If you find yourself curious about Reading debt consolidation agencies, we’re here to help.
To get started, simply complete this easy form. You could be on the road to being debt free in no time.
Of the 15,992 residents of Reading needing some form of debt relief, most of them would benefit from a debt management plan above all else.
This DMP has a lot of advantages:
- Lower Monthly Payment
- Cheaper Interest Levels
- Reduced Late Payment Fees
If you are searching for a credit card consolidation agency in Reading, PA, this is among the most inexpensive ways to go.
Debt Consolidation Loans in Reading (PA)
The reason for your Reading debt consolidation loan is simple: unsecured personal loans and home equity loans generally have more affordable APR’s than credit cards.
If you get a debt consolidation loan in Reading, you can expect cheaper monthly payments and a lot fewer calls from collections companies, as your old debts will have been paid off. Unlike other Reading debt consolidation programs, these loans do not provide you with any of the money management instruction you would get from credit counseling in Reading, PA. When you want to consolidate your debt, you should contact one of our debt experts.
Consolidating Payday Loans: Reading (PA)
Payday loans have been becoming more popular because of the credit crunch. Something like 9,921 people in Reading get payday loans fairly often, and close to 7,540 of these borrowers wind up getting more than one of these loans. What percentage is that? It’s more than 75%! Have you found yourself past due on one or more payday cash advances? That’s alright, we work with Reading PA payday loan consolidation companies who can help you:
- Ease outrageous payday advance interest rates.
- Decrease collect agency phone calls.
- Combine a variety of cash loans.
- Establish a plan for payment.
So you want to read more? To find out more, have a look at this page.
In a perfect world, no more than 36% of your income will be allotted to paying down what you owe. These debts encompass credit cards, loans, and rent/mortgage payments. Consider what this means for the typical consumer in Reading, PA:
- Income Per Year: $35,064
- Monthly Income: $2,922
- Ideal Debt Load: $1,052
- Severe Debt Load: $1,461
Debt load greater than 50%? If so, you need to talk to a debt consolidation consultant near you.
How to Identify Debt Consolidation Scams
As per FTC standards, your Reading, PA debt consolidation organization is required to give you the following information before you join their program:
- Registration and monthly fees.
- How long their program takes.
- How much must be saved before they’ll contact your creditors.
- The negative impact on your credit score.
Don’t forget to look into any Reading debt consolidation agency prior to registering, and to find out more, review this list of resources on the actual FTC site: In Debt?.
Debt Consolidation Agencies in Reading, PA
- Berks Community Federal Credit Union, 806 Mountain Home Rd, 19608
- Consumer Credit Counseling, 833 N Park Rd, 19610
- Steven B Johnson, CFP, LLC, P.O. Box 3888, 19501