Loans 101: Navigating Borrowing and Debt Management

Unlock the secrets of responsible borrowing and debt management with our workshop, "Loans 101," at the Financial Empowerment Center. This session is designed to provide you with a comprehensive understanding of different loan varieties and guide you in adopting optimal approaches for effective debt management. Join us to gain the knowledge and skills needed to make informed decisions about loans and pave the way for financial success.

Date, Time, and Language

ENGLISH - November 12th, 10 a.m. & 6 p.m.

SPANISH - November 19th, 10 a.m. & 6 p.m.

Location

Aurora Financial Empowerment Center, 712 S. River St. Aurora, IL 60506

Learning Outcomes

1. Understanding Loan Varieties:​

• Exploring different types of loans, including those for homes, automobiles, personal expenses, and Home Equity Lines of Credit (HELOC)

• Gaining insights into the distinctive features and purposes of various loan categories​

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2. Adopting Optimal Approaches for Debt Management:​

• Learning and implementing best practices associated with the acquisition and management of loans 

• Developing a comprehensive understanding of sound financial practices in relation to borrowing and debt management

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This workshop is your guide to navigating the world of loans, empowering you to make informed decisions about borrowing and effectively managing debt. Whether you're considering a major purchase or looking to refine your debt management skills, join us to enhance your financial literacy and take control of your financial future.