Understanding debt consolidation loans: A simple guide
Juggling multiple debts from different creditors can be overwhelming and hard to keep track of. If you find yourself in this situation, consider a debt consolidation loan. [...]
Can financial wellness benefits reduce rising debt among workers
The percentage of credit card balances in serious delinquency climbed to its highest level since 2012 according to the latest data from the Federal Reserve Bank of New York. [...]
Debt reduction strategies to close the gender gap in “burdensome debt”
More women report carrying unmanageable levels of debt than men. Women’s History Month is a great time to explore how employers can help, and why doing so is smart [...]
Is racist debt hurting your workers and organization?
Implementing a few high-impact financial wellness benefits can help. Racial disparities in debt are harming your workers and preventing your organization from reaching its full potential. [...]
Solving for employees stressed about holiday debt
Strengthening your credit and debt benefits can help boost their health and productivity, alongside your recruiting, retention, profits, and impact. Here are four things to consider. [...]
Financial wellness benefits for employees, 2023 in review
Employees’ top financial stressor went from saving for retirement to saving for emergencies and making it to the next paycheck, amidst rising credit card, auto, medical, and student loan [...]
What your workers should know about the return of student loan payments
43.5 million federal student loan borrowers will need to make payments next month for the first time in three years. Smart employers are providing workers with information and resource [...]
A strategy for employers to boost productivity, health, and retention this back-to-school season
Back-to-school season is a stressful time financially for many of our Personal Financial Coaching clients, as it is for millions of workers across the country. Back-to-school [...]
Record credit card debt is a drain on workers, employers
Sophisticated employers are rolling out financial wellness benefits to help employees manage debt and strengthen credit, with their employees’ wellness and the bottom line in mind. [...]
How to negotiate with a debt collector
Household debt recently hit a record high and roughly 64 million people have debt in collections which can hamper credit, financial, physical, and mental health for years. TrustPlus Personal [...]