Money Solutions (Part 2)

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Click here to read Part 1

Be aware of potential for fraud and scams.

Unfortunately there are criminals out there who prey on individuals suffering financial hardships. Here are some tips to help you avoid becoming a victim.

  • Mortgage relief – only work with your lender to set up mortgage relief.
  • Debt Relief Scams – many of these services charge high up-front fees, and chances are you can negotiate payment options with your creditors on your own.
  • Lottery Checks – if it looks too good to be true, it probably is.
  • Job Hunting Scams – Work from Home Scams that ask you to pay money up front
  • Advance Loan Fees – Don’t pay upfront fees to get a loan

What can EECU do for me?

We are committed to the financial well-being of each and every member. In addition to working with your creditors, you may need to look at your options for modifying an existing loan or securing a new loan at a lower rate to consolidate your debt. Here are a few of the ways we may be able to help:

  • Consider refinancing a Mortgage and/or Auto Loan to possibly lower your rate and your monthly payment.
  • Borrow with a Home Equity Loans / Lines of Credit or a Consolidation Loan and use the funds to consolidate your debt.
  • Consolidate high-interest credit cards into one low-interest rate credit card

Feel free to stop by any of our branch offices or call us at 817.882.0800 for additional information and ways we may be able to assist you.

Additional tips and resources

There are additional resources for direction and guidance on financial matters through our website at The information is free and visitors are not required to be a member of our credit union. The website includes a wide array of resources from one-on-one financial counseling to create a debt management plan to instruction on how to balance your checking account.

Click here for additional resources available at

  • Accel- Members Financial Counseling
  • Accel- BudgetSmart Budgeting Software
  • Accel-Video Library -So you can check out an exclusive collection of brief, informative videos that cover a wide variety of financial topics and life events
  • Accel- Information Library – Additional financial articles and audio files about consumer protection, credit issues and money management

Additional resources available to you:

  • Consumer Handbook to Credit Protection Laws
  • – Review your credit reports for accuracy and know your score
  • – Offers dozens of painless money saving tips
  • MSN Money – Smart Spending Blog details ways to save money and get good deals on a variety of items – Not Made of blog – A husband and wife provide ideas on personal finance
  • –,,id=204335,00.html Offers information on tax-related provisions of the American Recovery and Reinvestment Act
  • Legal Aid of Northwest Texas – Can help solve problems with public assistance denials, divorce and child support, evictions, foreclosures, domestic abuse, and fraud.

If you’re suffering a financial hardship, we want you to know you’re not alone. As your Credit Union, we’re here for you and ready to help.

3 thoughts on “Money Solutions (Part 2)

  1. I just went through a very nasty divorce. My ex-husband spent my whole trust fund and left me nothing. We have 1 child together. The bad thing is that our son has autism, tourette, and ADHD. I am also on permanent disability.

    I have been so depressed. I just don’t know what to do?

    • Hi Jill, we’re so sorry to hear about your situation. We would love to be able to help you get back on track to financial security. Come speak with one of our financial relationship officers and we can discuss the options EECU offers to help you get back on track. Or, our friends at United Way may be able to help out, as they are experienced with stressful financial situations. Visit for more information about their programs. We hope this helps, and that you’re able to begin your progress toward a healthy financial future!

    • Hi Jill,
      I’m sorry to hear about your situation and my heart goes out to you. Divorce is never easy and can be similar to grieving the loss of a loved one. In addition to the financial counseling I would also suggest making sure that you have a support system for moral support. When everything is on one person it can make one weary and your child needs you. You may want to search the internet or local charities that offer support groups for divorcees or parents of children with autism/tourette/ADHD. They even have groups/organizations online you can join. Keep your head up, stand strong, and don’t forget to take care of you. Peace and blessings.

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