Credit Counseling: Clarks Summit (PA)

PA Debt Relief

Credit Counseling Clarks Summit PASo you want to get your debts cleared and start restoring your credit? In that case, you’d be smart to enlist the services of a credit counselor in Clarks Summit, PA. Credit counseling, aka debt management, is an economical way of scaling back your debt payments without totally ruining your credit score.

Credit Counseling Clarks Summit PA

Whereas having your credit repaired leads to elevated credit ratings pretty promptly, credit counseling is focused on debt relief, as well as educating the consumer.

>> Get a No Obligation Credit Assessment!

Do I Need Debt Counseling in Clarks Summit, PA?

Credit Counseling Clarks Summit PA

Your ratio of debt to income helps to verify how much you need credit counseling.

Pay DTI Debt Severity
$4,394 Less than 36% $1,582 or less Best
$4,394 36%-43% $1,582-$1,889 OK
$4,394 43%-50% $1,889-$2,197 Problematic
$4,394 50% Plus $2,241 or More Assistance Needed!

Debt Counseling Plans: Clarks Summit (PA)

Credit Card Counseling Clarks Summit PA

What if you’re shelling out $2,197 per month, but you only earn $4,394? In that case, your credit counseling specialist may recommend that you sign up for a debt management program (DMP). A DMP is a type of debt consolidation, because the money you owe every month is condensed into one monthly payment, but there’s no loan required, unlike some types of debt consolidation in Clarks Summit, PA.

You don’t need to converse with your creditors. Your credit counseling firm will take care of things from this angle.

Steering Clear of Credit Counseling Shams in Clarks Summit (PA)

As a whole, credit counseling and debt management plans have been recognized by the FTC and other government bodies, but you really need to confirm that your credit counseling organization is credible. This can be done in various ways, like verifying their customer feedback, checking whether or not they’re certified in Pennsylvania, and examining their Better Business Bureau page.

For details, check out this FTC write-up on the topic.

You should never choose a credit counselor that you can’t count on. Why don’t we help you find a good Clarks Summit credit counseling organization.

>> Get Your Zero Cost Debt Evaluation Now

Credit Counseling Clarks Summit PA

To determine how much credit counseling will save you, you need to get in touch with a debt relief specialist, but you might not have to pay as much per month as you are used to paying, as a result of decreased fees and interest.

Are you ready to find out how soon credit counseling could get you out of debt?

Credit Counseling / Debt Management Agencies: Clarks Summit, PA

  • Consumer Credit Counseling Service Of Northeastern Pa Inc, Abington Executive Park, 18411