Latest news with #FinancialEmpowermentCenter
Yahoo
3 days ago
- Business
- Yahoo
City of Sacramento offers webinar to help those struggling with student loans
( — Officials with the City of Sacramento announced that their Financial Empowerment Center is offering a free webinar to help those struggling with student loans. Video Above: GOP student loan plan sparks debate over higher payments, fewer options The webinar takes place online from noon to 1 p.m. on June 10. Officials said that borrowers will be given the tools required to make informed decisions, stay current on payments and recover if they've already entered default. Federal updates of repayment and forgiveness programs will also be shared. The webinar will teach students how to: Avoid falling into student loan default. Recover from default and understand their rights Identify opportunities for loan forgiveness or cancellation Navigate repayment plans and prioritize next steps Access updated information about recent student loan changes 'Student loans can be a significant burden, and now is an especially confusing time,' said Amy Williamson, the City's Financial Empowerment Manager. 'This webinar will help people make informed, confident choices.' One-on-one student loan counseling, which is currently available through the FEC, will also be a highlighted topic. Officials said the FCC also supports residents in building financial health through reducing debt, building savings, improving credit and connecting with safe, affordable checking and savings accounts. Those 18 and older can sign up for personalized coaching in multiple languages, including English, Spanish, Dari/Farsi and Urdu. Student loan counseling appointments can be scheduled here. A financial coaching appointment can be scheduled here or by calling 916-808-4927. More overall information can be found on the FEC webpage. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
14-04-2025
- Business
- Yahoo
Rochester Financial Center marks 5 years of free financial counseling
ROCHESTER, N.Y. (WROC) — Rochester Mayor Malik Evans and other city leaders met at City Hall Monday to mark the impact the Rochester Financial Empowerment Center has had on thousands of residents. The center offers free one-on-one financial counseling, focusing on reducing debt, increasing credit, and improving savings. The Center's Director was given a certificate of mayoral recognition, celebrating FEC's fifth anniversary. 'I'm all about empowering Black and brown communities, building financial and generational wealth… so it feels amazing to be giving back to the community that gave back to me first,' Financial Empowerment Center Briana Watson said. For more information on the Financial Empowerment Center, and to schedule an appointment, click here. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.