Quantcast

Tornado victims who need help with their credit rating can get h - KOAM TV 7

Tornado victims who need help with their credit rating can get help from local Catholic Charities chapter

Updated:
Rebuilding or surviving after the Joplin tornado cost some more than money. It cost some their credit rating.

But Catholic Charities of Southern Missouri has a new program to help.

Linda Romine lost her car trying to help a friend in the Joplin tornado. She also lives on social security. The combination caused credit troubles.

Romine says, "I'm a retired registered nurse and I fell and hurt my lower back. I had two crushed lumbar and I was flat on my back for six months and you know, I'm divorced and I had no income whatsoever and things just went awry."

She's the first person going through the secured credit card program with Catholic Charities.

Dee Maples, director of Housing and Financial programs with Catholic Charities of Southern Missouri says, "The clients would save $250 dollars that one time. We would match that with $250 from our fund. Then they would get the $500 secured credit card at no risk to the bank because essentially the client is borrowing against their own money."

It works like other credit cards but case managers monitor how it's used each month. And recommend it's used on regular purchases.

Maples says, "For instance, gas and then they pay that credit bill off when it comes in the mail in full, on time. That, if they do that twelve consecutive months that will help raise their credit score and establish good credit."

Catholic Charities is using grant funds for the secured credit card program. They say many tornado victims got into deeper debt after the disaster.

Case Manager Brad Campbell, says, "So they were without a house. They found a place more expensive than they could afford. Or their vehicle was damaged so they got a newer vehicle more than they could really afford. Or they lost a lot of their home furnishings and went to these rent to own in the community and developed this huge amount of crushing debt."

Coordinators say a better credit rating could help get Linda lower mortgage or insurance rates. And even helps in landing jobs. But it also eliminates her worry.

Linda says, "I've always said since I can remember my biggest fear is not being able to take care of myself. So, if I get my credit built back up and I get my housing expenses reduced, I'll have more control over my finances. And it's just peace and I sleep better."

The program has funding for up to 39-more clients and needs to be utilized this year. Interested parties should go to the local Catholic Charities office at 4th and Kentucky in Joplin. To qualify for the secured credit card program, tornado victims must first apply for case management and financial counseling.

  • Local NewsMore>>

  • Joplin Tornado Survivor Invents Tornado Shield

    Joplin Tornado Survivor Invents Tornado Shield

    Monday, September 1 2014 6:18 PM EDT2014-09-01 22:18:25 GMT
    What do you do when a tornado strikes...and you have no where to go? That's what one Joplin man asked himself after the may 2011 tornado. So he developed a product that is mobile, versatile...and affordable. More >>
    What do you do when a tornado strikes...and you have no where to go? That's what one Joplin man asked himself after the may 2011 tornado. So he developed a product that is mobile, versatile...and affordable. More >>
  • Restaurant Shows Appreciate to Emergency Service With Free Lunch

    Restaurant Shows Appreciate to Emergency Service With Free Lunch

    Monday, September 1 2014 6:09 PM EDT2014-09-01 22:09:28 GMT
    Labor day may means a day off for students and many workers...but there are some who work year round. One restaurant is showing appreciating for those workers service and saying thanks this holiday.More >>
    Labor day may means a day off for students and many workers...but there are some who work year round. One restaurant is showing appreciating for those workers service and saying thanks this holiday.More >>
  • Bright Futures adds two more schools

    Bright Futures adds two more schools

    Monday, September 1 2014 5:56 PM EDT2014-09-01 21:56:46 GMT
    Bright Futures has two new affiliates for a total of 25. Bentonville, Arkansas and Poplar Bluff, Missouri will have the organizations that connect businesses, faith based groups and service partners to work with school districts to meet students needs including personal items like shoes to school supplies. Bentonville school district serves 15,000 students while Poplar Bluff serves 5,200 students.More >>
    Bright Futures has two new affiliates for a total of 25. Bentonville, Arkansas and Poplar Bluff, Missouri will have the organizations that connect businesses, faith based groups and service partners to work with school districts to meet students needs including personal items like shoes to school supplies. Bentonville school district serves 15,000 students while Poplar Bluff serves 5,200 students.More >>
  • Lisa OlligesLisa OlligesMore>>

  • Miami holds events to remember Fern Holland, international women's rights advocate killed in Iraq

    Miami holds events to remember Fern Holland, international women's rights advocate killed in Iraq

    Saturday, August 23 2014 10:48 PM EDT2014-08-24 02:48:29 GMT
    A week long remembrance for a local human rights advocate from Miami draws a crowd to remember the legacy she brought to the community. Fern Holland, a former Miami resident was known for her work overseas in protecting women's rights and preventing domestic violence in centers in Iraq. She was killed there in 2004. To honor her legacy, the community crisis center held Fern Holland remembrance week, featuring displays of Holland's personal work, photos and writings, along with presentati...More >>
    A week long remembrance for a local human rights advocate from Miami draws a crowd to remember the legacy she brought to the community. Fern Holland, a former Miami resident was known for her work overseas in protecting women's rights and preventing domestic violence in centers in Iraq. She was killed there in 2004. To honor her legacy, the community crisis center held Fern Holland remembrance week, featuring displays of Holland's personal work, photos and writings, along with presentati...More >>
  • Lawmakers push to keep MO Rehabilitation Center & VA Clinic open

    Lawmakers push to keep MO Rehabilitation Center & VA Clinic open

    Thursday, August 21 2014 7:23 PM EDT2014-08-21 23:23:43 GMT
    Southwest Missouri lawmakers have met with officials in an attempt to delay or prevent the closing of the Missouri rehabilitation center and VA clinic. Citizens are hoping for a solution. "We're gonna be praying for our community." Members of the Lifebridge Assembly church hold a prayer walk around the Missouri Rehabilitation Center and VA clinic. They're concerned about the impact of centers closing and the loss of three hundred plus jobs. Pastor John McHaffie says, "It effects people in ...More >>
    Southwest Missouri lawmakers have met with officials in an attempt to delay or prevent the closing of the Missouri rehabilitation center and VA clinic. Citizens are hoping for a solution. "We're gonna be praying for our community." Members of the Lifebridge Assembly church hold a prayer walk around the Missouri Rehabilitation Center and VA clinic. They're concerned about the impact of centers closing and the loss of three hundred plus jobs. Pastor John McHaffie says, "It effects people in ...More >>
  • Carl Junction school district partners with Freeman Health to give students access to medical clinic near school

    Carl Junction school district partners with Freeman Health to give students access to medical clinic near school

    Wednesday, August 20 2014 7:31 PM EDT2014-08-20 23:31:44 GMT
    Carl Junction has partnered with Freeman Health System to create the next best thing to a school-based clinic. Students will get priority access to the Carl Junction Family Medicine Clinic including transportation but all only if parents agree.Nurse Bridget Day at Carl Junction high school has regular visitors taking medications. But some come in needing more health care and now she can send them to the Carl Junction...More >>
    Carl Junction has partnered with Freeman Health System to create the next best thing to a school-based clinic. Students will get priority access to the Carl Junction Family Medicine Clinic including transportation but all only if parents agree.Nurse Bridget Day at Carl Junction high school has regular visitors taking medications. But some come in needing more health care and now she can send them to the Carl Junction...More >>
Powered by WorldNow

KOAM - Licensed to Pittsburg, Kansas
Send tips, ideas and press releases to: tips@koamtv.com
Send newsroom questions or comments to: comments@koamtv.com
Phone: (417) 624-0233 or (620) 231-0400
Web comments or questions: webmaster@koamtv.com
Newsroom Fax: (417) 624-3158

Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and KOAM. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.