Six Strategies for Protecting the Credit of People with Disabilities
by David Berenbaum, CEO, Home Preservation Foundation (a strategic affiliation of GreenPath Financial Wellness
4 January 2018
When adding to your Christmas list, a local expert says consumers need to exercise the same sort of practice that Kris Kringle employs.
Santa Claus makes a list and checks it twice, and so should consumers, said Katherine Jamieson, educator at the Macomb County office of the Michigan State University Extension Service in Clinton Township.
Her advice is just one word of caution for buyers who are ready to burn through cash and credit limits at stores and online.
Katie Bossler is expecting calls in January from people looking to manage the debt they’ve accumulated, either for holiday spending or from medical bills.
“Starting in January, it’s not uncommon to have in influx of calls from people facing credit card debt and figuring to pay it off that may have occurred during the holidays,” said Bossler, a financial wellness expert for GreenPath Financial Wellness in Farmington Hills, and a certified credit counselor.
To read the rest of the article, click here.
GreenPath Helps More Than 200,000 Americans Get Out Of Debt and Achieve Financial Wellness Each Year
Michigan-based teachers Dawn and David Van Dyke were in a vicious cycle with credit cards. Their spending habits spiraled out of control to the point where they relied exclusively on credit cards for purchases, and when they maxed out one card, they would use another one — or even open a new line of credit — to pay it off
Read more about the Van Dyke's financial journey, the role GreenPath played, and how GreenPath can work with people, like the Van Dykes, to acheive their financial dreams.
GreenPath Financial Wellness names Donna Doleman Dickerson as its first Chief Marketing Officer
November 2, 2017
FierceCEO - November 2, 2017
Kristen Holt got her first fiscal life lesson from her parents.
When she was 10 years old, they allowed her to start her first job - walking dogs. But the condition was she save half of the money she earned.
"That really stayed with me," said Holt. And it shows. She is now CEO of a nonprofit financial counseling company.
GreenPath Financial Wellness counsels and offers programs for people to pay down debt. In the position for just 18 months, Holt says it suits her to a tee given her skills as a Certified Public Accountant and her penchant for personal finance.
To learn more about Kristen Holt's plans for plans for change at GreenPath, click here.
'Congress Is Protecting the Banks': Senate Votes To
Building your credit can unlock possibilities and save you money. It’ll help you qualify for loans and credit cards at lower interest rates, and you might get a break on your car insurance rate or avoid deposits on utilities.
But be strategic about the approach you pick. Taking on high-cost debt to improve your credit can leave you in a worse place than where you started.