Catalog/Articles PCL Website

PCL to Offer Free Financial Workshops During Money Smart Week 2015

Published Date: 
April 8, 2015
Publication: 
Learn From the Experts About Credit Scores, Mortgages, Retirement and Student Loans 
 
PROVIDENCE,RI - Providence Community Library (PCL) is partnering with local experts to offer free financial workshops exploring how to increase a FICO score, get a mortgage, save for retirement, obtain student loans and other important life choices.  Specialists from financial institutions such as the Pawtucket Credit Union, Santander Bank, Bankers Life and Casualty Company and the Community Care Alliance will provide workshops and presentations from April 18-25 during Money Smart Week, a national awareness campaign originally created by the Federal Reserve Bank of Chicago to help consumers better manage their personal finances. Workshops are available in English and Spanish.
 
Financial literacy is a big issue for America: about 160 million people have credit cards in the U.S. and each household with a credit card carries an average of more than $15,000 in credit card debt. Together with mortgages, auto and student loans, total U.S. consumer debt currently runs at a staggering $11.4 trillion. Better understanding of money matters leads to improved financial health for both individuals and the economy as a whole.
 
Workshops in English:
 
Monday, April 20: 6:00p.m.-7:30p.m.
Credit: Understanding Your FICO, Increasing Your Credit Score and Negotiating/Paying Off Debt
Have you ever wondered why you make monthly payments on time and yet have difficulty achieving “good” credit? During this workshop, participants will learn how debt impacts their credit. Find out how FICO credit scores are calculated and why negotiating/paying off debts, obtaining various trade lines and monitoring credit card usage can improve a person’s FICO credit score. A Certified Financial Social Worker and Real Estate Agent, Crystal Hall MBA is responsible for the day-to-day operations of the LISC Financial Opportunity Center at Community Care Alliance of Woonsocket. She has more than 15 years experience in the Construction, Finance and Real Estate sectors and a wealth of knowledge about finance, contracts, negotiating and marketing. This workshop will qualify participants to receive a Federal Deposit Insurance Corporation (FDIC) Certificate of Completion for "More for Your Money (A Money Smart Curriculum)."
Mount Pleasant Library, 315 Academy Avenue 401-272-0106
 
Wednesday, April 22: 6:00p.m.-7:30p.m.
Credit: Understanding Your FICO, Increasing Your Credit Score and Negotiating/Paying Off Debt
A further opportunity to see Crystal Hall’s presentation and receive a Certificate of Completion.
Smith Hill Library, 31 Candace Street 401-272-4140
 
Thursday, April 23: 4:30p.m.-5:45p.m.
Banks, Credit Unions Mortgage Companies: Just the Basics
Isaac Coney will share his knowledge of banks, credit unions and mortgage companies to help you understand their functions and how to communicate well with their staff. In his extensive career, Isaac has been a manager at a major credit union, Manager at Monroe County Bank and National City Bank, Mortgage Loan Originator at Fifth Third and Chase Banks in Indiana as well as Mortgage Loan Processor for Citizens Bank and Bank of America.
Knight Memorial Library, 275 Elmwood Avenue 401-467-2625
 
Workshops in Spanish:
 
Saturday, April 18: 12:30p.m.
Plan de Retiro/Retirement Planning
Presented by Sylvia Birnal, Insurance Agent, Bankers Life and Casualty Company
Knight Memorial Library, 275 Elmwood Avenue 401-467-2700 x1608
 
Saturday, April 25: 12:30p.m.
Como Convertirse en Dueño de Casa/ How to Get a Mortgage
Presented by Eddie Peguero, Santander Bank Mortgage Division
Knight Memorial Library, 275 Elmwood Avenue 401-467-2700 x1608
 
Tuesday, April 21: 10:00a.m.
Estrategias para Mejorar su Crédito/Strategies to Improve Your Credit
Presented by Claudia Cardozo, Business Services, Commerce RI
South Providence Library, 441 Prairie Avenue 401-467-2700 x 1608
 
Wednesday, April 22: 5:30 p.m.
Prestamos Estudiantiles/Student Loans
Presented by Delia Rodriguez Masjuan,Director, Developing & Empowering Latinos in America
Knight Memorial Library,275 Elmwood Avenue 401-467-2700 x1608
 
PCL also offers special financial workshops for children as young as eight  during Money Smart Week. For more information about all Money Smart Week events at PCL,visit  www.provcomlib.org/money-smart-week
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