One of the questions most frequently asked by consumers is how they can improve their credit. While it's possible to get by without credit, access to credit is essential for buying a home or financing a car. And poor credit may hinder people's ability to get a credit card, rent an apartment, start phone service, buy life insurance or get a job.
Many people first realize the impact credit can have when they are turned down for a loan, a job or a rental dwelling. Landlords, utility companies, employers and insurers, as well as lenders, can use a person's credit status as a reason to turn them down. Rejection, while not pleasant, often provides an opportunity for people to seek out community resources that can help them learn about their rights and responsibilities and receive advice on recovering from damaged credit.
The MoneyWi$e "Rebuilding Your Credit Leader's Guide" is designed to prepare community advocates to lead trainings for colleagues, clients and community members. "Improve Your Credit," a companion brochure designed for adult learners of all skill levels, is available in Chinese, English, Korean, Spanish and Vietnamese. An adult learning curriculum with classroom activities and a PowerPoint presentation round out the MoneyWi$e program on rebuilding damaged credit.
Consumer Action, a national non-profit organization, and Capital One formed the MoneyWi$e national financial literacy partnership in the spring of 2001 to educate consumers about how to manage their finances. The free multilingual education program centers on money management and credit topics.
For more information on the MoneyWi$e project, call Consumer Action at (800) 999-7981 or visit our web site (www.consumer-action.org). For more ways to contact Consumer Action, see the back cover.
RSS
One of the questions most frequently asked by consumers is how they can improve their credit. While it's possible to get by without credit, access to credit is essential for buying a home or financing a car. And poor credit may hinder people's ability to get a credit card, rent an apartment, start phone service, buy life insurance or get a job.
Many people first realize the impact credit can have when they are turned down for a loan, a job or a rental dwelling. Landlords, utility companies, employers and insurers, as well as lenders, can use a person's credit status as a reason to turn them down. Rejection, while not pleasant, often provides an opportunity for people to seek out community resources that can help them learn about their rights and responsibilities and receive advice on recovering from damaged credit.
The MoneyWi$e "Rebuilding Your Credit Leader's Guide" is designed to prepare community advocates to lead trainings for colleagues, clients and community members. "Improve Your Credit," a companion brochure designed for adult learners of all skill levels, is available in Chinese, English, Korean, Spanish and Vietnamese. An adult learning curriculum with classroom activities and a PowerPoint presentation round out the MoneyWi$e program on rebuilding damaged credit.
Consumer Action, a national non-profit organization, and Capital One formed the MoneyWi$e national financial literacy partnership in the spring of 2001 to educate consumers about how to manage their finances. The free multilingual education program centers on money management and credit topics.
For more information on the MoneyWi$e project, call Consumer Action at (800) 999-7981 or visit our web site (www.consumer-action.org). For more ways to contact Consumer Action, see the back cover.