Consolidated Credit Launches Military Financial Education Program

Receives $10,000 grant from Wells Fargo to support education initiative in South Florida.

Consolidated Credit has launched an education initiative specifically tailored for military service members and veterans in South Florida – working in unison with Army OneSource and the VeteraNetwork. Now, that initiative has gained even more traction with a $10,000 supporting grant from Wells Fargo.

The money will be used to build new programs that focus on Home Buying, Credit, as well as Budgeting and Saving for all active and retired military service members. While these programs will provide general financial information, they will also be tailored to address the unique challenges faced by members of the military. Certified counselors will also be available for one-on-one counseling.

“Statistics show military service members and veterans struggle with financial literacy, and this lack of education is causing big problems for the men and women who serve our country,” says Gary Herman, President of Consolidated Credit. “With the help of the Wells Fargo grant, Consolidated Credit will be able to provide customized financial education and advice for service members, veterans, and their families.”

The programs will be available locally in southeast Florida with seminars held near Consolidated Credit’s home office in Broward County. These seminars will primarily service the personnel stationed the U.S. Army Garrison in Miami, as well as those stationed at SOUTHCOM. Additionally, to help service members and veterans outside of Florida, the seminars are also being used to create online webinars. That way, military members can take advantage, no matter where they are in the world.

Current programs include:

  • Military Home Buying
  • Planning for a Permanent Change of Station (PCS)
  • Budgeting for Deployment
  • Career Transition to Civilian Life
  • Coping with Financial Stress
  • Planning for Retirement
  • Military Credit

For more information on upcoming seminars and webinars or to schedule a free one-on-one financial counseling session with a certified counselor, call .