The launch of the CFPB financial coaching initiative

Today, we launched our financial coaching initiative. The launch featured remarks from Director Richard Cordray and Secretary of Labor Thomas Perez, as well as other key program participants.

Our financial coaching initiative

Whether you’re a veteran who has recently transitioned to life in the civilian world, or a consumer facing economic challenges, having a trusted, well-informed advisor can increase your odds of success. Our financial coaching initiative provides guidance to recently-transitioned veterans and vulnerable families in places where they’re already going for help. We’ve joined forces with the Department of Labor (DOL) and more than two dozen non-profit social-services providers to place 60 certified coaches in DOL American Job Centers and community-centered nonprofits across the country. These professionals provide one-on-one free coaching to help these consumers craft a personalized plan for financial success.