The Financial Act is a nonprofit organization providing economic empowerment through Financial Counseling programs for women, minorities, low-income, and other underserved urban communities.
We provide services to thousands of people across the country, and we are making a real impact on communities. More than 78 million Americans do not pay their bills on time. 41% carry credit card debt from month to month, and only 61% of adults say they have savings. 47% of adults say they don't use their personal credit because it's in a poor status.
We need economic change. But, to change, we must first understand through gaining the knowledge. A new era of financial freedom must begin.
We provide financial literacy programs to help individuals better understand how credit and finances impact their life. Your credit can determine if you get approved for a loan, a credit card, a vehicle, the interest rate, even where you can live or work. To see change, you must implement a change.
Learn more about our free educational workshops. We'll help you build your credit, build wealth, protect your identity and your assets, manage debt, and create an emergency fund.
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Credit reports list your loans, current debt, bill payment history, and previous debt and other financial information. It's essential the information be 100% accurate.
Managing your debt or debt consolidation can transform your finances. Less credit debt means greater financial strength; this will allow you to start saving toward financial goals or an emergency fund.
Starting a business takes planning, financial counseling, dedication, organization, critical decision-making skills, solid credit history, and completing the legal process. This is the 8 step guide to starting a business.
Identity victims suffer over $1K in fraud and countless hours of stress trying to recover from their identity loss. Over 16 million consumers have been impacted by identity theft.
In the United States, homeownership achievement remains deeply divided by race and ethnicity. Today, only 41 percent of African Americans and 38 percent of Latinos own.
TFA mentors are unmatched in their focus and dedication to help individuals work toward their credit and financial goals. We are proud to support our mentors as they help families and communities overcome economic challenges.