MyCreditCounselor.org signs agreement with San Francisco-based QSpace.com, an online consumer credit report company, which has introduced a next generation of Web-delivered consumer reports.

The consumer reports will be available on MyCreditCounselor.org and through its many other e-businesses.

New features include contextual help in plain English for every reported item with a comprehensive credit guide with pop-up windows, a simplified payment history report using color-coded icons, more detailed content in less space, and straightforward display formats.

"We are pleased to introduce QSpace as our online partner for consumer credit reports. They offer a credit report that eliminates confusing credit codes," said Ron Membke, Managing Director of MyCreditCounselor.org.

"Consumers don't have to be credit experts to understand the contents of their credit report. With QSpace.com, they can determine their financial situation in seconds by just glancing over their credit report."