Home / Podcasts / Blog / Real Stories Ep 44: The Cost of Credit: Renita

Real Stories Ep 44: The Cost of Credit: Renita

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It began innocently enough. Renita visited a mall retailer where she was invited to apply for a credit card that provided a discount. She didn’t even think she would be approved for the card. When she was approved, she felt confident in her ability to successfully manage her new account.

Over time, debt started to snowball as she opened additional lines of credit. She became overwhelmed in juggling all her bills and felt the burden both physically and mentally.

She knew she needed help to manage her situation but didn’t know where to turn. Determined, she reached out to her trusted credit union for a referral. Take a listen to find out what happened next.

Key Moments

2:08 Renita shares her experience of money and growing up with her grandparents.

4:11 She applies for her first retail credit card, skeptical she would even be approved.

6:02 She describes how debt impacted her mental and physical health.

8:52 Renita discusses her experience talking to GreenPath for the first time.

12:31 She embraces a new approach to budgeting now that she has a structured plan to pay down her debt.

15:22 She reflects on her husband’s support as she navigated debt payoff.

16:18 She recalls the weightlessness and relief of completing her Debt Management Program.

17:48 Renita shares her goal of tackling student loans.

22:56 She explains what inspired her to share her story with others.

25:41 She talks about what communication with her husband was like throughout the debt management process.

28:06 Renita flips the script and poses a few questions to our host.

33:45 Our co-hosts reflect on the emergent themes of Renita’s story.


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GreenPath is a non-profit credit counseling organization. GreenPath’s goal is to offer guidance and support to individuals seeking to manage and overcome financial challenges through education, financial counseling and debt management programs. The information provided is for educational purposes only. Consulting with a licensed financial advisor and tax advisor is recommended before making any major financial decisions. GreenPath is not a debt settlement company, credit repair company, credit repair service, nor does GreenPath provide debt consolidation loans. By using this website, you acknowledge and agree that GreenPath is not responsible for any financial decisions you make based on the information provided on this site.

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