Wednesday, June 17, 2009

The Jubilee By: Art and Cheri

We talked about all the people we know that need financial helpand SO had many ideas. We finally decided to help a single mom that I work with on budgeting because she was in the most helpless spot. In November 2008 she found herself $300 behind at the daycare her daughter was attending because the father had lost his job 4 months prior and was not paying child support. The daycare said that she would not be able to bring her daughter any longer if she did not pay the bill the next day. WELL………. She went to a title loan place and became one of their victims! She received a little under $300 and satisfied the daycare, but the payments were $120 a month which she could not afford in the first place., so she quickly became delinquent and was beginning to sink. Long story short, by the time we stepped in her payoff was $780.00 (not to mention the $480 she had already made in monthly payments) and they would have repossesed her car soon. After MUCH discussion, we were able to get them to settle with a payoff of $600 so we just paid the whole bill to get her car title back. She just kept saying thank you and I cannot re-pay you! God definitely made an impact in the life of this family. Art and Cheri

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