MEO center is offering credit counseling services
Maui Economic Opportunity’s Business Development Center is now offering credit counseling services to residents with credit debt or student loans.
The center recently certified staff members on Maui and Molokai as national consumer counseling professionals and expanded services by offering credit counseling services at no charge to the public.
The center’s credit counseling professionals can perform an in-depth analysis on an individual’s or family’s financial situation to help find ways to save and get out of debt. Services include debt consolidation, which can reduce interest rates by more than 60 percent and monthly payments on credit cards by 25 percent.
MEO’s Business Development Center also has two certified student loan counselors who can review financial profiles, including federal student loans, and work to find affordable solutions.
“Credit counselors cannot wave a magic wand and make debt disappear,” said MEO Business Development Center Director David Daly. “They can help reduce interest rates and develop a debt management and repayment plan that is doable and avoids bankruptcy. We also can help prevent future credit and debt problems through our counseling process.”
For more information about the credit counseling program, contact the MEO Business Development Center at (808) 243-4318.