Mr. Charles*, a successful regional sales executive with two young children and a beautiful wife always knew how to manage money well by living within his means.
 
He always had credit cards and had been using them effectively for years. He was never in the habit of abusing or misusing his credit cards and always serviced his outstanding repayment promptly and in full. However, he never saved for a rainy day and that was what got him into a financial predicament in the first place.
 
Mr. Charles also supported his aging father besides his own family. When his father needed money to cover a life-saving operation cost, Mr. Charles stepped in and used his credit cards to fund his father’s procedure. However, when notices from the creditors arrived, Mr. Charles could not afford the repayments on the credit cards.
 
Huge arguments that broke out between Mr. Charles and his wife put tremendous strain on the family. The family was under incredible pressure, as they did not know how to deal with the creditors and was constantly worried if they would ever be able to put food on the table.
 
Mr. Charles found out about our credit counselling and debt management services and immediately contacted us for assistance. Working relentlessly with the various creditors involved, we managed to reduce Mr. Charles’s monthly debt repayment by 70%!
 
Mr. Charles got on our debt management programme and abided by his repayment schedule. As Mr. Charles was keen to fully settle all the outstanding on his credit cards, which was fairly substantial, we suggested that Mr. Charles sell his apartment and move his family with his ailing father.
 
Mr. Charles took the advice, fully settled all his credit cards outstanding and even managed to save the balance in a high yield savings account. He is relieved knowing that his finances are under control and his life is back on track.

**Note: For purposes of confidentiality, the real identity of the people involved in these success stories are not disclosed.