On November 17, Capital One Bank and Windsor Village United Methodist Church held a celebration to honor the first graduating class of the Debt Boot Camp: How to Get Out, Stay Out and Become Financially Fit!
The Debt Boot Camp is a free, first-of-its-kind program designed to walk participants through the process of becoming debt free and financially sound. This innovative, collaborative program is centered on a successful course study proven to help individuals and families eliminate debt long-term. Participants learn the importance of establishing savings while improving their credit.
Debt Boot Camp participants choose a six-month or 12-month track. In addition to obtaining access to premium personal financial education at no cost, those who register for the program receive free one-on-one confidential financial counseling from experts from Money Management International, as well as coaching from Capital One bankers.
Capital One Bank also offers participants the opportunity to open a no-fee savings account. Benefits offered by Capital One Bank’s partners in the program include Covenant Community Capital’s Individual Development Account, which features matching funds up to $4,000 for participants who meet income and other guideline qualifications, and an Estate Planning Package from Earl Carl Institute for those who qualify.