If you’re falling behind on your credit card bills, combining your credit card balances and unsecured loans into just one payment amount may simplify things.
Generally, debt consolidation in Bethlehem means enrolling in a debt management plan. Your debt specialist will negotiate more favorable annual percentage rates and terms from your credit card providers. Don’t wait. See how much a debt consolidation company in Bethlehem, PA, could help you save.
Of the 9,726 residents of Bethlehem who need some form of debt relief, most would benefit from a debt management plan above all else.
This DMP has several advantages:
- Just One Payment
- Cheaper Interest Rates
- Forgiven Penalties
Additionally, this is one of the least expensive ways of consolidating credit and payday loan debt in Bethlehem, PA, only $25-40 every month.
Bethlehem (PA) Debt Consolidation Loans
As you probably know, debt consolidation often involves securing a loan to pay down your credit card balances and other debts with a significantly better interest rate. The advantages of debt consolidation loans in Bethlehem, PA, are similar to those of debt management plans:
- Way Fewer Calls from Collectors
- Fewer Hassles
- Lower Rate of Interest
- Consolidated Debt
At the same time, there aren’t any issues with your credit scores
Of all the debt relief options, getting a debt consolidation loan has the best impact on your credit score, but these types of loans can be tricky. You’re switching out one sort of debt with another. If the loan is secured by the value of your loan, don’t forget what happens if you go into default. When you want to consolidate your debt, you should talk with one of our debt professionals.
Consolidating Payday Loans in Bethlehem (PA)
As a result of the financial crisis, more Americans are resorting to payday loans. There are 116,037 people in Bethlehem, and around 6,034 obtain one or more payday loan per year. Unfortunately, around 2,655 of these men and women end up going delinquent on these payday advances – this is a lot of men and women who would quite possibly benefit from consolidating their Bethlehem payday loans! Are you currently late on multiple pay day loans? Don’t fret, we can help you find Bethlehem PA payday loan consolidation firms who can:
- Combine various payday cash loans.
- Minimize extortionate payday loan rates of interest.
- Formulate a budget for getting out of payday debt.
- Reduce payday lender phone calls.
Time to consolidate your payday loans?
Ideally, not more than 36% of your income will be devoted to paying back what you owe. Such debts incorporate credit card bills, car/student/payday loans, and rent or home loan repayments. Let’s say you earn $2,532 per month, which is the average in Bethlehem, then, ideally, you would spend less than $912 per month. Having said that, many Bethlehem residents are in severe debt, with debt-to-income ratios (DTI) of 50% or more. That means they are forking out more than $1,291 per month!
Do you have at least $10K in credit card debt? In that case, you need to seek the advice of a debt consolidation specialist near you.
Debt Consolidation Firms in Bethlehem, PA
- Law Offices DA Casselle – Dawne A Casselle Esq, 1415 Gail Ave, 18015