The Power of Debt Management Plan Concessions
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Wednesday, May 22 @ 1PM – 2:00PM Eastern Time
The Power of Debt Management Plan Concessions
Is your financial institution concerned about rising debt balances and increased delinquencies? Per a New York Federal report, total credit card balances in the U.S. have reached $1.13 trillion. For credit card debt over 30 days late, delinquencies had risen to 8.5% in the fourth quarter of 2023.
The good news? Your partnership with GreenPath can help! This informative session provides a review of what GreenPath Debt Management Plan (DMP) concessions are and how they can be maximized to help people repay debt in full, back to your financial institution. Get your questions answered about what it would look like to offer DMP concessions and what impact doing so can have on the people you serve.
Can't make the webinar time?
No worries! Register anyway, and we’ll send you the recorded webinar.
What You Will Learn
- What DMP concessions are and how they can benefit everyone
- How DMP concessions help pay down debt and reduce delinquencies
- How DMP concessions impact the GreenPath Client Journey
Who Should Attend
- Anyone who wants to understand how your financial institution can maximize the GreenPath DMP
- Stakeholders in the success of both the people you serve and your financial institution
- Anyone who wants to empower people to repay debt with fewer obstacles
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Presenters
Andrea Irvin: GreenPath Partner Experience Manager