A Credit Counseling Center Webinar Workshop in partnership with the United Way of Bucks County’s LIFT program
In our new free webinar series “Building and Sustaining Great Credit – Understanding the 3
C’s,” you’ll learn about using credit in positive ways, establishing a good history, improving your
credit score, and maximizing your creditworthiness – known in the banking industry as the 3 C’s of Credit:
- Character
- Capacity
- Capital
We break down the three C’s of Credit in these one-hour sessions. Sign up for one today!
Credit Character:
Character helps lenders discern your ability to repay a loan. Particularly important to character is your credit history. Your credit report will show all debts from the past 7 to 10 years, which provides insight into your ability to make on-time payments.
Credit Capacity:
This refers to your ability to repay a debt and how much debt a borrower can comfortably handle. Lenders will look to see if you have been working regularly in an occupation that is likely to provide enough income to support your credit use.
Credit Capital:
Capital is savings and assets that can be used as collateral for loans. The lender will want to know if you have any valuable assets such as real estate, personal property like an automobile, or savings and investments that could be used to repay credit debts if income is unavailable.
Your credit score is a measure of factors that may affect your ability to repay credit. It’s a formula that takes into account how you’ve repaid previous loans, any outstanding debt, and your current salary.
After the webinar, you can opt to make an appointment with our financial counselors for a free Credit Assessment, which includes a Tri-Merge (Experian, Transunion, & Equifax) Credit Report. Value: $125.
Speakers may include: Credit Counseling Center staff, Bucks County Consumer Protection, auto loan officers and other credit approval authorities.
Credit Counseling Center is accredited by Council on Accreditation for Children & Family Services, Housing & Urban Development (HUD), Pennsylvania Finance Agency (PHFA), and is US Trustee Approved.
In 2021, Paula was named Executive Director of Credit Counseling Center. She joined the organization in 2008 as a Credit Counselor and was quickly promoted to Director of Housing Counseling in 2009. Paula is a firm believer that each client is a representation of a family whose lives, financial challenges, and needs are important.
She developed and still leads the Center’s Foreclosure Prevention program; and has partnered with the Bucks County Court of Common Pleas Foreclosure Diversion Program. Her keen focus on making a positive impact in the community has generated numerous program collaborations with the United Way of Bucks County and a multitude of social service organizations in the region.
Previously, Paula served 21 on Active Duty in the US Air Force. Initially serving as a combat photographer and finishing the second half of her career as a recruiter, leading to the position of Flight Chief. Highly decorated, she has received awards from the Air Force and the Department of Defense.
An active leader in the Bucks County community, Paula donates her time annually as a board member for the annual Congressional Service Academy Nomination Interviews under the office of Congressman Brian Fitzpatrick. She is an active Chamber member in Lower Bucks, BucksMont, and Upper Bucks, advocates for financial literacy education opportunities at venues servicing low/moderate income consumers and senior citizen organizations.
