The first step in the process of Sequestration is for the member to understand their financial situation before they can factor in the affects of Sequestration on their income. To that end, CommonWealth One offers a free, online debt analysis tool, Debt In Focus, for its members online at its website, www.cofcu.org. This tool provides a personalized financial assessment in plain language. The process is quick, completely anonymous and creates a monthly budget.
CommonWealth One can help. Members who are impacted by Sequestration are encouraged to contact the credit union to discuss a solution tailored to their needs. A hot line has been established to allow members easy access.
“We’re here to help our members through the challenges of facing a reduced income,” said Ashley Baldeon, Marketing Manager. “We thoroughly support ‘people helping people’.”
Headquartered in Alexandria, VA, CommonWealth One serves 36,600+ members in Washington, DC, Northern Virginia and Harrisonburg, VA. CommonWealth One provides quality low-rate, low-fee loans to its members, including personal loans, auto loans, home equity loans and secured loans as well as a variety of mortgage options including fixed and adjustable rate terms.