Increased homeownership among Latinos helps expand economic opportunities, promotes financial self-sufficiency and builds stronger communities. There is growing evidence that financial education changes financial behavior for the better. It empowers consumers to effectively increase their real purchasing power through savings and investment.
Credit Yourself: The Way to Financial Fitness
A four week program designed to encourage Americans to save money, build wealth and reduce debt. All essential steps in improve the economic well-being of individuals and families, critical to strengthening our communities.
Individuals receive free financial management education and support. Topics Covered in the “Credit Yourself” Program are:
Take Charge of Your Money
Assessi ng your Credit Related Behaviors
Tracking your Spending
Recognizing Predatory Lending Practices
Credit Smart
Credit scores and how they affect the price you pay to borrow money
Tips to improve your credit score
Developing a spending plan to meet your credit obligations
Set Your Financial Sights
Seeing yourself in five years
Planning for a personal goal: questions to ask yourself
Modifying your spending plan in specific ways to meet your goal
Writing a specific plan to meet your goal
To Your Credit
Obtaining your credit report
Reading your credit report
Addressing credit issues
Credit Yourself: The Way to Financial Fitness is funded by the KeyBank Foundation.
Introductory Homeownership
This introduction to homeownership workshop is designed for individuals who are interested in purchasing a home in the near future. The program is taught by bilingual financial experts and covers the following necessary steps to become a homeowner:
- Budgeting 101 and the importance of savings
- The basic principles of credit, how to understand a credit report, the importance of maintaining a good credit score, and steps to improve or repair credit
- The opportunity to obtain their credit report and receive a one-on-one consultation with credit experts
- How to qualify for a mortgage and the different choices available based on one’s credit history, income and assets.
- How to select a realtor, how to close on a purchase, and how to avoid last minute surprises.
- Provides post-purchase support to help you enjoy being a new home owner.
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