Financial Apps and Consolidated Credit Solutions have announced a partnership designed to provide a complete financial snapshot for a homeowner or potential borrower to be successful financially and stay current on their mortgage. The thousands of borrowers that Consolidated Credit Solutions works with are now able to access a portal via www.ModificationHelp.com for a customized snapshot of their financial health. The data included in this snapshot is powered by Financial Apps and is used to provide the most up to date and relevant information for counseling services.
“Our goal is to engage the borrower, rather than deliver one-off counseling sessions, in order to make them truly successful over the life of their loan,” said Joseph Cvelbar, director of housing counseling at Consolidated Credit Solutions. “Our partnership with Financial Apps will enable us to work with a much more comprehensive financial picture of each borrower, increasing their financial health, and even being able to pre-qualify them for loans.”
The Financial Apps platform combines a user’s transaction-level financial data with other relevant data to provide consumers with financial education and tips, as well as and money management tools. This partnership will support Consolidated Credit Solutions in delivering personalized advice, such as how a purchase could affect a credit score, why using cash is better in certain situations, and how to lower phone bills to create more efficient spending budgets, etc.
“As one of only five agencies participating in the Post Modification Treasury Program, Consolidated Credit Services is often referred clients by financial institutions that may be looking for solutions and advice in the home buying and loan modification processes,” said Bob Sullivan, CEO of Financial Apps. “We are proud to provide Consolidated Credit Services with a universal viewpoint of each borrower’s financial health so that they can deliver the highest quality financial guidance.”