| Credit Repair, Debt Management and
Budget Counseling
Financial education can help families
become more aware of common pitfalls and thus avoid them.
It can also help them to learn the financial management and
planning skills needed to make the most of their family income,
savings and assets.
Credit Smart®
 The Community Housing Resource Center (CHRC) works with several
Clark County non-profit partners, seven local financial
institutions, and Freddie Mac, one of the nation's largest
residential mortgage investors, to provide an in-depth financial
education program, Credit Smart®.
CreditSmart® is a national curriculum
which is licensed to the Center by Freddie Mac for classes. The goals of the CreditSmart®
financial education program are to transform lives; produce consumers who
understand the importance of using credit wisely, creating
savings, and establishing financial goals and skills to achieve
homeownership and/or build a sound financial future; and
empower individuals to handle money responsibly, all of which
will have a positive life-long impact on them, their families,
and the community.
The financial education class addresses
the following subjects:
- Setting financial goals
- Distinguishing between wants
and needs
- Creating a spending plan or
budget
- Building or rebuilding
credit
- Managing debt
- Creating savings and
shopping for financial and banking services
- Important information about
consumerism, credit card, and predatory lending
- Credit repair issues are
addressed
Preparing for Counseling
After successfully completing a
CreditSmart® class,
participants are encouraged to access the Center's one-on-one
counseling services to pull and review their individual credit reports, assist
with budgets, help repair credit issues and provide tools to
manage debt. Savings goals are reviewed, spending leaks
identified, and successful money savings techniques are
introduced.
The counseling service is available to the
public for $50.00. Call Kevin Gillette at (360) 690-4496,
ext. 101 to make an appointment.
Additional Reading
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