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Wells Fargo Grants $10,000 to Consolidated Credit to Support the Military Financial Education
Wells Fargo teams with Consolidated Credit Solutions to support military members, veterans and their families by addressing financial education challenges. Programs will focus on Military Home Buying, Military Credit, Military Budgeting and Saving.
“Wells Fargo is committed to helping veterans, military service members and their families succeed financially,”
—According to the Department of Defense, financial problems are the leading cause of security clearance revocation or denial.
—19 percent of military members report at least one financial problem in the past month.
—25 percent of military families carry a credit card balance of more than $10,000 and 50 percent carry debt month-to-month.
“We are committed to helping build strong communities. It’s a commitment that’s core to our organization’
The Military Financial Education Program is comprised of counseling with Certified Military Home Specialists, a toll free dedicated phone number for Military personnel, as well as seminars and webinars that include the following topics:
—Military Home Buying
—Planning for a Permanent Change of Station (PCS)
—Budgeting for Deployment Attendees learn how to make the most of the money they have by saving more, creating a spending plan and being a smart shopper.
—Career transition to civilian life
—Coping with financial stress
—Planning for retirement
Military and veteran groups wishing to have a counselor teach a class or individuals interested in scheduling a session with a Consolidated Credit Solution Certified Financial Professional can contact 888-647-2716
About Wells Fargo
Wells Fargo & Company is a nationwide, diversified, community-based financial services company with $1.5 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 locations, 12,500 ATMs, and the internet (wellsfargo.com)
About Consolidated Credit Solutions
Consolidated Credit Solutions is one of the nation's largest credit counseling organizations in the country and has helped over 5 million people in over 20 years with financial issues. Their mission is to assist families throughout the United States in ending financial crisis and solving money management problems through education and professional counseling.They offer full-service housing counseling to help consumers with housing issues to make sure they have the information needed every step of the way.
Consolidated Credit Solutions
Page Updated Last on: Jun 17, 2014