We normalize being stressed about our money,” said Kalkowski. I say if you’re having trouble with your money, you’re a normal American. Some physically, but a lot emotionally. . “It’s not just the curriculum, a lot of times single moms have been pretty beat up. The Financial Hope Collaborative (or FHC) is an organization aimed at helping people in these types of situations by offering financial education, financial coaching and avoiding predatory services, among them being payday loans. Their main program is the Financial Success Program for single mothers. Persistence and not throwing her hands up.“There was one woman who is making probably three times my salary now. When she came in and she was really struggling, and we wanted to use her as a success example, but because now she’s really high up in the food chain at she says ‘I can’t have people know that I was a train wreck now that I’ve got this position of authority,” said Julie Kalkowski, executive director of the Financial Hope Collaborative. That's life, we take one step forward and two steps back. Points and roughly $100 less, but given the circumstances, it's a big win for me. However, as of February 2022, myĬredit Score increased to 570 and my Past Due debt decreased to $10,192. I had already spent most of my tax return. With his car, and my daughter's upcoming prom costs. Had a couple of setbacks: paying for unexpected wedding expenses, my son needing my help I had 30 days to report back on my progress. Natalie put me on track with a workplan and assigned me myįirst tasks. When I started I had a Credit Score of 567 and January 2022, so I am just beginning my journey. I filled out my forms and got started right away. At no cost to clients,Ĭonfidential, and easy to begin. TheĬredit & Money Management Program was exactly what I needed. ![]() Natalie Llorente and I was pleasantly surprised. ![]() My fiancé mentioned a program with the Chicago Treasury, so I decided to callĪnd see what it was all about. After being rejected multiple times for a mortgage loan because of my low credit score, I decided I contacted Operation HOPE because I would like to buy a house. This world-renowned city is full of promise and opportunity, and we look forward to seeing the impact that this Partnership and the financial coaching will bring in the months and years to come,” said Operation HOPE founder John Hope Bryant. Together, we’ll work to empower Chicagoans with a renewed financial mindset and the tools to build a better future for themselves, their families, and the community as a whole. ![]() “Partnership is the cornerstone of progress, and we are grateful to be forming this new relationship with the City of Chicago. According to a study by Accenture, participants in similar “HOPE Inside” programs offered around the country, 72% have experienced an average FICO score increase of 35 points within less than five months from entering the program – more than twice the rate of its industry peers. Click here to sign up for coaching sessions.Īccess to the 700 Credit-Score-Community will include group classes with members who are interested in transforming their finances and preparing for future financial success. HOPE Inside will provide complimentary services and education to those facing financial challenges, need assistance on debt management, credit score improvement, conversations focused on financial insecurities, building and preserving wealth, and much more! HOPE Inside will provide a mixture of programming and services offered by skilled financial coaches and speakers to include:įinancial Literacy and Development Workshops focused on creating a personal budget, learning to read and correct errors via your credit report, homeownership steps, and more.Ĭoaching Sessions to help you recover from debt and low FICO scores, prepare a budget analysis, establish a plan of action to resolve credit issues, and much more. Introducing HOPE Inside, an initiative offering credit and money management resources for free to all Chicago residents and small business owners.
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