5 Stories That Matter
August 15, 2022
Here are stories you need to know this week.
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This benefit is only available to members of AFGE. If you are a member of AFGE, please login to the Members Only section. If you are not a member, but would like to find out how to become one, please visit the Join AFGE section.
According to the Federal Reserve and CFSI, over 180 million Americans are struggling with some or all aspects of their financial lives. Many of those consumers are living paycheck to paycheck and struggling with significant outstanding debt. 44% of Americans are revolving a balance on their credit card, of those the average balance is over $15,000.
Debt settlement is a solution for a member who is not able to pay off debt through credit counseling's debt management plan, but at the same time does not want to declare bankruptcy. While entering the debt settlement program will impact a member's credit score, the impact is less severe than if the member declared bankruptcy. The member's credit score will recover by the graduation from the program.
This program:
Benefits:
Toll-free Benefits Line:
(888) 844-2343
Programs are subject to change.
Here are stories you need to know this week.
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AFGE is urging the Biden administration to adopt the Federal Salary Council’s pro-labor recommendations that would increase pay for tens of thousands of federal employees who last year made 22.47% less than their private sector counterparts.
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AFGE applauds President Joe Biden and Congress for expanding health care benefits for veterans exposed to toxic burn pits and for providing funding and training for workers needed to process these new claims.
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