How to handle a late bill notice

Getting a late bill notice happens to almost everybody. It’s hard enough to make ends meet each month then you have unexpected car repairs, your furnace goes out, or you have sick kids with doctor and clinic bills. Sometimes you have a major life event happen such as a new baby, job loss, marriage, divorce or even death. Of course, the economy has been tough for the past several years and that may have also put a strain on your monthly budget. These changes do not have to spell financial disaster for you.

At SouthPoint, we are always concerned with our members financial well-being. To this end, we have been working to provide our members with tools to assess their finances. All of these options are free to you as a member. You can choose to use any or all of them.

Financial Fitness Checkup

A Financial Fitness Checkup can be arranged with just a phone call. Our Financial Service Representatives (FSR’s) can answer your questions and review your finances with you to see if they can make your life easier. Sometimes, something as simple as changing a loan due date, updating a payment schedule, or refinancing to get a better rate can give you more cash flow each month. Starting a savings account and making a small deposit regularly can give you peace of mind as you cover those unexpected bills. Our FSR’s are trained to creatively look at the best options for you.

Lutheran Social Services

SouthPoint has teamed with Lutheran Social Services (LSS) to offer you free and confidential financial counseling sessions. LSS has trained and certified financial counselors to determine the best approach to addressing your debt issues. They will work with your creditors on your behalf to find a viable solution to your particular financial challenge.

Financial trials will not go away. In fact, they have a tendency to escalate until you address them. We encourage you to be proactive in facing your financial difficulties. You can use our online tools to see where you stand financially. Then, you can call your creditors with confidence and honestly explain your situation. You will be able work together to come up with a solution before things get out of hand.

For more information on our debt management tools, you can access our website or call any of our branches at 877-794-6712. We will be glad to assist you in any way we can with the personal service you have come to expect from SouthPoint.