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The National Foundation for Credit Counseling is working to help Spanish-speaking homeowners hang on to their properties as the credit crunch clamps down on holders of subprime mortgages.
A survey by the Silver Spring nonprofit credit-counseling organization found that 15 percent of Hispanic homeowners did not know their interest rates. Others encounter language problems that interfere with their financial literacy.
The new program combines a Spanish language Web site, www.nopierdastuhogar.org, with live help from Spanish-speaking counselors. The Web site address means “Don’t lose your home.”"*
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