Financial counseling options available for various needs

If you carry large balances on your credit cards, student loans or other unsecured debt, you probably know how it feels to worry about not being able to make your monthly payments on these bills. If there’s ever a situation when handling this debit starts to become unmanageable, what should you do?

One of the first steps you should take is to consult a financial expert who can objectively review your personal finances and determine the best way to get out of debt. Proactively seeking financial counseling is a much better alternative than defaulting on your loans and facing worsening credit, additional fees and possible collections or litigation if you don’t or can’t pay up.

There are various types of financial experts available to assist people with their specific financial situation. They include:

Credit counselors

Credit counselors help identify the cause of your debt and provides you goals to get out from under the bill. Throughout the process, you’ll also learn how to better manage your money by making the right financial decisions. Credit counselors examine all of your finances, including income, spending habits, assets and debt to come up with a realistic plan to help you reach your financial goals.

Certified Public Accountants

Certified Public Accountants (CPAs) are personal finance experts who have at least 250 hours of yearly experience in financial planning. They’ve also passed an examination and can handle more complex financial matters.

When selecting a financial expert, be sure to ask upfront whether such services are paid for by fees or by commission. Also, check with the Better Business Bureau to see if there any issues related to your potential financial expert.

Travis can help

Travis Financial Services offers in-house financial consultants that can help you with your investment needs. Call Stephen Lahl at (707) 469-1821 to schedule an appointment at the Travis branch nearest you.

The credit union also offers free financial counseling through our partnership with the BALANCE Financial Fitness Program.



We value your membership and your privacy is very important to us. Please click here to view our Privacy Policy. © 2016 Travis Credit Union. All Rights Reserved. The LPL Financial Registered Representatives associated with the site may only discuss and/or transact securities business with the residents of the following states: California. Travis Credit Union and Travis Financial Services are not registered broker dealers and are not affiliated with LPL Financial. Securities offered through LPL Financial, member FINRA / SIPC. Insurance products offered through LPL Financial or its licensed affiliates.

Not Insured by NCUA or any other Government Agency  |  May Lose Value  |  Not a Deposit of or Guaranteed by the Credit Union

This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. registered representatives. LPL Financial's U.S. registered representatives may only conduct business with residents of the states for which they are properly registered. Please not that not all of the investments and services mentioned are available in every state.