Money in minutes
Credit Corner
How do you start a budget?
Budgeting sounds like a big task, but here’s our CCO Ellen’s advice. The first step is super simple: check where your money actually went last month. Rent, food, utilities. Write it down and you’ll start to see your spending picture.
From there, you can decide what to tweak and what to keep. Want some help? Ellen recommends apps like YNAB, to make it easy to track. Think of it as giving your money a map, so you know where it’s been, and where you want it to go next.
FYI: We’re not affiliated with YNAB. It’s just a tool our Chief Credit Officer likes.
...more
Transcription
More in this series

When’s the best time to pay your credit card bill?
Paying your credit card bill on time is key, but timing can impact credit bureau reporting. Our Chief Credit Officer, Ellen explains when it’s best to pay: before or by the due date.
1:23

1:23
When’s the best time to pay your credit card bill?
Paying your credit card bill on time is key, but timing can impact credit bureau reporting. Our Chief Credit Officer, Ellen explains when it’s best to pay: before or by the due date.

Counter Offers Explained: We’ll Get You The Most We Can
Ellen explains how Possible determines your loan amount—and how every offer is designed to get you the most we can while keeping your budget in mind.
1:59

1:59
Counter Offers Explained: We’ll Get You The Most We Can
Ellen explains how Possible determines your loan amount—and how every offer is designed to get you the most we can while keeping your budget in mind.

Why Possible Keeps Loan Amounts Manageable
Possible CCO, Ellen Falbo, explains why Possible doesn’t offer larger loan amounts—and how our goal is keeping borrowing safe, affordable, and stress-free.
1:27

1:27
Why Possible Keeps Loan Amounts Manageable
Possible CCO, Ellen Falbo, explains why Possible doesn’t offer larger loan amounts—and how our goal is keeping borrowing safe, affordable, and stress-free.

How Possible Decides Who Qualifies for a Loan
Our CCO, Ellen explains how Possible decides who gets approved for a loan—and how income, spending patterns, and real-time cash flow help make every decision fair and responsible.
1:48

1:48
How Possible Decides Who Qualifies for a Loan
Our CCO, Ellen explains how Possible decides who gets approved for a loan—and how income, spending patterns, and real-time cash flow help make every decision fair and responsible.

How to Fix Your Credit
There’s no quick fix for your credit, but time and consistent payments can help you build lasting stability.
1:14

1:14
How to Fix Your Credit
There’s no quick fix for your credit, but time and consistent payments can help you build lasting stability.

What You Can Actually Dispute on Your Credit Report
Kariˇ from Central Florida asks a common question: what can you really dispute on your credit report? Ellen breaks down what the credit bureaus must fix, what counts as incorrect information and why disputing valid info can work against you.
1:31

1:31
What You Can Actually Dispute on Your Credit Report
Kariˇ from Central Florida asks a common question: what can you really dispute on your credit report? Ellen breaks down what the credit bureaus must fix, what counts as incorrect information and why disputing valid info can work against you.

How to Rebuild Your Credit After a Score Drop
Ellen breaks down practical ways to rebuild credit after a setback. Here’s what helps improve your score over time when progress feels slow.
2:06

2:06
How to Rebuild Your Credit After a Score Drop
Ellen breaks down practical ways to rebuild credit after a setback. Here’s what helps improve your score over time when progress feels slow.

How to Spot Credit Repair Scams
Ellen explains why most credit repair services do more harm than good and how to recognize common red flags before they cost you money or damage your credit.
1:13

1:13
How to Spot Credit Repair Scams
Ellen explains why most credit repair services do more harm than good and how to recognize common red flags before they cost you money or damage your credit.

Can You Get a Loan or Credit Card With Bad Credit?
Ellen explains how people with lower credit scores can still qualify for credit cards or loans and which options are worth considering.
1:31

1:31
Can You Get a Loan or Credit Card With Bad Credit?
Ellen explains how people with lower credit scores can still qualify for credit cards or loans and which options are worth considering.

Overwhelmed by Debt? Here Are Your Options
Feeling stuck under debt doesn’t mean there’s only one way out. In this video, Possible’s Chief Credit Officer, Ellen Falbo, breaks down four common debt-relief strategies—when they make sense, who they’re for, and how to decide what works for your situation.
2:24

2:24
Overwhelmed by Debt? Here Are Your Options
Feeling stuck under debt doesn’t mean there’s only one way out. In this video, Possible’s Chief Credit Officer, Ellen Falbo, breaks down four common debt-relief strategies—when they make sense, who they’re for, and how to decide what works for your situation.

Debt Consolidation vs. Bankruptcy
Rebuilding credit often means weighing serious tradeoffs. In this Credit Corner episode, Possible Chief Credit Officer Ellen Falbo explains how debt consolidation compares to bankruptcy, including how each option affects credit, access to loans and short-term financial flexibility.
1:40

1:40
Debt Consolidation vs. Bankruptcy
Rebuilding credit often means weighing serious tradeoffs. In this Credit Corner episode, Possible Chief Credit Officer Ellen Falbo explains how debt consolidation compares to bankruptcy, including how each option affects credit, access to loans and short-term financial flexibility.

Are Debt Consolidation Loans Worth It?
Debt consolidation loans can simplify repayment and support credit growth, but only in the right circumstances. In this Credit Corner episode, Possible Chief Credit Officer Ellen Falbo explains when consolidation can help, when it can be costly and what to evaluate before taking one out.
2:37

2:37
Are Debt Consolidation Loans Worth It?
Debt consolidation loans can simplify repayment and support credit growth, but only in the right circumstances. In this Credit Corner episode, Possible Chief Credit Officer Ellen Falbo explains when consolidation can help, when it can be costly and what to evaluate before taking one out.

Can Sold Debt Still Be Collected?
Claims about debt becoming uncollectible after being sold are common online. In this Credit Corner episode, Possible Chief Credit Officer Ellen Falbo explains how debt sales work, what privacy policies allow and why third-party collections remain legally enforceable.
1:48

1:48
Can Sold Debt Still Be Collected?
Claims about debt becoming uncollectible after being sold are common online. In this Credit Corner episode, Possible Chief Credit Officer Ellen Falbo explains how debt sales work, what privacy policies allow and why third-party collections remain legally enforceable.

How to Use Credit Cards the Right Way
Credit cards aren’t the enemy—used wisely, they’re one of the safest tools in your wallet. Our Chief Credit Officer, Ellen Falbo, explains how.
1:30

1:30
How to Use Credit Cards the Right Way
Credit cards aren’t the enemy—used wisely, they’re one of the safest tools in your wallet. Our Chief Credit Officer, Ellen Falbo, explains how.

What to Know About Debt Relief Companies
Debt relief companies can be expensive. Ellen shares a smarter way to manage your debt.
1:05

1:05
What to Know About Debt Relief Companies
Debt relief companies can be expensive. Ellen shares a smarter way to manage your debt.

How to Save for Holiday Spending Without Going Into Debt
The smartest way to give during the holidays? Save ahead—before you borrow. Our Chief Credit Officer, Ellen Falbo, explains how to budget for holiday gifting.
1:14

1:14
How to Save for Holiday Spending Without Going Into Debt
The smartest way to give during the holidays? Save ahead—before you borrow. Our Chief Credit Officer, Ellen Falbo, explains how to budget for holiday gifting.

Smart Strategies for Paying Down Debt on a Budget
Paying down debt and saving on a fixed income is possible with the right plan in place. Chief Credit Officer Ellen Falbo explains how to do it.
2:36

2:36
Smart Strategies for Paying Down Debt on a Budget
Paying down debt and saving on a fixed income is possible with the right plan in place. Chief Credit Officer Ellen Falbo explains how to do it.

Simple Ways to Build Credit Without Taking on Debt
Even if you’re credit invisible, there are plenty of ways to start building your credit history. Chief Credit Officer Ellen Falbo explains how.
0:50

0:50
Simple Ways to Build Credit Without Taking on Debt
Even if you’re credit invisible, there are plenty of ways to start building your credit history. Chief Credit Officer Ellen Falbo explains how.

Why Reading the Fine Print Could Save You Big Money
The fine print can make all the difference—Chief Credit Officer Ellen Falbo shows why it’s worth a closer look.
0:44

0:44
Why Reading the Fine Print Could Save You Big Money
The fine print can make all the difference—Chief Credit Officer Ellen Falbo shows why it’s worth a closer look.

Why You Are Bigger Than Your Credit Score
A credit score is just one small part of your financial story, not a reflection of who you are. What matters is building the future you want, starting today.
1:05

1:05
Why You Are Bigger Than Your Credit Score
A credit score is just one small part of your financial story, not a reflection of who you are. What matters is building the future you want, starting today.

What to Know About Starting Your Credit Journey
Starting your credit journey is a big milestone, but it’s easier to get on track than you think.
1:05

1:05
What to Know About Starting Your Credit Journey
Starting your credit journey is a big milestone, but it’s easier to get on track than you think.

Three Smart Moves to Start Building Your Credit History
Building a strong credit history takes time—but a few smart moves now can set you up for future success.
0:54

0:54
Three Smart Moves to Start Building Your Credit History
Building a strong credit history takes time—but a few smart moves now can set you up for future success.

Why Not Everyone Has a Credit Score—and How to Get One
Not everyone starts with a credit score—but building one is easier than you might think.
0:34

0:34
Why Not Everyone Has a Credit Score—and How to Get One
Not everyone starts with a credit score—but building one is easier than you might think.

What to Do When You Can’t Afford Student Loans
Ignoring your student loans won’t make them disappear—Chief Credit Officer Ellen Falbo explains what to do instead.
0:33

0:33
What to Do When You Can’t Afford Student Loans
Ignoring your student loans won’t make them disappear—Chief Credit Officer Ellen Falbo explains what to do instead.

Credit Cards Aren’t a Substitute for a Savings Account
Your dungeon master might be great at campaigns—but not at giving savings advice. Chief Credit Officer Ellen Falbo breaks it down.
1:02

1:02
Credit Cards Aren’t a Substitute for a Savings Account
Your dungeon master might be great at campaigns—but not at giving savings advice. Chief Credit Officer Ellen Falbo breaks it down.

Paying Interest to Build Credit History? Here’s a Better Way
Letting your credit card rack up interest won’t boost your credit—it just drains your wallet. Chief Credit Officer Ellen Falbo explains.
0:45

0:45
Paying Interest to Build Credit History? Here’s a Better Way
Letting your credit card rack up interest won’t boost your credit—it just drains your wallet. Chief Credit Officer Ellen Falbo explains.

Does Carrying a Credit Card Balance Help?
Carrying a balance won’t help your credit—it’ll just cost you money. Chief Credit Officer Ellen Falbo explains why.
0:27

0:27
Does Carrying a Credit Card Balance Help?
Carrying a balance won’t help your credit—it’ll just cost you money. Chief Credit Officer Ellen Falbo explains why.

Can You Borrow a Down Payment? Reasons Why That’s a No
No, you can’t use loans for a down payment on a house. Chief Credit Officer Ellen Falbo tells you why.
0:48

0:48
Can You Borrow a Down Payment? Reasons Why That’s a No
No, you can’t use loans for a down payment on a house. Chief Credit Officer Ellen Falbo tells you why.

Should You Skip Your 401(k) Contributions?
Skipping your 401(k) means leaving free money on the table—here’s why Possible’s Chief Credit Officer, Ellen Falbo, says don’t do it.
1:21

1:21
Should You Skip Your 401(k) Contributions?
Skipping your 401(k) means leaving free money on the table—here’s why Possible’s Chief Credit Officer, Ellen Falbo, says don’t do it.

You Are Not Your Credit Score
A low credit score doesn’t define you—and it doesn’t get to decide your future either. Chief Credit Officer, Ellen Falbo, breaks it down in this episode of the Credit Corner.
1:05

1:05
You Are Not Your Credit Score
A low credit score doesn’t define you—and it doesn’t get to decide your future either. Chief Credit Officer, Ellen Falbo, breaks it down in this episode of the Credit Corner.

4 Easy Ways to Check In on Your Money Right Now
Quick financial check-ins today can set you up for a stronger tomorrow. Here are four things you can do to stay on top of your money.
1:29

1:29
4 Easy Ways to Check In on Your Money Right Now
Quick financial check-ins today can set you up for a stronger tomorrow. Here are four things you can do to stay on top of your money.
All products are subject to eligibility and approval by Possible Financial Inc. dba “Possible Finance” and “Possible” or its banking partner Coastal Community Bank. Eligibility for a product is not guaranteed.
For Loans, Possible Finance has direct lending licenses in AK, CA, HI, ID, NV, UT and WA. Idaho Residents: License #RRL-10073; Louisiana Residents: License #1697898; Nevada License #CDTH11200; Ohio Residents: License #ST.760161.000; Washington License #530-CC/SL-111888. California Residents: Possible Finance is licensed by the Department of Financial Protection and Innovation, pursuant to the California Deferred Deposit Transaction Law, License #10DBO-105848.
Loans in AL, AR, AZ, DE, FL, IA, IN, KS, KY, LA, MI, MO, MS, MT, NC, NE, NH, OH, OK, OR, RI, SC, TN, TX, VA, VT, and WY are made by Coastal Community Bank, and serviced by Possible Finance. Texas Residents: Possible Finance is a licensed Credit Access Business; License #1800061850-160823.
*Funding usually within minutes but may take up to 5 days.
^Loan amounts & structure vary by state.
°Possible uses fee and payday loan usage information from the Consumer Financial Protection Bureau, Center for Responsible Lending, Pew Charitable Trusts, and the Consumer Federation of America to arrive at our Fees Saved Calculation. Savings based on the maximum fees Possible could have charged customers over the typical payday loan term, including late fees, insufficient funds fees, etc. Results will vary.
¨See possiblefinance.com/samplepaymentschedules for rates & terms examples.
ˇReal customer compensated. Results may vary.
˘Possible Loans offer up to 29 days of payment flexibility from original due date.
All trademarks and brand names are property of their respective owners. Use of them does not imply any affiliation with or endorsement by them.
If you have questions or concerns, please contact the Support Team at support.possiblefinance.com
Mailing Address: Possible Finance, PO Box 98686, Las Vegas, NV 89193
Possible Financial Inc. © 2025 - NMLS #1697898
All products are subject to eligibility and approval by Possible Financial Inc. dba “Possible Finance” and “Possible” or its banking partner Coastal Community Bank. Eligibility for a product is not guaranteed.
For Loans, Possible Finance has direct lending licenses in AK, CA, HI, ID, NV, UT and WA. Idaho Residents: License #RRL-10073; Louisiana Residents: License #1697898; Nevada License #CDTH11200; Ohio Residents: License #ST.760161.000; Washington License #530-CC/SL-111888. California Residents: Possible Finance is licensed by the Department of Financial Protection and Innovation, pursuant to the California Deferred Deposit Transaction Law, License #10DBO-105848.
Loans in AL, AR, AZ, DE, FL, IA, IN, KS, KY, LA, MI, MO, MS, MT, NC, NE, NH, OH, OK, OR, RI, SC, TN, TX, VA, VT, and WY are made by Coastal Community Bank, and serviced by Possible Finance. Texas Residents: Possible Finance is a licensed Credit Access Business; License #1800061850-160823.
*Funding usually within minutes but may take up to 5 days.
^Loan amounts & structure vary by state.
°Possible uses fee and payday loan usage information from the Consumer Financial Protection Bureau, Center for Responsible Lending, Pew Charitable Trusts, and the Consumer Federation of America to arrive at our Fees Saved Calculation. Savings based on the maximum fees Possible could have charged customers over the typical payday loan term, including late fees, insufficient funds fees, etc. Results will vary.
¨See possiblefinance.com/samplepaymentschedules for rates & terms examples.
ˇReal customer compensated. Results may vary.
˘Possible Loans offer up to 29 days of payment flexibility from original due date.
All trademarks and brand names are property of their respective owners. Use of them does not imply any affiliation with or endorsement by them.
If you have questions or concerns, please contact the Support Team at support.possiblefinance.com
Mailing Address: Possible Finance, PO Box 98686, Las Vegas, NV 89193
Possible Financial Inc. © 2025 - NMLS #1697898
All products are subject to eligibility and approval by Possible Financial Inc. dba “Possible Finance” and “Possible” or its banking partner Coastal Community Bank. Eligibility for a product is not guaranteed.
For Loans, Possible Finance has direct lending licenses in AK, CA, HI, ID, NV, UT and WA. Idaho Residents: License #RRL-10073; Louisiana Residents: License #1697898; Nevada License #CDTH11200; Ohio Residents: License #ST.760161.000; Washington License #530-CC/SL-111888. California Residents: Possible Finance is licensed by the Department of Financial Protection and Innovation, pursuant to the California Deferred Deposit Transaction Law, License #10DBO-105848.
Loans in AL, AR, AZ, DE, FL, IA, IN, KS, KY, LA, MI, MO, MS, MT, NC, NE, NH, OH, OK, OR, RI, SC, TN, TX, VA, VT, and WY are made by Coastal Community Bank, and serviced by Possible Finance. Texas Residents: Possible Finance is a licensed Credit Access Business; License #1800061850-160823.
*Funding usually within minutes but may take up to 5 days.
^Loan amounts & structure vary by state.
°Possible uses fee and payday loan usage information from the Consumer Financial Protection Bureau, Center for Responsible Lending, Pew Charitable Trusts, and the Consumer Federation of America to arrive at our Fees Saved Calculation. Savings based on the maximum fees Possible could have charged customers over the typical payday loan term, including late fees, insufficient funds fees, etc. Results will vary.
¨See possiblefinance.com/samplepaymentschedules for rates & terms examples.
ˇReal customer compensated. Results may vary.
˘Possible Loans offer up to 29 days of payment flexibility from original due date.
All trademarks and brand names are property of their respective owners. Use of them does not imply any affiliation with or endorsement by them.
If you have questions or concerns, please contact the Support Team at support.possiblefinance.com
Mailing Address: Possible Finance, PO Box 98686, Las Vegas, NV 89193
Possible Financial Inc. © 2025 - NMLS #1697898




