21 April, 2014
Alliance Collection Service, Inc. of Tupelo, Miss., announced today that the company would take part in a national “Financial Literacy” campaign along with American Collector’s Association International and “Ask Doctor Debt”.
Alliance will expend resources and time to increase awareness about financial literacy, especially with young people. As an award winning leader in the collection industry the company sees just about every financial difficulty that a consumer can face. Fortunately, many of the problems consumers face can be solved by planning and budgeting.
Unfortunately, The National Federation for Credit Counseling reports that 61% of adults surveyed in the 2014 Consumer Financial Literacy Survey do not have a budget. That is a considerable number that can be reduced dramatically through education.
Ken Dulaney and Tony Palmer, Managers at Alliance Collection Service, were introduced to Lee County Junior Achievement a few years ago thanks to North Mississippi Medical Center leadership. They have been volunteering with the organization to help young people better manage their finances and make better career choices. “Alliance supports groups like Junior Achievement, and we think that the financial literacy campaign is a natural progression for us. We hope to help people make choices that will ultimately prevent their ever having to hear from a collection agency,” said Dulaney.
Tony Palmer added, “We are considering a scholarship for financial literacy and are in the process of defining the details of that right now.”
If you would like to help with the financial literacy campaign during the months of April and May, please contact Tony Palmer at 662-841-9995. Together, we can reduce the number of stressful financial difficulties.