We match our clients with Wayne debt consolidation consultants who assist them to:
- Combine their payments
- Minimize their rate of interest
- Decrease collection agency calls
To speak with a debt consolidation professional, just fill in our easy contact form. Debt Relief of Pennsylvania can match you with a debt consolidation consultant in Wayne, PA, considering:
- Your Debt Profile.
- Your Location (Wayne).
- Various Other Variables.
Debt Management Plans (DMP’s): Wayne, PA
Most commonly, debt consolidation in Wayne, PA, will involve the management of debt through a specialized program.
A DMP provides many benefits:
- One Single Monthly Payment
- More Affordable Interest Levels
- Less Extra Fees
If you’re looking for a debt consolidation agency in Wayne, PA, this is among the least expensive ways to go. Enrollment ought to cost approximately $75, and monthly fees $25-40.
Debt Consolidation Loans in Wayne, PA
Should you decide to apply for a debt consolidation loan in Wayne, PA, you’ll use the money to pay off your active credit lines. You will still have to pay off the loan, but the APR will probably be more beneficial.
Rather than sending payments to various creditors every month, you’ll be responsible for your monthly debt consolidation loan payment. Of all your debt relief options, a debt consolidation loan has the most positive impact on your credit rating. Alternatively, it can be tricky. If the loan is collateralized by the value of your loan, don’t forget what will happen if you go delinquent.
Meet with a debt consolidation specialist in Wayne, PA, to figure out which option will be best for you.
Consolidating Payday Loans: Wayne (PA)
Many Wayne residents owe payday loans from two or more loan creditors. There are 30,892 residents of Wayne, and roughly 1,606 apply for and get at least one payday loan a year. Alas, around 1,221 of these consumers have multiple payday loans. Can you believe it? We’re talking upwards of 75%! Are you overdue on one or more pay day loans? You’re okay, we can connect you with a payday loan consolidation business in Wayne, PA, who will help you consolidate your Wayne payday loans into a single monthly payment, field calls from collection agencies, and reduce the extortionate interest levels attached to payday loans.
Want to read additional info on payday lending policies in Pennsylvania? Check out payday loan laws in PA.
Preferably, the amount of debt you owe each month should take up around one third of your wages. Such debts include both secured and unsecured debts:
- Credit Cards
- Automobile, College, and Payday Loans
- Rent or Mortgage Payments
Let’s suppose you make $1,772 a month, which is the average in Wayne, then, if possible, you would spend less than $656 monthly. Having said that, many Wayne residents are carrying considerable debt, classified as a debt to income ratio of 50% or higher. That means they are shelling out more than $904 monthly!
There are 30,892 people living in Wayne, and 2,589 can hardly afford to make their monthly minimums. Don’t be one of them..
Credit Card and Payday Consolidation Programs: Wayne (PA)
- Instant Courier Service, 5 Hillside Rd, 19087