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A Pandemic of Debt: Abraham F.

Before the pandemic, Abraham was doing just fine, thank you. In fact, it was quite common for family members to borrow money from him.

“Whenever friends or family would ask for the occasional small loan, it wouldn’t be a second guess,” Abraham says. “I was like, ‘Yeah, sure, here’s $200 here, $300 there.”

Then the pandemic hit – and it hit Abraham hard.

First, he lost his job.

“I was selling tickets in New York City city for the double-decker tour busses,” he says. “When COVID hit, that completely gutted the entire industry.”

Then…

“During the pandemic, I also became a father.”

Add to that, he had lent $2,000 to his sister that she could no longer pay back, and Abraham was struggling.

“I blinked and all of a sudden, I’m thrashing financially and my credit takes a nose dive,” he recalls. “I’m in no way ashamed to admit I was spiraling. After trying to work with bank and realizing I needed help, they referred me to Consolidated Credit.”

Abraham says, “Consolidated Credit was a breath of fresh air. You know, the fact that you guys got my monthly interest rate down from over $200 to $20! That’s very relieving. For the first time in years, I see a path forward, a light at the end of the tunnel. Thank you, Consolidated Credit, for fighting for a struggling father and giving me a fighting chance!”

Abraham is still in the program, but he says, “Now I have an answer, I don’t really care too much about how long it takes. Just as long as I can get that balance down.”

His daughter is now 3 years old, and she’ll grow up never knowing about her father’s close call – unless he tells her.

“She’s a beautiful, healthy baby girl. She’s doing great – and so am I.”

Overwhelmed by high credit card balances? Abraham was too—until he reached out to us. The call and consultation are free. Call us today!

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