Learn How to Manage Your Finances with Counseling from AHF

Credit counseling by AHF helps prepare you to buy your own home

Having good credit is essential to buying your own home – it’s how your lender can be confident you will be able to pay back your loan in the future.

For many people, becoming a homeowner begins with repairing poor credit history and learning to follow a spending plan and manage their debts and savings.

We can help you through this process with expert coaching/counseling services. We help you:

  • Become informed and educated about credit requirements
  • Analyze your financial and credit situation
  • Locate and fix problems that may have led you to you current financial situation
  • Set Goals for your financial future, pay off debts, save for a home, open a savings account, open an investment account
  • Identify barriers to homeownership and create a plan to remove them

Why It Matters: Financial literacy is crucial to help clients save enough to provide adequate income in retirement, while avoiding high levels of debt that might result in bankruptcy, defaults & foreclosures. A few years ago, a study from financial services company showed that those with high financial literacy plan for retirement &, in essence, have double the wealth of people who do not plan for retirement. Conversely, those with low financial literacy borrow more; have less wealth & end up paying unnecessary fees for financial products. In other words, those with lower financial literacy tend to buy on credit, & are unable to pay their full balance each month & end up spending more in interest. This group also does not invest, has trouble with debt & a poor understanding of the terms of their mortgages or loans. Even more worrisome, many clients believe that they are far more financially literate than they really are.

Financial Capabilities Coaching/Counseling Application Packet

AHF Intake Form

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