How Navicore Solutions Can Help Affinity Federal Credit Union Members Manage Debt

August 27, 2024

At Affinity Federal Credit Union, we understand that managing debt can be a daunting task. That’s why we’ve partnered with Navicore Solutions ¹, a nonprofit organization specializing in debt relief, to offer our members comprehensive support in credit, debt management, student loans, housing, and bankruptcy counseling. Navicore Solutions is dedicated to helping you achieve financial stability and eliminate debt through personalized counseling and advocacy. This Affinity partnership is another example of our commitment to helping members achieve financial wellness.

Navicore’s Debt Management Services

Navicore Solutions provides Affinity members with access to certified Credit Counselors, specially trained to work with creditors and to help you eliminate debt. During a counseling session, a Credit Counselor will assess your financial situation. They may recommend a Debt Management Plan (DMP) if it’s right for you. Here’s what Navicore Solutions can offer through their DMP:

• Lower monthly payments: Navicore works with creditors to negotiate lower monthly payments, making it easier for you to manage your finances.
• Reduced or waived interest rates: High interest rates can make debt feel insurmountable. Navicore can help reduce or waive these rates, saving money over time.
• Stop collection calls: Constant calls from creditors can be stressful. Navicore can intervene to stop these calls, giving you peace of mind.
• Waived fees: Late fees and over-limit fees can add up quickly. Navicore works to have these fees waived, reducing your overall debt.
• Debt consolidation: By consolidating debt into one affordable repayment plan, Navicore simplifies the repayment process, making it more manageable.

Navicore’s Debt Management Program has a one-time enrollment fee and an ongoing monthly fee, which varies based on each member’s state of residence and ability to pay. In most cases, this monthly fee will be less than the amount of money that DMP helps you save by waiving fees and reducing credit card interest charges.

Personalized Support Every Step of the Way

As part of its Debt Management Plan, Navicore provides ongoing budget and credit counseling throughout enrollment. Counselors are available seven days a week to assist with any financial challenges that arise and ensure that you stay on track to becoming debt-free. Customer service representatives are always ready to answer questions and help manage accounts and payments.

Like Affinity, Navicore offers free financial education resources ² to consumers across the country. The Resources section of their website provides valuable advice on a range of personal finance topics, helping members make informed decisions about their financial future.

Taking control of your debt is crucial as you strive for financial stability. Navicore Solutions is here to support Affinity members throughout the debt management journey. Take the first step towards tackling personal debt by visiting Affinity’s Navicore Solutions ³ page or calling 1-877-815-4699 to speak with a certified Credit Counselor. Sessions are free and confidential.