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1152 North Christiana Avenue

Chicago, IL 60651

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Session 1 - April 13th: Understanding Credit & Establish a Good Credit Score

In this installment of LUCHA’s financial empowerment series you will learn about why credit is important, what credit is, your credit history and how to understand it, why good credit history is important, the benefits of good credit, and how to establish Good Credit History.

After this course participants should be able to describe credit, define terms related to credit, and explain the value of a good credit record.

Session 2 - April 27th: Credit Score Components & Methods to Improve/Restore Credit

In this installment of LUCHA’s Financial Empowerment series participants will learn about why credit is important, the major players in the credit industry, the difference between FICO and Vantage Scoring, tools for improving/restoring credit, how to understand a credit report, and credit laws.

After this course participants should be able to effectively understand a credit report, identify the major players in the credit industry, and have an idea about ways to improve/restore their credit score.

Session 3 - May 12th: Budgeting Tools & Money Management

In this installment of LUCHA’s Financial Empowerment Series participants will learn ways to determine and maintain income, track their expenses, reduce expenses and cut costs, reduce debts, and manage their cash flows.

After this course participants should be able to differentiate between “needs” and “wants,” create a spending plan, create a savings plan, and use credit cards wisely.

Session 4 - May 26th: Goal Setting & Planning for the Future

In this installment of LUCHA’s Financial Empowerment Series participants will learn ways to set goals for the future, and describe short, medium, and long-term goal time frames.

After this course participants should be able to apply tips learned in this course to set goals, describe short-term, medium term, and long-term goal time frames.

Session 5 - June 9th: Thinking like a Lender & Banking Services

In this installment of LUCHA’s Financial Empowerment Series participants will learn how to understand how lenders evaluate their clients based on their credit worthiness when they are deciding whether or not approve individuals for loans and mortgages.

After this course participants should be able to explain how lenders and other financial institutions determine credit worthiness, describe the four primary factors of credit worthiness, and how to calculate total overall debt.

Session 6 - June 23rd: Saving/Planning & Investment Strategies

In this installment of LUCHA’s Financial Empowerment Series participants will learn about compound interest, how to track spending, savings/shared accounts, the money market, certificates of deposits, bonds, stocks, mutual funds, and retirement plans.

After this course participants should be able to understand the basics of investment strategies and their options for future savings plans.

Session 7 - July 14th: Preserving Homeownership

In this installment of LUCHA’s Financial Empowerment Series participants will learn about the challenges of homeownership and how to preserve despite the high demands of maintaining your home as a habitable place to live and a sound investment.

After this course participants should be able to develop strategies for addressing the challenges of homeownership and achieve the financial stability to continue to make regular payments on the mortgage and insurance.

Session 8 - July 28th: Consumer Rights & Credit Traps/ID Theft

In this installment of LUCHA’s Financial Empowerment Series participants will learn the in’s and out’s of their legal rights as homeowners, the schemes of financial predators, and what to look for when seeking to protect their investment and make sound financial decisions

After this course participants should be able to detect a possible financial trap, know what to do if their identity is stolen, and what their rights are as consumers.

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1152 North Christiana Avenue

Chicago, IL 60651

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