If you happen to be considering Stroudsburg debt consolidation services, we are here to assist you.
For your free debt evaluation, simply contact us. We can match you with a debt consolidation firm in accordance with where you live, how much debt you’ve got, and your personal preferences.
Debt Management: Stroudsburg, PA
In most cases, Stroudsburg residents decide to consolidate their debts within a debt management plan.
Debt management plans, typically associated with a credit counseling firm, allow you to repay all the money you owe with a single payment per month, along with decreased interest levels, installment payments, and extra charges. Usually your creditors start giving you these perks following you make three consecutive payments. If you’re looking for a debt consolidation agency in Stroudsburg, PA, this is among the cheapest solutions, only $25-40 a month.
Stroudsburg, PA Debt Consolidation Loans
When you have good credit, you might be able to secure a debt consolidation loan to repay your credit balances. The main advantages of debt consolidation loans in Stroudsburg, PA, are similar to those of debt management plans, including consolidated monthly payments, fewer calls from debt collectors, and reduced loan rates.
Bear in mind that these loans won’t give you any of the financial coaching you would get from credit counseling. To figure out whether a debt consolidation loan is a good solution, you need to check with a company that does debt consolidation in Stroudsburg, PA.
Payday Loans Consolidation in Stroudsburg, PA
So many Stroudsburg residents are trying to repay payday loans from an array of loan providers. Nearly 1,386 residents of Stroudsburg get payday loans regularly, and approximately 610 of these borrowers end up being past due their cash advance loans – this is quite a few people who would quite possibly benefit from consolidating payday loans in Stroudsburg, PA! Luckily, we can connect you with a payday loan consolidation firm in Stroudsburg, PA, that can help you:
- Trim down inflated payday loan interest rates.
- Decrease collector phone calls.
- Consolidate multiple payday cash loans.
- Create a plan for payment.
Would you like to find out more or learn how to list a complaint against a payday loan provider? Go here payday laws in Pennsylvania.
Assessing Your Debt: Stroudsburg, PA
Debt consolidation agencies in Stroudsburg, PA will want to find out how much debt you owe that’s non-secured, meaning it is not protected by a property of some kind. The most commonly seen causes of debt are:
- Credit Cards
- Pay Day Loans
- Other Unsecured Credit Accounts
Ideally, only 30% of your income will be invested in paying back debts. These debts include credit cards, auto/payday loans, and rent/home loan repayments. Let’s consider how this works for the average resident of Stroudsburg, PA:
- Income Annually: $46,039
- Monthly Income: $3,837
- Optimal Debt Load: $1,381
- Excessive Debt Load: $1,919
There are 26,654 people living in Stroudsburg, and 2,234 can hardly afford to make the minimums month after month. No need to panic..
Debt Consolidation Scams: Stroudsburg (PA)
According to FTC standards, any Stroudsburg PA debt consolidation firm is required to:
- Make clear how their fees work.
- Let you know how long their programs take.
- Explain how much you need to save before they’ll get in touch with all of your credit card issuers.
- Explain the risks for your credit rating.
Don’t forget to check the reviews on any Stroudsburg payday loan debt consolidation agency before enrolling.
Consolidation Programs in Stroudsburg, PA
- Mishkin, Ronald J – Mishkin Ronald J, 712 Monroe St, 18360
- Consumer Credit Counseling Service, 411 Main St, #104, 18360