With many of our members financially affected by the current economic shutdown, we want to share some resources that are always available for free through our partnership with BALANCE, a financial wellness non-profit.
Debt and Budget Counseling
While there are hundreds of “debt counseling” organizations across the country, we have agreed to quality standards that include accreditation, certification of counselors, audits and core policies that ensure quality service. We offer a Debt Management Plan, and are committed to providing comprehensive money management education and counseling.
To speak with a counselor, call toll-free 1–800.777.PLAN (7526). Monday–Thursday 9:30 AM–68PM, Friday 9:30 AM–7 PM, Saturday 11 AM–4 PM (Central Time)
Debt Management Plan
Many of our clients work with their counselors to explore the option of a Debt Management Plan (DMP) for repayment of their unsecured debts. The DMP can offer lower interest rates, a cessation of certain fees, and lower required monthly payments. We work directly with your creditors on your behalf. Over the years, the plan has helped hundreds of thousands of people save millions of dollars and pay off debts, and move closer to their financial goals.
Our counselors can review your current spending patterns, create a spending plan that allows you to take charge of your financial situation both month to-month basis and in the long term. They also discuss your financial goals and develop an action plan for overcoming challenges so you can achieve those goals.
By being a Houston Metropolitan member you have access to free webinars. Register below for the webinar that works for you.
MAY — BECOMING A HOMEOWNER
Homeownership starts well before the contracts are signed—preparation is one of the keys to a smooth home buying process. This webinar covers all major pre-purchase topics such as budgeting, the down payment, credit reports, debt to-income ratios, and the mortgage lending process.
Session 1: Tuesday, May 12, 2020 Time: 12:30 PM – 1:30 PM
Session 2: Thursday, May 21, 2020 Time: 7:30 PM – 8:30 PM
JUNE — UNDERSTANDING CREDIT
Credit: Many want it but how do you get it? This webinar covers all aspects of becoming an educated credit consumer, including how lenders evaluate for credit approval, factors that impact credit qualification, how credit scoring works, and ways money management today impacts credit standing tomorrow.
Session 1: Tuesday, June 9, 2020 Time: 12:30 PM – 1:30 PM
Session 2: Thursday, June 18, 2020 Time: 7:30 PM – 8:30 PM
JULY — THE PSYCHOLOGY OF SPENDING
We all have a “money personality” and it has a major impact on our attitudes, relationship with money, and spending habits. By understanding this, individuals can monitor and adjust their behaviors to make smart money decisions. This webinar will teach strategies and tactics to decode personality types to gain control over finances.
Session 1: Tuesday, July 14, 2020 Time: 12:30 PM – 1:30 PM
Session 2: Thursday, July 23, 2020 Time: 7:30 PM – 8:30 PM
AUGUST — FEDERAL STUDENT AID WITH FAFSA (FOR TEENS)
The Free Application for Federal Student Aid (FAFSA) is many students’ ticket to financial assistance for college. This webinar covers important details such as how the FAFSA works, deadlines, and the application process. This webinar is geared towards a teen audience but parents are also welcome to attend!
Session 1: Tuesday, August 11, 2020 Time: 12:30 PM – 1:30 PM
Session 2: Thursday, August 20, 2020 Time: 7:30 PM – 8:30 PM
All of these topics are just a small sample of the articles, newsletters, podcasts, and videos you have access to by being a member of Houston Metropolitan Federal Credit Union.
We hope you’re able to make good use of all of these resources during these times.