Reduce Debt

GreenPath Debt Management Plans Reduced Member Debt by 36% in 2022

March 3, 2023
by Team SESLOC

Our partners at GreenPath Financial Wellness provide unbiased, empathetic certified credit counselors and offer free assistance with budgeting, general financial wellness, debt counseling, foreclosure prevention and support, and student loan payment. GreenPath also offers a Debt Management Program where they negotiate with creditors on behalf of members enrolled in the program to reduce interest rates and help them repay debts faster. In 2022, GreenPath’s certified counselors assisted 12 SESLOC members with a combined $153,532 in debt pay off $56,591 through the program — that’s a reduction of outstanding debt by 36% in under a year!

We partner with GreenPath Financial Wellness to ensure our members can access the financial wellness support they need to achieve their goals. In addition to providing access to counselors and Debt Management Programs, GreenPath offers financial guidance for people navigating everyday life changes, such as a marriage, new baby, or new home,* as well as engaging webinars and educational articles. Learn more about how GreenPath can help you plan and meet your financial goals today.

 

*GreenPath is a HUD-certified housing counseling agency.

Share this post

Like this post