When you are interested in Elkins Park debt consolidation companies, we’re here to help.
For a no obligation debt assessment, just call us or complete our contact form. We can connect you with a debt consolidation firm in Elkins Park, PA, given such variables as:
- Your Unsecured Debt.
- Your Location.
Debt Management (DMP): Elkins Park (PA)
Of the 1,602 people in Elkins Park who could use debt relief, most would benefit from a debt management plan above all else. This DMP provides quite a few benefits:
- One Single Payment
- Lowered Interest
- Forgiven Late Payment Fees
Additionally, DMP’s are one of the least expensive ways to consolidate debt in Elkins Park, PA.
Elkins Park, PA Debt Consolidation Loans
A debt consolidation loan can cut costs over the long haul because unsecured loans and home equity loans generally have more affordable APR’s than what you’re spending on your revolving credit accounts. Instead of delivering payments to a variety of collectors every month, you will only need to worry about your monthly debt consolidation loan payment.
To profit from a debt consolidation loan, you need to obtain very low interest rates. This means you need to have a good credit rating. In order to commence your journey to becoming debt-free, you should contact one of our debt consultants.
Consolidating Payday Loans in Elkins Park, PA
Many Elkins Park borrowers owe payday loans to two or more providers. There are 19,110 people in Elkins Park, and approximately 994 get one or more payday advance a year. Unfortunately, roughly 755 of these borrowers are borrowing over and over again on the same principal. That’s shocking, is it not? It’s more than 75%! Luckily, we can help you find Elkins Park PA payday loan consolidation services who will help you:
- Combine a variety of payday advances.
- Reduce exorbitant payday advance interest rates.
- Establish a plan for payment.
- Manage debt collector phone calls.
Would you like to read additional information on payday lending laws and regulations in Pennsylvania? Check this page PA payday laws and regulations.
Debt consolidation services in Elkins Park, PA will need to learn how much debt you have that’s no secured. That means it is not supported by a property of some sort. The most commonly seen reasons for debt are credit card bills, payday loans, rent or mortgage payments, doctors’ expenses, and other revolving credit lines.
In an ideal world, not more than 36% of your income will be allocated toward paying down debts. These debts incorporate everything you owe, whether secured or not:
- Credit Cards
- Auto, College, and Payday Loans
- Home Loans
Why don’t we see how this works for the typical resident of Elkins Park, PA:
- Annual Income: $58,833
- Income Per Month: $4,903
- Ideal Debt Load: $1,765
- Serious Debt Load: $2,452
Of the 19,110 residents of Elkins Park, 1,602 can only afford their minimums each month. Don’t let the debt pile up..
Debt Consolidation Providers: Elkins Park (PA)
- Lee John K, 1135 W Cheltenham Ave, 19027