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CFPB Launches Financial Coaching Initiative

Consumer Financial Protection Bureau

Program Targets Transitioning Veterans and Economically Vulnerable Consumers

WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) is launching its Financial Coaching Initiative, targeting recently-transitioned veterans and economically vulnerable consumers to help them with their financial goals. The program places 60 certified financial coaches at organizations around the country to provide individualized educational services.

“Having a trusted, well-informed financial coach can increase your odds of financial success,” said CFPB Director Richard Cordray. “Our project aims to provide financial coaching services at critical points in consumers’ lives, especially as they transition from military service or from being unemployed.”

Read the full post at the source: http://www.consumerfinance.gov/newsroom/cfpb-launches-financial-coaching-initiative/