We must accept credit cards as a financial fact of life. The plastic does not pose a problem except when credit card management gets out of control. People may think they know what they are doing. However, one mistake is sufficient to show them that they do not.
It Rarely Is Easy
Managing credit is not easy. People who think they have everything under control are not always aware of the danger. It is okay to pay just the monthly minimum. But if the minimum amount is slowly rising, things are quietly getting out of control.
Transferring balances seems innovative, but this procedure can threaten financial wellness. A person must understand the terms and conditions of a 0% transfer. A consumer must pay the transfer amount within a set period or else pay a sizable interest rate on the balance. Missing a single payment will send the interest rates soaring. An individual may suddenly find an emergency he or she never expected.
Stress Rises with the Interest
Employees who deal with credit card chaos are very distracted. Their stress is increasing with the minimum payments. Employers must recognize the threat to productivity credit worries can pose. Those facing plastic woes appreciate some help. Countrywide Pre-Paid Legal Services has a financial wellness benefit to ease those worried minds.
Get the Picture
Employees who are well paid can run into credit card problems. We can help stop the madness. Countrywide has a nationwide network of certified counselors. Their task is to end threats to financial wellness.
A primary tool our counselors use is a personal budget analysis. This permits a counselor to analyze the cash flow of a plan. Our counselors have considerable experience working with credit card issues. A counselor can spot immediately where there is difficulty in a person’s budget. Our professional will take a closer look at income and determine where changes can release extra money.
That is not all. Our counselors can give suggestions to a financial wellness plan member on how to manage credit card debt. There are certain situations where credit card debt forgiveness can happen. It does require evidence and paperwork. Our counselor will assist in the effort. The fine-tuning that a Countrywide counselor offers can quickly put a financial wellness plan member back on the road to stability.
Do not Worry About Lectures.
No one wants to be criticized for their spending habits or how they manage their credit debt. Financial wellness plan members are adults, and they insist on being treated like adults. Countrywide could not agree more.
We expect that our counselors will listen patiently to all the information, take a careful look at cash flow, and then make suggestions. We do not preach sermons, but we will coach a person about how to use their credit cards. These are, of course, suggestions. It is the plan member who ultimately decides what will be done. We wish to point out that we have been highly successful in helping people return sanity to the figures.
Client’s Help Is Essential
We want our plan to fit the needs of every employee, but we have no idea about an organization’s demographics. We need help, and we ask the decision-makers to provide it. We will show a prospective client all our options and explain each one. Every question is answered thoroughly. The organization will then decide on which options will be part of their plan. We provide administration and member services. It is essential to remember that whatever the client wants will be in that final plan document.
Fixing credit card problems takes a significant burden off an employee’s back. It permits that highly skilled person to concentrate more on corporate goals and objectives. If you have any questions about our benefits, please feel free to contact us at your convenience. We want to be able to help you and provide an excellent service for your employees.