Free Tax Service You Can Trust
Get your taxes prepared for free with Earn It! Keep It! Save It! Trained tax preparers are helping thousands of local residents. Come visit us at more than 200 Bay Area locations. Your 2013 income must be less than $52,000. To find a site near you, call 211 or click here for more information.
An Evaluation of Payday Plus SF
Payday lending, which many policymakers consider predatory and irresponsible given extraordinarily high interest rates, have nevertheless grown rapidly in recent decades. To help lower-income residents break free from payday loans, the San Francisco Office of Financial Empowerment partnered with San Francisco credit unions to pilot Payday Plus SF: a short term loan designed to carry borrowers through financial emergencies without causing a new one. Payday Plus SF loans offer fair interest rates and realistic repayment terms. Clients can borrow up to $500 and repay it over 6 to 12 months at a maximum APR of 18%, even if they have low or no credit scores.
To understand the impact of the loan, the San Francisco Office of Financial Empowerment partnered with Stanford University and Community Financial Resources to evaluate the Payday Plus SF program. The Stanford Evaluation uses mixed-method data from a survey of 123 borrowers and in-depth qualitative interviews with 30 borrowers of loans offered through Payday Plus SF. To download the full report and findings click here.
Financial Education Workshop Calendar
Does your organization host financial education workshops, events or fairs? Share your upcoming financial education workshop on the Smart Money Network Calendar. We update our calendars every month with the latest financial education workshops and events in San Francisco. List your upcoming event on the calendar by e-mailing email@example.com with the name of your event, date, location and sign up information, as well as a brief 1-2 sentence description.