GreenPath is a non-profit credit counseling agency that offers free access to money management and financial education services. Since 1961, their counselors have been helping people achieve their financial goals, through comprehensive financial counseling and exceptional service. Tennessee Members 1st FCU partners with GreenPath to provide members access to free money management and financial education services.
Free Financial Counseling
During an appointment, a GreenPath counselor will thoroughly review the current financial situation and develop a comprehensive budget and action plan. The counselors will also teach money management skills, including ideas to increase income and ways to reduce expenses.
Debt Management Plan
For members who are having difficulty paying bills or staying current on credit card payments may sign up for this service. A GreenPath counselor will help to prioritize payments, negotiate payment amounts, and set up payment schedules with creditors. There is a fee for a Debt Management Plan (DMP) and the counselor will thoroughly explain all options and applicable fees.
GreenPath is approved by the U.S. Department of Housing and Urban Development (HUD) to provide housing counseling services. GreenPath counselors educate first time home buyers, provide reverse mortgage and home equity loan counseling, and counsel consumers on foreclosure prevention.
Credit Report Review
A credit report review helps individuals evaluate their credit report, learn how to dispute inaccurate information, and understand all aspects of credit scoring.
Student Loan Debt Counseling
GreenPath can help individuals make smart borrowing decisions and plan ahead to prepare a repayment strategy. Those who are having trouble paying their student loans can review their situation and evaluate their options with a counselor.
GreenPath University, available at www.greenpath.com, is a comprehensive and interactive educational resource. Consumers have access to e-courses, videos, games, worksheets, and both live and recorded webinars. Consumers can learn about personal finance topics including budgeting, debt management, credit scores, and home-buying, among many other things.
Call toll free 877-337-3399 to get started today. Hours of operation are (EST): Monday – Thursday 8AM – 10PM, Friday 8AM – 7PM, and Saturday 9AM – 6PM.