Debt Management
Get Out of Debt with Free Debt Counseling
Debt can feel like a huge weight holding you back, adding extra stress to your life. Whether it’s credit cards, student loans, medical bills, or payday loans, it’s easy to feel overwhelmed. You might want to start tackling your debt but don’t know where to begin. Or maybe you’re looking to reduce interest, fees, or penalties that are piling up. The Mount Vernon Financial Empowerment Center (FEC) is here to help! Our financial counselors will guide you through negotiating and consolidating your debts, helping you figure out which debts to tackle first, and creating a budget that works. They’ll even be there with you when it’s time to call creditors and negotiate.
Based on your individual situation, counselors can help you:
- Learn how to manage debt wisely
- Prioritize debt repayment
- Create a plan to pay down debt
- Review your credit report to identify current debt
- Send verification letters to confirm ownership of past debt
- Negotiate with creditors seeking payment for accounts in collection
- Negotiate with lenders to prevent foreclosure
- Develop a plan to pay student loans
- Create steps to plan for wage garnishments
Free Debt Reduction Services at Mount Vernon FEC
The Mount Vernon Financial Empowerment Center (FEC) offers free, one-on-one, confidential, and professional debt reduction counseling and coaching. Our financial counselors will work with you to manage your current expenses while creating a realistic plan to pay down those debts that weigh on you. Together, we’ll help you find a strategy that works for your unique situation so you can become debt-free and feel more confident in taking control of your finances.
Feeling Overwhelmed with Debt? Our Counselors Will Help You See the Light
At the Mount Vernon Financial Empowerment Center, all of our Financial Empowerment Counselors are trained to assist with debt negotiations, repayment strategies, and budgeting to help you stay on track. Whether it’s student loans, medical debt, personal loans, or home and car debt, we’ll work with you to create a customized strategy to regain control of your finances and relieve the stress that comes with debt. Let us help you find your path to financial freedom!
Let us help you take the next step toward financial success!
The Mount Vernon Financial Empowerment Center is a municipality that operates through a partnership between the City of Mount Vernon, Mercy University, Westchester County, and key community organizations. Together, we are committed to helping our community members achieve financial well-being, with the ultimate goal of improving their overall quality of life.