Free Workshop Helps Citizens Build or Repair Credit History

May 4, 2015

“Credit As An Asset” is new workshop offered by Louisville Metro Department of Community Services that provides people with the tools to build or rebuild a good credit history. This free, two-hour workshop will help individuals think about their relationship with credit and why credit it is important and plan for future financial stability. 

The free workshop is Thursday, May 7 from 12 - 2:00 p.m. at the Urban Government Center, 810 Barret Ave., Room 347. To register, call 502/574-5156.

 Louisville Metro Community Services recognized credit building and repair as a vital need for many individuals and families across our community, particularly those impacted by the economic downturn several years ago.  Through the Corporation for Enterprise Development’s (CFED) Assets & Opportunity Network’s Technical Assistance Fund - supported by JPMorgan Chase - Community Services and Bank On Louisville partnered with the Credit Builders Alliance, a national network of credit building organizations, to develop the “Credit As An Asset” curriculum.

 “’Credit As An Asset’ helps us provide another tool in our clients’ toolbox,” Tina Lentz, Executive Administrator of Community Services’ Advocacy and Empowerment Division said. "The vast majority of consumer-lending decisions are based on an individual’s credit score, and this new curriculum is designed to help people build a solid score and credit history so they can better qualify for loans to buy homes and cars, rent apartments and start businesses.”

Additional sessions are planned to coincide with Community Services and Bank On Louisville’s financial education workshops which help people establish household budgets, create savings and checking accounts and reduce debt. To learn more about all of these offerings, visit