Before partnering with us, many of our customers were battling interest rates of between 25% and 50%, Lockley said. This can mean its difficult to make progress or get through unexpected financial shocks. Our financial reset loans help break that cycle and set them on a sustainable path out of debt and on with their lives.
As people gain control over their debts, its not just their own lives that change for the better. As ImpactLabs findings show, the ripple effects are seen in improved mental health, and less dependence on emergency benefits, supporting healthier, safer, more resilient communities.
Money Sweetspot has made quick progress since its official launch four months ago and has since then provided nearly $5 million in debt con…
Read the full article at: https://www.mpamag.com/nz/news/general/bnz-doubles-support-to-a-debt-busting-social-enterprise/450727