More than 40,000 people reduced over $28 million in debt through VyStar Credit Union’s Debt Payoff Challenge, the credit union announced.
The three-month program was part of VyStar’s Financial Fitness initiative and was designed to help people reduce debt and financial stress.
VyStar said participants started with a Financial Fitness assessment and received financial guidance, educational resources and access to tools such as refinancing and debt consolidation.
The challenge was created after research from VyStar and TransUnion found many people in the Southeast were struggling financially.
According to the research, 40% of residents said finances were their top source of stress,…