Nov. 10, 2014


Comments

 
 
 
  • I think it is wonderful the credit union proactively helps their members! It is important to note that a partnership with a non-profit 501c3 financial counseling agency should never barter debt settlement deals. Non-profit companies offer Debt Management Programs which improve member's credit by getting members back on track with good payment history which is about 35% of the score. My company, GreenPath Debt Solutions, offers a holistic counseling approach through our Financial Wellness Program, designed to address the root cause. Unfortunately, not all programs are alike when it comes to the counseling quality. We have even developed some creative programs for credit union partners to train their staffs for on site coaching and conducted a case study for how these work posted through CUNA strategic services. We applaud Charlotte Metro for caring for their members, our company was founded in the basement of the Michigan credit union league in 1961 and our roots and mission are entrenched with credit unions. We are thankful for credit unions like Charlotte Metro that don't stand on the sidelines but seek to give their members the tools to live a better life. I just wanted to clarify some of the pieces posted about offering a comprehensive credit counseling program.
    Andy Manthei
     
     
     
 
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