Finding Financial Breathing Room

New Horizon Federal Credit Union

This story is about a single male member who had taken a month off work due to switching jobs and came in looking for help properly budgeting his finances. During our meeting, we reviewed his pay dates, monthly bills, and discussed how adjusting the timing of some expenses could improve his overall monthly outlook. The reality was that he didn’t have enough funds to cover everything comfortably. Together, we put a plan in place by consolidating his debt into one loan, which immediately saved him an additional $300 each month. He also made the important decision to get out from under a leased vehicle that had been causing him financial stress. Since then, he has checked in a few times to ensure he is still on the right financial track and continues to do well. He now owns his vehicle outright, maintains a strong credit score of 770 with no negative marks, and feels confident and in control of his finances. He is extremely happy with the service he received and plans to return in the future.

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