While most people go about their daily lives working paying bills and taking care of their families needs; credit is usually not on the average person mind. Why should it be; we are too busy dealing with all the many challenges of daily activities to give much thought about our credit right? Wrong the reality is that everyone who is 18 and older has to bring the conversation of credit from the back of their mind to the forefront; because credit plays an important role in every season of our lives.
When everything is going right in life people feel great and generally make healthy choices around managing their lives. Paying their bills on time, budgeting and managing the financial needs however strong or weak they may be; in the moment all is well. However a car accident, sickness, relationship breakdown, and death in the family ext… these life events can drastically affect a person’s ability to function and interrupt that person’s ability to make healthy choices around managing finances.
That three months income you put aside in case of emergency was used nine months ago; now it’s been a year since that car accident, relationship breakdown, loved one passed away and still unable to get back to whom you were before this life changing situation occurred. Depression is seating in and you just can’t seem to get back on your rhythm. Bill collectors are harassing you, car on the verge of being repossessed, mortgage fallen in arrears. Your credit has gone down the drain so to speak. The relationship between mental health and credit score is synchronized.
The creditors do not care about your story, they want the money; even though you paid insurance monthly to protect the principle debt in the event of such life altering situations. You are starting to feel like there is no way out of this down ward spiral. We at FORVAN Financial Firm Inc. understand where you are and are confident that our firm can guide you in the process of getting back on track.