Profiles of Debt Success
Personal stories of overcoming problems with debt and finding the right financial path.
Think you’re alone when it comes to your debt problems? You’re not. Debt problems affect people from every walk of life. Whether your problems were caused by unexpected life events or just by your own lack of financial education or planning, there’s a solution out there that can help you get back on the right track.
If you’re ready to get started or you just need to talk to someone to learn more about what we do, call us at . You can also request help now by asking for a free Debt & Budget Analysis.
People are often reluctant to try credit counseling because they’re not sure it’s the right solution to actually help them get out of debt. We talk to Deotha, who overcame her hesitancy to find the debt relief she needed.
Paola wanted to focus on her studies during grad school, but without even a part-time job she wound up facing serious challenges with credit card debt accrued to buy books and cover daily expenses.
Miriam’s challenges with debt started in college with credit cards she never quite paid off. A series of life events and a bad shopping habit kept Miriam in debt throughout her life until we helped her take control.
Cheryl quit work to keep a promise to care for her mother after her father passed, but while focusing on family helped them heal, it brought new challenges with Cheryl’s finances as her credit card balances rose.
Ongoing medical challenges can leave you in a bind no matter how much education you have. When Cynthia’s family moved to Florida for therapy it did wonders to help their daughter’s autism, but it also put them into financial distress.
A costly divorce put Rebecca $10,000 in debt, but it was the loss of a second income and budget problems that led her into a payday loan trap. With $8,000 in payday loans to eliminate she called Consolidated Credit for help.
When Socorro lost her job, relying on credit card debt became a slippery slope that landed her in civil court with a few collectors. Luckily, Socorro found relief with a debt management program to avoid wage garnishment and liens.
Susie’s thoughts were consumed by her debt problems. That distraction almost led to a fatal accident, and still Susie’s only concern was how they would afford the bills. See how we helped get her peace of mind back.
After 20 years of financial freedom Janis found herself facing financial distress caused by credit card debt for a second time. She took a path that she knew would work to help her regain financial stability. She called us.
Chronic back pain eventually forced Ilma to leave the workforce, leading to $10,000 in credit card debt. With the help of Consolidated, she’s regained stability and wants to share her story to inspire others to take action, too.
Helping friends and family made Margaret feel good, but it also made her credit card balances increase to the point she couldn’t pay off the debt using traditional means. Here’s how we helped Margaret regain stability.
When Althea decided to renovate her home, most of the purchases for it went on plastic. Creating the perfect space to get away from the world also created a perfect storm of high-interest credit card debt.
Putting in overtime as a Florida law enforcement officer helped Tanya stay afloat, but cut overtime hours helped her realize just how far in the hole she was with credit card debt. Her credit counselor helped her make a plan to regain control.
When a workplace accident put Danny in a wheelchair, he had to give up his career as an auto mechanic and couldn’t afford to pay off his credit card debt on just his disability benefits, but we helped him fix his debt problems.
Giving your grandchildren the world is a wonderful sentiment, but it can also be a recipe for financial disaster on a fixed income during retirement. When overspending on gifts for her grandkids led to $13,000 in credit card debt, Sandra called us.
When Liz and her husband were both laid off from their positions at a nonprofit at the start of the recession, they struggled to stay ahead of their bills. Learn how a debt management program helped them achieve freedom in just 4½ years.
As a law enforcement officer Brenda was accustomed to enforcing a strict budget in her own life, but when her grandmother fell ill Brenda had to step up to cover two household budgets and things got tough until she found Consolidated Credit.
When faced with a series of layoffs and emergency expenses to pay with no savings in the bank, Leslie and her family turned to credit. But when $76,000 of debt was too much to eliminate on their own, Consolidated Credit helped them regain control.
Wanda did the right thing, met with a financial advisor and had a plan to pay off her debt before she retired. But when illness forced her into early retirement and the medical bills piled up, Consolidated Credit was here to help her regain control.
When Rose helped her adult son get established in a new apartment, it ended up causing problems for her bottom line. Rose’s story isn’t unique either – parents often end up in debt trying to help their kids. Here’s how we helped Rose regain control.
When Troy got divorced, he chose to take all of the marital debt because it was the right choice for his family and, in theory, his credit score. But when the debt proved too much for him to pay off alone, Consolidated Credit was here to help.
You might think growing up in a frugal household would lead to good credit habits, but for Esther it had the opposite effect. A childhood of hand-me-downs led to a $32,000 credit card debt problem as an adult.
After Carlos returned from his last Iraq deployment in 2012, he hit a slippery slope with debt as lenders rewarded his steady income with a series of loans and credit cards. Consolidated Credit helped Carlos change his habits to take control.
As a psychology department manager at University of Miami, Matilde knew living in denial and hiding credit card debt from her husband wasn’t good. With our help through UM’s Employee Assistance Program she can focus on retirement.
David didn’t mind going back to work after he retired, but when his wife fell ill and they were reduced to one income, he found himself paying off $47,000 in credit card debt on a limited retirement income at 71.
Often women living with abuse feel trapped because they don’t have the money or financial means to get out . Read Judith’s inspiring story of how she escaped domestic violence and the debt incurred as a result, to build a new life.
Between divorce, home repairs, and a few medical bill co-pays, Yvette found herself drowning in over $40,000 in credit card debt. After she consolidated, she’s able to enjoy an extra $1,400 in her budget.
Retired Air Force electrician Anthony M. never had any problems with his finances or credit until a nasty divorce left him without assets and with too many bills. See how we helped him take control and rebuild his credit so he could move forward.
When Renee got her first credit card at 19, she wasn’t using it to splurge – she only charged what she needed to get by until she got out of school. Four years later, she was left with high-interest debt and a hard financial lesson to learn.
When a husband and wife are both teachers, money can get tight. While Janet's family managed to get by on a shoestring budget, unexpected home repairs left them with a mountain of credit card debt. We helped Janet get back to stability.
When Bilkisu returned to Nigeria to help her family through a crisis, it caused a crisis back in Pennsylvania for her own finances. Her helping hand led to problems and she had a hard time getting back on the right path until we helped her achieve stability.
If you’re like Linda, the thought of giving up your credit cards might be terrifying. But after helps to balance your budget to get you on the right financial path with lower debt payments, you may find it’s easier than you think to live without credit.
When asked to name the one thing that caused her debt problems, Donna blames spending too much money on "stupid stuff." And, really, don’t we all have that problem? See how we helped Donna learn smarter spending habits to avoid debt.
When Laruen studied abroad in London, the last thing on her mind was her finances. But living in the moment left her facing some tough realities with debt when she got home. See how we helped Lauren to stop living paycheck to paycheck.
Payday loans are advertised to offer a quick fix when you face financial challenges, but they often cause more problems than they solve. When Robert faced interest rates up to 1000% APR on $4,000, he knew he was in trouble and needed help.
After going through bankruptcy in 2004, Mark couldn’t believe he was back to face even more problems with debt, but he was. Instead of declaring bankruptcy and ruining his credit again, Mark opted for credit counseling to get a fresh start.
When your income depends on others because you work in a service industry, things can get tough when the tips simply aren’t coming in as quickly as you need. See how we helped Carol take control of her budget to get ahead.
As Amber traveled Europe during school while living in England on an exchange program, her credit here in the U.S. started to suffer. Between student loan payments and credit card debts from her travels, she faced with serious debt problems.
At the start of 2014, we caught Marcus walking into our office to make his last program payment. He talks to us about what it feels like to go from a complete financial meltdown following the 2008 recession.
Keeping up with the Joneses isn’t new, but today’s culture glamorizes a lifestyle of living large that drives people to spend. From luxury cars to treating friends to expensive meals, Kamal spent on credit like there was no tomorrow.
Retail therapy and shopping binges were a daily occurrence, but after amassing $18,000 credit card debt Diane’s marriage was in crisis. With a husband threatening divorce and her family hanging in the balance, Diane knew it was time for a change.
An addiction to the finer things is problem Michael can understand. Buying gems to have his jeweler make unique one-of-a-kind pieces left Michael with debt problems that are all to common. See how we helped him rein in luxury spending.
Health problems can lead to debt problems, which causes more stress that lead to even more health problems. It’s a vicious cycle and one that Barbara understands personally. When debt affects your physical health, you have to take action.
Debt problems don’t just affect your physical health; your mental health is under constant stress and pressure. As a mental health counselor, Paula understands the tolls this can take and can empathize after her own problems with debt.