Credit cards for “bad credit” offer access to credit for people who have low credit scores, usually FICO scores below 580 (Very Poor on the FICO credit score range). With Very Poor credit, it is often difficult to be approved
The pilot version of Boston Saves, the city’s new children’s savings account (CSA) program, rolled out eye-level with its beneficiary audience – kindergarteners – in early November to teach them about saving money. At Roosevelt K-8 School in Hyde Park, Miss Money and the Coins
Before the Office of Financial Empowerment (OFE) begins preparing for the 2017 tax season, we wanted to share our 2016 results. In 2016, the OFE’s Boston Tax Help Coalition operated 37 free tax preparation sites throughout Boston. These sites opened
When they walk into Maria Chavez’s Boston Housing Authority (BHA) office, many public housing residents come fatigued by the challenges of poverty, stress, and the uphill battle to improve their situation. Maria embraces them – anyone who enters her office,
On June 20 the Mayor’s Office of Workforce Development (OWD) partnered with United Way of Massachusetts Bay and Merrimack Valley to host a panel discussion on Boston’s labor market. The panel explored findings identified in Boston’s Labor Market Report, released by
Mayor Martin J. Walsh and Boston Public Schools Superintendent Tommy Chang recently launched a tuition-free community college plan, which provides a cost-effective entry point into higher education for Boston’s young people. “The single most effective way to break down the social
The Office of Financial Empowerment is excited to have received a grant from LISC and the Social Innovation Fund to support a Bridge to Hospitality Program which will provide pre-employment training in the hospitality industry, basic computer skills, customer service
Because taxes are no less mandatory if you don’t speak the language, the Boston Tax Help Coalition (BTHC) provides help in Chinese, Vietnamese, Spanish, Somali, Cape Verdean Creole, Haitian Creole, and Portuguese. But those are only the voiced languages. The
The OFE’s last blog post described how the Financial Check Up helps residents learn about and improve their credit and financial well being. Today, we want to introduce you to one of our volunteers who helps us serve Boston residents year round:
What is the Financial Check Up? The Financial Check Up (FCU) is a light touch strategy, one-on-one financial assessment tool that provides a City of Boston resident with the opportunity to review his or her credit report with a trained