In the early onset of the COVID-19 crisis, California Governor Newsom requested credit unions and state-chartered banks, mortgage lenders and loan servicers to provide financial relief for consumers and homeowners affected by the pandemic. However, some homeowners and/or renters are still not seeing the relief and the current financial situation seems to have worsen. We
The Federal Deposit Insurance Corporation (FDIC) has been working to develop resources that will make it easier for consumers without a bank account to find a bank that can open an account online without going into a branch: https://www.fdic.gov/coronavirus/economic-impact-payments/ If you do not have an account, many banks offer ways to open one remotely – online
America Saves Week is February 24-29, 2020. Since 2007 America Saves Week has been an annual celebration as well as a call to action for everyday Americans to commit to saving successfully. The America Saves pledge is the framework that allows savers to set a goal, and make a plan to achieve better financial stability.
The California Department of Business Oversight (DBO) would like to thank all of our participating partners of the 2019 Financial Literacy Resource Fair in Sacramento and Los Angeles. Your considerable contribution of time and education is greatly appreciated by the Department of Business Oversight and will continually aid in the efforts to bring financial literacy
The month of April has been recognized as Financial Literacy Month in the United States since 2003 to encourage organizations across the nation to provide financial education in communities and influence individuals to make smarter decisions about spending & saving money. Millions of Americans are tasked with paying outstanding expenses making it hard for extra
PG&E’s Subsidized Housing Assistance Relief for Energy (SHARE) Pilot program focuses on mitigating homelessness by resolving the unpaid PG&E energy debt for eligible participants. SHARE eligibility (all required): A subsidized housing assistance participant of a SHARE participating Housing Authority At risk of a service disconnection or inability to secure housing due to an unpaid PG&E
Another school year has come to an end. For many parents, it’s a time when they realize that their child is one year closer to going to college, which, in turn, means it is a year closer to having to pay for higher education expenses. Read more: http://www.finra.org/investors/highlights/summer-study-understanding-529-college-savings-plans