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Pursuing Homeownership, Woman Improves Credit Report

Annette is a customer who came to me for information because she wanted to purchase a home for herself and her sister, who she had been responsible for since their mother had died when she was very young. Annette had a very positive attitude, and was ready to put in the work necessary to become a homeowner. She [...]

May 27th, 2016|

Senior Works With Coach to Apply for Assistance Programs

I first met with Lucille in July 2015. She was referred by the local Salvation Army in an attempt to assist with monthly budgeting, debt reduction and increasing income. Lucille is in her 70s, widowed and living alone. Her only source of monthly income is a small pension and social security benefits. During our initial coaching session Lucille [...]

May 27th, 2016|

Step by Step, Customer Becomes Mortgage Ready

In early March, Diana Acevedo, our $BM 50+ Financial Coach, had referred her customer Velma to me for some housing-related information. I reached out to Velma and met with her to discuss her goal of homeownership. After having worked closely with Diana, she had been able to improve her credit score to over 700 and had built quite [...]

May 27th, 2016|

Coach Slashes $47,000 Debt With a Single Call

Carol had been trying to get a small loan and was constantly being rejected due to her debt-toincome ratio. In addition, when I pulled her credit, she discovered she owed $94,314 in student loan debt and learned that her loan was in default, which made her ineligible for an incomebased repayment plan and loan forgiveness. Carol claimed this [...]

May 27th, 2016|

Young Adult Finds Guidance to Travel Down a Promising Path

I have this one customer who started out as a friend. Due to his relationship with his family, he thought he wouldn’t be able to get financial aid and go to college. A minor YouTube celebrity, he was recruited by Delaware Tech to teach sign language and be an interpreter, and since he is of traditional college age, [...]

May 27th, 2016|

A Little Guidance Helps First-Gen Student Attend College Tuition Free

The College Funding Project brings financial aid programming to all of Delaware’s pubic high schools, providing presentations, workshops and one-on-one assistance to seniors and their families. Many students are first-generation, low-income or both, and have never thought they could afford to go to college. One scenario that has played out time and time again all over our state [...]

May 27th, 2016|

Young Woman Finds Better Job, Successfully Saves to Purchase Car

When I first met Yvette, she was an underemployed 28-year-old who was only making $120 per month. She was living with her grandparents, and came to Goodwill for help increasingher income. She also needed help with housing, financial management, and completing her education. At the time, she was working on her Criminal Justice certificate at Wilmington University, but [...]

May 27th, 2016|

New Financial Management Skills Lead to Woman Buying a Home

When I first met with Desira’, her credit score was so low that she was unable to get a credit card. She had no savings account, no budget, and needed lots of help with financial management. In addition to needing help with her finances, Desira’ wanted to find new housing, since she was living in a 1.5-bedroom trailer [...]

May 27th, 2016|

$BM 50+ Helps Keep Man From Losing His Home

  Tom came to me because he was four months behind on his mortgage payments and was worried about losing his home. He couldn’t seem to catch up since he had become disabled and had lost 45 percent of his income. We worked together to create a budget that would help him reduce his expenses [...]

May 24th, 2016|

USEFUL INFORMATION ABOUT COLLEGE FUNDING

Your child’s future is important to us and to the state of Delaware. Governor Markell has set a goal to make college more accessible for all Delaware high school seniors, and we support that mission by helping you and your child navigate the financial road to college. As you know, we provide information and resources to [...]

February 19th, 2015|