Spotlight on Success – Carmen’s Story
Posted by Christy Karr on Dec 20, 2019
For Carmen, getting out of debt was something that she always wanted to do but never seemed to be able to take that big step towards getting it done. Then, after a few years into her retirement and living on a fixed income, she realized that her credit card debt balances had not moved and some of them were growing higher. This is when Carmen knew that she needed to make a change in order to get her financial situation under control.
She was unsure what the next step should be, as her fixed income left her very little extra when it came to her monthly budget. Carmen’s initial idea to eliminate her debt was to take out a loan to pay off all of her balances and consolidate her payment. She found out her credit score was too low to secure financing.
She then enlisted the help of her daughter Desiree to assist with researching the different debt relief options and to determine which would be right for her. “My daughter and I had sat down together and looked at prices per month, in terms of what I could afford since I’m on a fixed income,” Carmen said. When they came across Century, the first thing her daughter did was check Century’s Better Business Bureau rating and was pleased with the A+ rating. “I went with Century because of the price per month and the reviews,” said Carmen.
Once she made the decision to partner with Century, our team went to work, personalizing a program that was best suited to her needs. We evaluated how much unsecured debt she currently had and devised a strategy to get her out of debt as quickly as we could while staying within her budget.
In just a little under two years and by making payments that worked in her budget and were less than her previous minimum payments on the debt owed, Carmen was able to settle all outstanding credit card debt and is currently living debt free.
“I would recommend Century to anyone who needs debt relief,” said Carmen. “Century is my savior.” The structure of the program not only allowed her to get out of debt under the limits of her fixed income but it also helped her build better financial habits, and she is now saving the money that she was once putting toward paying off high interest credit card debts.
Congratulations on your program success, Carmen!
We thank you for trusting us to be a part of your journey toward better financial health and celebrate your diligence in staying with the program to make such great progress!
*We protect the privacy of our clients by changing their names and omitting any identifying details.