Certified credit counselors and HUD-certified housing counselors are standing by to help families recover quickly.
Harvey dropped over 18 trillion gallons of water on the Texas and Louisiana coast, forcing millions to flee their homes and take shelter. Hurricane Irma hit both coasts of Florida as a Category 5 storm and within 2 weeks Maria slammed into Puerto Rico as another Category 5 storm.
Flood and wind damage have devastated homes and belongings, leaving many to wonder how they’ll ever be able to recover. Between lost income, expensive repairs and delays in insurance payouts, financial stress following such catastrophic storms can be overwhelming.
It’s with that in mind that Consolidated Credit has set up a specialized toll-free hotline for people affected by these storms:
- Residents of Texas and Louisiana affected by Hurricane Harvey
- Floridians affected by Hurricane Irma
- Families affected by Hurricane Maria in Puerto Rico
Certified credit counselors and HUD-certified housing counselors are on standby now to offer help in both English and Spanish. They can answer questions and help people find the best way to recover without creating a subsequent crisis with debt. The line will remain open through the end of 2017, since the financial effects of these storms will continue to impact people over the months to come.
In addition, households living in the affected areas can take advantage of discounted rates on Consolidated Credit’s Debt Management Program, whether relief is needed from existing debt or debt incurred recovering from the storm. For those who qualify, the program can help reduce total monthly payments by up to 30-50%. This can be crucial for families trying to make ends meet despite financial challenges they face as they rebuild.
If you live in the affected areas listed above, call our toll-free hotline now at 1-866-395-7198.
Preparing for the next storm
Consolidated Credit also reminds anyone living on the East and Gulf Coasts that storm season is not over. It goes through November 30, so these may not be the last storms we see this year. If you live in a coastal region or even inland in a flood zone, it’s crucial that you take steps to prepare before a hurricane.
This booklet can help you take the right steps to ensure that your finances can weather any natural disaster:
Each year families across the region watch their money suddenly disappear as they prepare for hurricane season. Stockpiling water, ice, batteries, propane and canned goods can get expensive. Add to that, the money spent on plywood, shutters, filling up gas tanks, hotel costs if evacuating, lost wages because of missing work and soon all your savings is spent – but the monthly bills continue to pile up. This guide will help prepare you for a disaster.