As a result of COVID-19, many are concerned about their health as well as their financial wellbeing. The last thing we want is for people to worry about damage to their credit during this time. Nonprofits are often at the front lines of support for households, while also navigating unprecedented uncertainty. To this end, we have compiled resources that will be updated to support you in your work. If you are offering and willing to share a service or resource that may be available to the broader credit building community, please let us know. Lastly, do not hesitate to reach out if CBA can be of support to you during this time.
Guidance for Credit and Financial Coaches/Counselors
Association for Financial Counseling & Planning Education (AFCPE): Free Financial Coaching and Counseling Offered by Certified AFCPE® Professionals
Change Machine: Free Subscriptions for Practitioners Through 6/30/21
Freddie Mac: COVID-19 Resources
NeighborWorks America: COVID-19 Resources
Guidance for Lenders
CBA Rent Reporters: If you are reporting your tenants' rent to the credit bureaus, much of the guidance for lenders applies. Please reach out to learn more about how to mitigate negative impact on your residents' credit and see more information on CBA's Rent Reporting Center site.