How To Elevate Your Finances With Free Confidential Coaching

Find out how a financial counselor can help you with an array of financial matters.

Finances are personal – and so are your financial needs. While there are lots of tools and resources to help you learn about topics like budgeting, credit, and debt, for example, it can be difficult to digest and navigate alone. That’s where a financial counselor comes in.

To help strengthen the communities we serve, A+FCU partners with industry-leading BALANCE to provide free financial counseling services at no cost to you. Their multilingual counselors have the highest accreditations and offer objective advice so you can live your A+ life.

Types Of Coaching

Budgeting

An initial session can help your financial coach get a general sense of your overall financial picture. From there, they can help you develop a personalized spending and saving plan.

Credit Report

Building and repairing credit can be complex. With the help of a professional, you can better understand the factors that influence your credit score and create an action plan for improving it. Additionally, a coach can walk you through obtaining a free credit report and disputing any inaccuracies with the credit bureaus.

Homeownership

If you’re taking the leap to homeownership, BALANCE can help with pre-purchase counseling so you can better understand mortgage options, the down payment, your loan estimate, escrow accounts, and the overall homebuying process.

Debt Repayment

Obtain guidance on developing a repayment strategy to help focus your efforts and pay off your debt quicker. If needed, a counselor can also explain additional options — like paid debt repayment plans, debt settlement, and foreclosure.

Student Loans

Have a coach answer questions regarding FAFSA, types of financial aid, student loan repayment, public loan forgiveness, building your college budget, and much more.

Foreclosure Prevention

Struggling with your mortgage payments? Take advantage of early delinquency intervention counseling to discuss alternatives to foreclosure.

Rental

Prepare to rent your own place by reviewing your credit, being aware of common rental requirements, understanding lease agreements, and familiarizing yourself with tenant rights.

Benefits

There are many benefits associated with financial coaching. They might include knowing where your money is going, identifying behaviors that lead to more favorable outcomes, feeling more confident about making decisions, and being more prepared to handle your finances.

BALANCE participants have also been able to:

• Bring debts current and decrease balances
• Establish or improve their credit score
• Increase savings
• Reduce financial stress
• Become homeowners and stay current on their mortgage
• Eliminate reliance on pay day lenders, title loans, and loan sharks

Summary

As your trusted financial partner, A+FCU wants to support you in tackling your short- and long-term goals. Thanks to our partnership with BALANCE, you can get one-on-one guidance that is tailored to your unique financial situation. Rest assured, sessions are complimentary and confidential.