If you’re worried about your finances in this difficult economic climate, The NYC Department of Consumer and Worker Protection (DCWP) has a variety of useful resources. Their Financial Empowerment Centers offer free counseling sessions that cover issues such as debt minimization, setting up a bank account, creating a spending plan, and contacting loan providers. The DCWP offers other financial information as well, including free tax preparation for those who qualify, guidance on 529 savings plans, and help understanding prepaid cards.
Consumer protection tips are also available, and address a range of issues including how to safely shop for services, how to navigate credit and debt, and how to avoid scams and identity theft.
Don’t let yourself get into financial trouble! The DCWP is available to help.