At Debt Relief PA, we connect people in Lewistown, PA, with debt consolidation pros whose mission is to:
- Lower their monthly payments
- Decrease their interest rates
- Minimize debt collection calls
To speak to a debt consolidation professional, please contact us. We can connect you with a debt consolidation consultant in Lewistown, PA, according to how much you owe, where you live, and your individual priorities.
Debt Management Plans: Lewistown, PA
Do you want to repay what you owe more quickly, with cheaper rates and penalties? Then you should probably sign up for a debt management plan.
Debt management plans, ordinarily managed by one of the credit counseling agencies in Lewistown, PA, enable you to repay all the money you owe with one easy payment per month, as well as reduced interest levels, monthly payments, and service fees. Typically your creditor begins presenting these benefits after you make three successive repayments. Also, these programs are generally rather reasonably priced.
Lewistown (PA) Debt Consolidation Loans
A debt consolidation loan could reduce your financial outlay over the long haul because loans from a regular lender ordinarily have more affordable APR’s than credit cards. The main advantages of debt consolidation loans in Lewistown, PA, are much like those of a debt management plan, such as single monthly payments, a lot less calls from collections agencies, and lower annual percentage rates.
Keep in mind, you must have excellent credit to get a loan this way. Also, it will not allow you to become debt free any faster. In fact, it may take longer. Chat with a debt consolidation specialist in Lewistown, PA, to see which debt relief strategy is ideal for you.
Consolidating Payday Loans: Lewistown, PA
On account of the financial crisis, many more Americans have been turning to payday loans. Of the 21,898 residents of Lewistown, about 1,139 end up with one or more payday loan per year. Alas, nearly 501 of these consumers are unable to repay these cash advance loans – that’s almost half!
Are you past due on one or more payday advances? Fear not, we can connect you with Lewistown PA payday loan consolidation firms who can assist you to consolidate your payday loans into one single payment amount, manage telephone calls from collectors, and minimize the exorbitant interest percentage attached to payday loans.
Do you need to have a look at payday loan laws and regulations in Pennsylvania? Check this page PA payday regulations.
In an ideal world, around 36% of your income will be allocated toward repaying what you owe. Such debts include both secured and unsecured debts:
- Credit Card Accounts
- All Loans
- Rent or Home Loan Payments
If you make $2,531 per month, which is about average average for Lewistown residents, then, in a perfect world, you would spend no more than $936 every month. Unfortunately, many Lewistown residents have serious debt, with a debt to income ratio (DTI) of more than 50%. That means they are having to spend more than $1,291 a month!
Does it feel like you are all on your own, burdened by debt? You’re not. The fact is, we have been able to conclude that 1,835 of Lewistown’s 21,898 residents are looking for help with debt.
Debt Consolidation Fraud
According to FTC standards, your Lewistown, PA debt consolidation service needs to:
- Clarify how their fees work.
- Tell you how many weeks their program takes.
- Inform you of how much you will need to save before they will get in touch with each and every lender.
- Explain how your credit ratings may be impacted.
Don’t ever become a member of a program that has a bad track record. To read more, check out this directory of reports on the FTC’s website: In Debt?.
Consolidation Companies in Lewistown (PA)
- Alternative Credit Rehabilitation LLC, 10153 U.S. 522, 17044