Skip to Content

Financial Empowerment Center Services

What We Do

The Nashville Financial Empowerment Center provides free, one-on-one financial counseling for every interested adult who lives or works in Davidson County. It doesn’t matter if your annual income is $5,000 or $100,000, everyone can benefit from learning more about how their money works.

We focus on these areas:

Credit Score Improvement

Your credit impacts how much you pay to borrow money, whether you can obtain certain kinds of employment, and how much your insurance costs. We can:

  • Pull your credit report and score and explain it to you
  • Work with you to develop a plan to pay off your debt
  • Show you how to contact your creditors and negotiate fees and interest rates
  • Help you identify and dispute errors on your credit report
  • Handle identity theft issues

Debt Reduction

Reducing your debt can improve your credit score, give you the ability to save more money, and help you sleep better at night. We can:

  • Help you create and work a plan to repay your debt
  • Show you the best ways to repay student loans
  • Teach you how to deal with debt collectors who won’t leave you alone
  • Give you tips to reduce your expenses and increase your income

Increased Savings

Paying yourself first is a skill that most people haven’t mastered, but you must do it to plan for emergencies, build wealth, and have peace. We can:

  • Show you how to create an emergency fund
  • Develop a plan to help you reach your savings goals
  • Help you determine how much you need to save for retirement

Establish Safe and Affordable Accounts at Banks and Credit Unions

When you’re struggling to make ends meet, it’s tempting to use high-cost financial services like payday lenders, rent-to-own stores, check cashers, pawn stores, and title lenders. We can:

  • Show you the true cost of borrowing from alternative lenders
  • Work with you to find a bank or credit union that meets your needs
  • Teach you how to set up checking and savings accounts to protect your money

Learn what to expect from your first Nashville Financial Empowerment Center Appointment