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Freddie Mac Launches Spanish Version of CreditSmart

""Freddie Mac"":http://www.freddiemac.com/ has made available a Spanish version of ""CreditSmart"":http://www.freddiemac.com/creditsmart/, the company's free online tutorial designed to educate families on building savings and personal credit, making wise financial choices, and becoming successful homeowners.

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Launched in 2001, the CreditSmart program has reached more than three million consumers in 44 states, teaching them about banking, budgeting household income, understanding credit scores, getting a mortgage, and more. The online version of CreditSmart launched in April this year.

The online tutorial also includes modules tailored to help current homeowners avoid foreclosure, maintain their home, and succeed as long-term owners.

With the release of the Spanish modules, Freddie Mac hopes to reach even more current or would-be homeowners by crossing the language divide.

""Our online Spanish CreditSmart tutorial aims to break down barriers to homeownership by targeting language barriers to sound information about building savings, credit and the financial savvy to own a home,"" said Christina Diaz Malone, Freddie Mac's VP of corporate relations and housing outreach. ""Today's announcement celebrates Hispanic Heritage Month by giving families new ways to prepare themselves for homeownership and long-term financial stability.""

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