Financial Education and Outreach

The month of April is one of our favorites because it’s Financial Literacy Month! Last month, our staff and volunteers had their schedules jam packed bringing education and consumer awareness to the communities we serve.

As of the fourth quarter of 2022, consumers held personal loans with an average balance of $11,116. Personal loans can be helpful when used wisely, but they can become a debt trap if not appropriately handled. There may be unforeseen circumstances where you find yourself in a situation where you need more money than your loan can provide. You may start wondering if you can take out another loan. This article explores whether you can obtain multiple loans and what factors to consider before taking on additional debt.

We are excited to share that we have been selected to be a part of Capital One's GetLifted program! When we first heard about this program, we thought this was a fantastic way to bring financial education to the communities we serve.  In this article, we will explain all about the program, the volunteer positions we are looking to fill and how you can become a part of this exciting project!

Consumers' first line of defense against frauds is awareness, which is why CCCSMD works to safeguard them. People most frequently associate scams with attacks on their identity or financial security, but as the amount of fraud rises, so do the attack strategies, and individual people aren't the only group being targeted. Scammers target businesses, especially nonprofit and volunteer organizations, and their actions can cause significant financial harm.