Homebuyer Readiness
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UPCOMING FREE WORKSHOPS
(Click the titles in orange or scroll down for descriptions of each workshop)
JULY
All at War Memorial Community Center, 6655 Mission St., Activity Room, Daly City
Understanding Credit
Contact 415-625-1011 for next available class
Debt Management
6-7:30pm, Wednesday July 17
Money & Savings
6-7:30pm, Wednesday July 24
AUGUST
All at Armstrong Senior Homes, 5600 3rd St., Community Room, San Francisco
Understanding Credit
Contact 415-625-1011 for next available class
Debt Management
6-7:30pm, Tuesday August 13
Money & Savings
6-7:30pm, Tuesday August 20
SEPTEMBER
All at East Palo Alto YMCA, 550 Bell St., East Palo Alto
Understanding Credit
Contact 415-625-1011 for next available class
Debt Management
6-7:30pm, Wednesday Sept. 11
Money & Savings
6-7:30pm, Wednesday Sept. 18
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WHEN WILL WE BE IN YOUR AREA?
The Homebuyer Readiness program alternates classes in different cities to cover our entire area:
| January- |
Daly City |
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July- |
Daly City |
| February- |
San Francisco |
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August- |
San Francisco |
| March- |
East Palo Alto |
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September- |
East Palo Alto |
| April- |
Redwood City |
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October- |
Redwood City |
| May- |
San Rafael |
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November- |
San Rafael |
| June- |
no class |
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December- |
no class |
WORKSHOP DESCRIPTIONS
Understanding Credit
In this workshop participants explore how credit is defined, established, and maintained while contextualizing how credit has become an instrumental tool in today’s financial arena. We address how a credit score is calculated, the definition of good credit, how to read and understand a credit report, and the collection timeline for various accounts. Free credit reports, scores and report write-ups are available upon request, as well as free one-on-one appointments to provide client-specific suggestions.
Debt Management
Our second workshop provides the answer key to debt resolution. We classify different kinds of debt (including credit cards, collection accounts, taxes, child support, and personal, student, and payday loans), and describe the appropriate ways to resolve accounts that have fallen behind. We discuss various ways to reduce debt (while increasing credit scores!) based on the type of debt a consumer has, and learn the benefits and drawbacks of debt management and debt settlement.
Money & Savings
The third workshop focuses on useful strategies to create and maintain a sustainable budget. Our ‘Creating a Budget’ tools provide useful savings and money management tips to help participants identify their goals and get on track. This workshop also redefines negative connotations of words like ‘budget’ and ‘money management’ so they can be seen as enabling tools instead of disabling restrictions. We also look beyond traditional savings accounts to the advantages of compound interest and the importance of saving options such as IDA accounts and pre-tax savings options.