Welcome back to our social media roundup! Summer is well under way, but before we kick off this season, we've got a fantastic collection of posts from this spring that are sure to inspire, inform, and engage. From baking on a budget to answers from our CEO, here's a quick summary of what you might have missed.
Baking as a Budget with Denea from Bitsycakes
First up, we had an amazing collaboration with Denea from Bitsycakes, who shared her expert tips on creating a budget just like you’d bake a cake. Denea's approach to baking up a budget that works for you is all about taking things step by step.
The takeaways:
Ingredients for your budget means gathering all your statements and bills
Layer it all together with your discretionary spending
Trial and error is key: just like perfecting your favorite recipe, fine-tuning your budget takes time
Your budget should be yours (it’s personal!)
2023 Impact Report
We unveiled our 2023 Impact Report, highlighting our customers and the positive financial steps they have taken over the past year. This comprehensive report covers everything from our to our Relief Plan initiatives. We're proud of the progress we've made and grateful that our community is joining our mission to end the debt cycle. Read the full report here.
The highlights:
Our customers saved millions by choosing Possible—120M^ to be exactWords from real Possible customers A letter from our CEO& more!
Credit Corner: Our CCO, Ellen, Shows Us How to Spot Shady Terms in a Loan Agreement
In our recent installment of Credit Corner, our Chief Credit Officer, Ellen, took the time to educate us on how to identify and avoid shady terms in loan agreements. You can avoid hidden fees from shady lenders by catching them in your loan agreement. Ellen’s expert advice is a must if you’re looking to borrow responsibly.
Top Tips from Ellen:
Always read the fine print and ask questions if something isn’t clear
Be wary of hidden fees and penalties
Get your questions answered before signing up for a loan
BTW: you won’t find any hidden fees at Possible
CEO Hot Seat: Our CEO, Tony, Answers YOUR Questions and Criticisms in Front of Everyone
Last but certainly not least, our CEO, Tony, bravely took to the stage in a CEO Hot Seat, addressing questions and criticisms directly from our community. Tony answered some of your social media comments—both positive and negative!—shared insights, and provided transparency about our company’s direction and decisions.
Memorable Moments:
What “fr fr” means
Tony’s candid responses to tough questions about our policies
Insights into why we do things the way we do when it comes to signing up for a Possible Loan
A heartfelt thank you to our loyal community for your feedback—to both our critics and our biggest fans
🟦 That’s a wrap for this season’s social media roundup! We hope you enjoyed these highlights and found them as valuable as we did. Stay tuned for more exciting content and updates coming your way this summer. Don't forget to follow us @possiblefinance to stay up-to-date with all our latest content.
^Possible uses fee and payday loan usage information from the state regulatory agencies to arrive at the Fees Saved Calculation. Savings based on the maximum fees Possible could have charged customers over the typical payday loan term, including late fees and insufficient funds fees. Results will vary.
