We help you consolidate credit card and/or payday loan debt into one simple monthly payment. The word debt consolidation can be used to describe at least two differing strategies to consolidating debt: debt consolidation loans and debt management plans.
A trained debt consolidation professional can offer you more information about which program is best for your needs.
North Wales (PA) Debt Management
Want to get rid of debt more quickly, with less interest and fees? If so, you might want to sign up for a debt management plan. Debt management plans enable you to repay your debts entirely over time with just one monthly payment, not to mention cheaper interest levels, monthly payments, and extra charges. Usually your creditors begin giving you these perks following you send them three straight repayments.
If you are searching for a credit card consolidation program in North Wales, PA, this is one of the most inexpensive options:
- Enrollment: no more than $70
- Monthly Fee: $25-35
North Wales, PA Debt Consolidation Loans
Should you get a debt consolidation loan in North Wales, PA, the loan is used to pay your active credit cards. You will still have to repay the loan, of course, but the rate of interest will probably be more advantageous. Generally speaking, a debt consolidation loan will lead to lower monthly bills and a lot fewer calls from debt collectors. After all, your old debts will be cleared.
Keep in mind, you need very good credit to get a loan like this. Also, it will not allow you to pay off your debt any sooner. In fact, it may take longer. Have you been wondering if a debt consolidation loan is best for you?
North Wales, PA Payday Loan Consolidation
Consolidating payday loans in North Wales, PA, is now practically as commonplace as consolidating credit card bills. We estimate that 1,294 residents of North Wales get payday cash advances on a regular basis, and nearly 983 of these people are borrowing more than once on the same debt. That’s astounding, right? It’s about 75%! Are you past due on more than one payday loan? You’re okay, we can help you find a payday loan consolidation company in North Wales, PA, who will help you:
- Trim down exorbitant cash advance interest levels.
- Reduce debt collector calls.
- Combine two or more payday advances.
- Establish a plan for getting out of payday debt.
Hoping to get out of payday loan debt?
Do You Need Debt Consolidation?
How much credit card debt do you have? Ideally, approximately 30% of your income will be allotted to paying back debts. These debts incorporate credit card bills, car/student/payday loans, and rent/mortgage repayments. If you make $2,430 per month, about average average for someone who lives in North Wales, then, in a perfect world, you would spend around $875 a month. Lamentably, many North Wales residents are carrying substantial debt, recognized by a debt to income ratio of more than 50%. That means they are having to spend more than $1,239 per month!
If your ratio of debt to income is more than 50%, you’ll want to speak to a debt consolidation consultant in North Wales, PA.
Debt Consolidation Fraud in North Wales (PA)
As per FTC regulations, any North Wales PA debt consolidation firm must fully clarify:
- All costs and fees.
- How long their program takes.
- How much must be saved before they’ll contact each creditor.
- The negative effect on your credit score.
Make sure you do a few searches on your North Wales payday loan debt consolidation company before enrolling, and for additional information, check out the section of FTC.gov titled In Debt?.
Debt Consolidation Companies in North Wales, PA
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