Residents Reduce $100M in Debt Through Municipal Financial Counseling Initiative

FECs in 6 cities have helped over 82,000 people reduce a total of $100 million in debt.

This press release announces that over 82,000 people have reduced a total of $100 million in debt through municipal Financial Empowerment Centers (FECs).

The Financial Empowerment Center initiative provides high-quality, one-on-one financial counseling as a free public service. Learn more about the CFE Fund’s work to expand this model in 50 cities under its FEC Public platform.