Philadelphia’s Financial Empowerment Centers

Launched in 2013 with funding from Bloomberg Philanthropies and Living Cities, Philadelphia’s Financial Empowerment Centers offer free, one-on-one professional financial counseling in multiple languages to all Philadelphia residents.  Services are provided at 12 locations across the city and focus on helping residents control debt, improve credit, create budgets, and access safe and affordable financial products.  As of 2015, the effort was credited with helping nearly 1,100 people decrease their debt and around 500 people grow their savings.