Paying off the card with the highest interest rate first
Continue paying the minimum monthly payment on all of your cards, but
allot additional money to be paid to the card with the highest interest
rate each month. This strategy technically saves you more money than
paying off the card with the lowest balance first, but will typically
take longer to start “feeling” like you’re getting results.
While CredAbility already provides counseling to consumers in all 50 states, this acquisition enables CredAbility to expand its face-to-face counseling offices to a fifth state in the southeast. CredAbility already has 28 offices in Georgia, Florida, Tennessee and Mississippi.
“This is exciting news for both organizations.” said Suzanne Boas,
president of CredAbility. “We provide many of the same services and
share the same values. Combining the Compass/CCCS program with CredAbility will enable us to serve additional clients in the southeast.”
“We are pleased that our CCCS program will join a national nonprofit
credit counseling agency that can provide our clients with additional
services,” said Thomas Bannister, president of Compass of Carolina. “The
addition ofCredAbility’s housing counseling services, its 24/7 convenience and its bilingual staff will benefit many residents of upstate South Carolina.”
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