Making Justice RealThe Official Blog of the Legal Aid Society of the District of Columbia
Legal Aid Selected to Host CFPB Financial Coach
Legal Aid announced today that it has been selected by the Consumer Financial Protection Bureau (CFPB) to participate in the federal agency’s Financial Coaching Initiative. As part of this initiative, Legal Aid will host a full-time financial coach to work with our clients to help them with their specific financial goals. Legal Aid was selected as part of a competitive process to identify nonprofit organizations serving economically vulnerable consumers who would benefit from complementary financial coaching services. The initiative, which was formally launched on Wednesday of this week, is designed to provide financial coaching at critical points in consumers’ lives as they move along the path to financial stability.