Building a Successful Initiative
Having an achievable plan is the first step to building a successful CreditSmart initiative in your community. It takes vision, expertise in consumer education, clarity of roles, and adequate resources to get the job done.
Have a Plan
When you are ready to offer CreditSmart, it is best to have a plan for success. Here are some questions you should ask your team as you fully develop your implementation plan.
- Why is CreditSmart needed in your community?
- What kind of impact would we like to make on/in the community?
- How many people would we like to reach with CreditSmart?
- Do we have the "buy-in" of our board or management?
- Will there be any obstacles or opposition in our way?
- Who do you want to reach with CreditSmart?
Sponsoring organizations must be prepared to take on a variety of responsibilities when offering these programs. They should assign and clarify roles among staff. We recommend the following:
- Instructor Preparation
- Select CreditSmart instructors.
- Schedule and conduct training for CreditSmart instructors (Find out if you're eligible for Freddie Mac's CreditSmart training).
- Obtain the venue for Instructor training.
- Order audio/visual equipment and food for the session.
- Develop a Lesson Plan.
- Provide materials for instructor training.
- Workshop Delivery and Support
- Workshop Promotion
- Provide consumer outreach support, including developing a Consumer Outreach Plan.
- Promote events.
Please see Terms & Conditions for more information.
Ensure Your Resources
- Do we have the staff to implement this program?
- Do we have potential CreditSmart instructors?
- Do we have the ability to answer consumers' questions?
- Do we have the capacity to handle intake and counseling, including bilingual support if needed?
Elements of a Successful Initiative
Organizations that run CreditSmart initiatives typically have the following characteristics:
- Experience with consumer education
- Financial support
- Established trust in the community
- Leadership commitment
- Network of community resources/experts
- Committed and passionate instructors
- Alignment with organization's mission