Today’s final rule will remove $49 billion in unpaid medical bills from the credit reports of 15 million Americans. In addition, the Vice President is announcing that States and Localities have already Eliminated Over $1 Billion in Medical Debt Thanks to Biden-Harris Administration Support
Thomas gets the car of his dreams… and some valuable financial advice with the help of the Loan and Financial Education Program!
Catholic Charities Loan and Financial Education Program recently hosted an in-person financial literacy seminar, Understanding Credit, in their Norwalk Family Center. The class was designed to meet the needs of Spanish-speaking students who often feel more comfortable learning in their native language.
During periods of inflation, every dollar buys less than it did before, eroding purchasing power, affecting savings, and impacting overall financial well-being. “Financial literacy is always an important tool for our clients. However, in hard economic times when inflation is high, the importance of financial literacy cannot be overstated,” states Donoghue. “It is one of the reasons why Catholic Charities offers two financial literacy programs, one in Danbury and one in Norwalk. We have seen how crucial financial literacy is for the long-term success of our clients.”
The Family Loan Program of Danbury stands as a beacon of hope and empowerment for families seeking to improve their financial well-being and access essential resources. Through financial education, special car loans, and a commitment to inclusivity, the program has enabled families like Tanairy’s to embrace a brighter future.
Are you struggling to gain financial stability? Do you need assistance in managing your expenses and budgeting? Look no further than the Loan and Financial Education Program at Catholic Charities! Our dedicated team is here to help you every step of the way.