LSS Financial Counseling Service

"Helping you regain control of your finances"

 

Have you ever said to yourself, "If only I made a little more?" Does managing all your debts make you feel like you're navigating a maze and getting nowhere fast?

Thanks to a special partnership, RBCU members have access to up to six (6) FREE, confidential sessions annually with a certified consumer credit counselor at LSS Financial Counseling Services. Most sessions take place in-person, with the remainder done over the phone or via the internet. The details of these sessions are confidential and are not shared with anyone at RBCU.

Call LSS Financial Counseling at the dedicated RBCU number of 800-528-2926 to set up an appointment. Or, visit the LSS website to take advantage of their online counseling services today. You've got everything to gain.

Budget Counseling

Living paycheck to paycheck? Ever wonder where all your money goes? Budget counseling is available to anyone concerned about their financial situation or having difficulty with debt. Financial counselors can help reduce money worries by helping you create a workable monthly budget and an action plan. LSS can also help you understand what's in your credit report with their Credit Report Review service.

Debt Management Plan

Worried about your credit card debt? Creditors demanding more than you can pay each month? A Debt Management Plan (DMP) may be the answer if your income allows you to meet your day-to-day living expenses, and leaves enough for reasonable payments to creditors. Many creditors will reduce interest rates and stop late fees on a DMP. Fees apply to this service, call for more information.

Housing Counseling

Looking into home ownership? Having trouble maintaining housing expenses? Combining housing education with budget counseling, LSS counselors can assist families with housing issues, including pre-purchase, delinquency or foreclosure prevention.

 

Bankruptcy Counseling and Education

LSS Financial Counseling Service is approved by the Executive Office of the United States Trustee to provide Pre-Filing Bankruptcy Counseling and Pre-Discharge Bankruptcy Education for those who reside in Minnesota or Wisconsin. Members are eligible for free financial counseling, but for court-required bankruptcy counseling and education, there is a fee.

Financial Wellness

Interested in preventing financial problems? Want to know the keys to building good credit? Whether you are looking to save more for retirement, want to establish financial goals, or would like recommendations on how to plan for life events which can impact your financial situation, LSS financial counselors can help you create an individualized plan to turn your financial dreams into reality.

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Some of the specific financial problems that might be explored during the above sessions include: 

Personal and family money management and budgeting

Understanding credit reports and improving credit scores

Debt repayment options including debt management plans (DMP)

Consumer protection and preventing and resolving identity theft

Mortgage default, foreclosure prevention, and predatory lending

Home buying readiness, mortgage financing, and reverse mortgages

Bankruptcy consequences and alternatives

Student loan issues including borrowing, repayment, default, and repossession

Vehicle loans including borrowing, repayment, default, and repossession

Gambling, alcohol, and drug abuse addictive behaviors as related to financial problems

Mental health, disability, family and marital stresses as related to financial problems