Solutions for Financial Hardship
Create a Plan
We understand that life is full of changes, both expected and unexpected. At Pacific NW Federal Credit Union, we're committed to helping our members achieve their financial goals- no matter what the circumstances may be.
Whether you're faced with a sudden job change or if you just need some additional financial guidance, we're here to help! Our experienced team of professionals can help evaluate your situation and create a solid plan to make sure your finances stay on track.
Free Debt Analysis and Financial Tips
An unexpected job change or sudden layoff can put a strain on the family finances. Professional assistance is available-- Talk to your local Member Service Representative about our free debt analysis. It’s a complimentary service just for members, and it can help eliminate unnecessary stress over finances. We'll assess loans you may have at other financial institutions and let you know if a lower-interest refinance or loan consolidation is available through us. Plus, it's a free service! For more information about our free debt analysis, stop by your local branch, or call 800.444.5858 to speak with a Member Service Representative today.
The FTC recently launched a new website called Money Matters, with valuable information for consumers who are battling financial distress. They include tips on looking for a new job, choosing the right credit card, avoiding scams, mortgage resources, and budgeting.
Consumer Credit Counseling
Expert Consumer Credit Counseling, Debt Management, and
Debt Consolidation
American Consumer Credit Counseling (ACCC) provides credit counseling,
debt management, debt consolidation and financial education services
in English and Spanish to consumers nationwide. Their certified and
professionally trained credit counseling team assists consumers by providing
workable solutions for their financial problems. They offer relief to
individuals and families that are suffering from stress related to credit
card debt by providing effective credit counseling, helping to consolidate
debt, and advising on debt management. Click here
to access their website.
Repayment options
If you foresee difficulty repaying a PNWFCU loan, please contact us to discuss your options. Our team of professionals will work with you to smoothly transition onto more solid financial ground. Don't let late payments negatively affect your credit rating. Call us at 800.444.5858 (opt. 3) or email us today to discuss your many available options.
Changing Jobs
A crossroads in your career could open a window to many investment opportunities. Whether you are leaving or changing jobs, there are many financial decisions to consider, for both your short- and long-term needs. It's important to note that leaving your job does not have to mean leaving your money.
The first thing to do is ensure that your life and health are insured. Then, you'll want to decide whether you should accept a lump sum or reinvest your former retirement plan. People who switch employers are often faced with a big decision: what to do with the money they have accumulated in their 401k-retirement plan? You can either start a new employer's plan, or you can move your eligible retirement fund left with a previous employer to your own individual Rollover IRA account and your money will continue to grow on a tax-deferred basis.
Whatever road you decide to take, PNWFCU can help guide you along and make sure you're aware of the options available to you during such transitions. James Hull, CFS* Financial Advisor at PNWFCU, will evaluate the financial decisions you are facing and help you make the most out of your money. Find out more about what James can help you with today.
