visit, please visit

www.letstalkaboutdebt.com/schooltalks.aspx

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