At Debt Relief of Pennsylvania, we connect consumers with Lititz debt consolidation pros whose mission is to:
- Reduce their monthly payments
- Lower their interest rates
- Reduce debt collector calls
For your free debt assessment, you can just fill out this easy form. It’s short, simple, and totally free.
Lititz (PA) Debt Management Plans
Want to get out of debt faster, with less interest and penalty charges? If so, you might want to enroll in one of the debt management plans in Lititz, PA. A DMP provides a lot of benefits:
- Consolidated Monthly Payment
- Less Expensive Rates
- Less Extra Fees
Also, these types of plans are usually pretty affordable.
Debt Consolidation Loans: Lititz (PA)
A debt consolidation loan should reduce costs in the end because unsecured loans and home equity loans normally have more affordable annual percentage rates than credit cards.
If you get a debt consolidation loan in Lititz, PA, you should benefit from cheaper monthly bills and a lot fewer calls from debt collection agencies, because your old debts will have been paid off.
If you obtain a loan that is backed by some of form of equity, there may be tax benefits. On the other hand, if you can’t make the payments on such a loan, your home could be foreclosed on.
When you need to start getting out of debt, you really need to get in touch with a service that provides debt consolidation in Lititz, PA.
Consolidating Payday Loans in Lititz, PA
Many Lititz borrowers owe payday loans to an array of companies. Of the 36,610 people in Lititz, it’s estimated that 1,904 get at least one payday loan per annum. Sadly, something like 1,447 of these borrowers are borrowing more than once on the original amount. Hard to believe, right? It’s over 75%! Have you found yourself overdue on multiple cash advance loans? That’s alright, there are Lititz PA payday loan consolidation agencies who will consolidate your Lititz payday loans into a smaller payment amount, take telephone calls from debt collectors, and reduce the excessively high interest levels attached to these kinds of loans.
Need to break free from payday debt?
If at all possible, your monthly debt payments ought to comprise about 33% of your income. These debts incorporate credit card bills, auto/payday loans, and rent or mortgage repayments. Let’s say you earn $4,264 every month, about average average in Lititz, then, ideally, you would spend no more than $1,578 per month. Of course, many Lititz residents have substantial debt, classified as a debt to income ratio (DTI) of more than 50%. They’re having to spend more than $2,132 each month!
If your debt load each month is more than 50%, it is high time to get in touch with a debt consolidation consultant in your area.
Debt Consolidation Ripoffs
Keep away from any Lititz debt consolidation organizations that:
- Make you pay up-front
- Cannot provide testimonials
- Aren’t certified
- Advertise thata their programs don’t impact your credit
- Declare that government programs will erase your debt
- Won’t disclose how long their program will take
- Has an unfavorable BBB (Better Business Bureau) rating
- Have you open a bank account at a non-FDIC firm
Avoid any debt consolidation companys which have a history of disreputable practices, and to acquire more information, review this list of articles on the FTC website: In Debt?.
Debt Consolidation Agencies in Lititz (PA)
- Trend-Invest, 119 Milton Cir, 17543