The Akron Financial Empowerment Center is a program of the City of Akron in partnership with United Way. The Akron Financial Empowerment Center will provide financial coaching to individuals, helping them to acquire the skills to budget and save, develop healthy banking relationships and raise their credit scores.
Thousands of Akron households struggle with large amounts of debt and lack of information and resources to help them better their financial prospects. By offering free, one-on-one financial counseling delivered by professionally trained coaches, the Financial Empowerment Center supports individuals and families in achieving their financial and personal goals.
Financial coaching focuses on these areas:
Credit Score Improvement: Your credit score can impact your ability to borrow money, obtain certain types of employment or secure affordable housing. Financial coaches will pull your credit report, explain your score and help you develop a plan for improvement.
Debt Reduction: Reducing debt can give you the ability to save more money, alleviate financial stress and achieve your financial goals. Financial coaches will work with you to create a budget and develop strategies for repaying debt and dealing with debt collectors.
Increased Saving and Asset Building - Weathering financial shocks and setbacks while saving for the future is a critical step toward financial security. Financial coaches can help you develop a plan to reach your saving goals.
Banking Access - Accessing a safe, affordable account is key to joining the financial mainstream and keeping earnings secure by saving. Financial coaches will work with you to identify a bank or credit union that meets your needs.
All financial coaching services, including credit report analysis, are provided free of charge to any adult living in Summit County regardless of income level.
Appointments will be available in May 2018 by calling 330-685-9430.
Appointments with a professional financial coach can be made Monday through Friday between 8am-7pm, and Saturday between 9am-2pm.