Balance Financial Education
At Bay Atlantic FCU, we care about your financial wellness. That’s why we’ve partnered with industry-leading Balance to provide you with free access to expertly-crafted financial education resources including free webinars and more to help with your fiscal matters.
Upcoming Webinars
We’re very excited to announce our free webinars for October! Our webinars are packed with useful info, and are open to all BAFCU members. Just make sure to reserve your virtual seat!
October: FAFSA: The Key to Unlocking Financial Aid
The Free Application for Federal Student Aid (FAFSA) is a government form that streamlines the financial aid process, which can help reduce your student loan burden. This workshop covers FAFSA basics, as well as provides insight into the application process, how to complete the FAFSA online, federal requirements, and receiving and maintaining federal financial aid.
Balance can assist with confidential, no-cost financial counseling services to help you develop a game plan for your money. Take advantage of specialized financial coaching programs for key stages in life, as well as personalized plans to help address your personal situation, obstacles, and aspirations.
Debt and Budget Coaching
Accredited, certified counselors are available to help you explore the option of a Debt Management Plan for repayment of unsecured debts; as well as reviewing your current spending patterns and discuss your financial goals to develop a spending plan that works for your unique situation, needs, and aspirations.
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Credit Report Review
Balance counselors are trained to review credit reports and answer questions about scores, building credit, and correcting inaccuracies or errors. Based off the information obtained in your credit report, your counselor can provide additional educational resources tailored to meet your needs.
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Homeownership Coaching
Whether you are an aspiring or current homeowner, Balance counselors are available for free confidential sessions. Choose from three different program outlines (pre-purchase counseling, foreclosure prevention, reverse mortgage counseling) or develop a personalized plan based on your unique situation and goals.
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Rental Coaching
Learn more about building credit and becoming a desirable tenant. Rental counselors can assist in developing a personalized plan for saving money, increasing income, and reducing debt. In addition to financial education, counselors are also able to help understand lease agreements, basic tenant rights, and review affordable housing options.
