What if you could pay down the money you owe and get your credit back on track in 3 to 5 years? Do you want to consult a professional Lansdale credit counselor about a plan of action?
Excellent candidates have these traits:
- Debts of at Least $3,5000
- Steady Income
Do not forget that credit counseling depends on trying to pay back all of your debt; however, it will look considerably better to future lenders than debt settlement.
The average income for residents of Lansdale is $60,797 a year, or $5,066 monthly. You need to contact a credit counselor if you make $5,066 and are spending $2,178 to $2,533 monthly on debts that are secured or unsecured, for example rent, mortgage, loans, and credit cards.
Debt management programs, sometimes known as DMP’s, are often affiliated with with credit counseling. Why should you consider a DMP? Well, you may enjoy:
- More Affordable APR’s
- Reduced Collector Telephone Calls
- One Payment Per Month
- Quicker Debt Payback
You will write a single check per month to your Lansdale credit counselor. They will divide up the payments among each of your creditors.
Defending Yourself Against Credit Counseling Shams in Lansdale, PA
Provided that you find a reputable firm, credit counseling can certainly help. Believe it or not, the FTC now mandates it for people who want to file bankruptcy, but here is how to make certain that your Lansdale credit counseling provider is highly regarded:
- Obtain testimonials
- Verify their accreditation status
- Check that your consultant is credentialed
Just remember, being a not-for-profit won’t necessarily mean that a credit counseling business is respectable.
Please don’t work with a credit counselor you can’t count on. We’ll assist you in finding the right Lansdale credit counseling specialist.
It’s tricky to tell how much money it’s possible to save. The good thing is, it does contribute to lower monthly payments through greatly reduced interest and penalties or fees.
Want to learn how fast credit counseling could help you clear your debt?
Debt management plans are very affordable. They will cost you less than $40 a month, and the cost is rolled into the amount you pay each month. How much will your monthly payments be? Ordinarily 2.5% of your total debt. You might be interested in a breakdown of how much you might have to pay, given varying amounts of unsecured debt.
- $15,000 Debt: $315 to $375
- $20,000 Debt: $420 to $500
- $55,000 Debt: $1155 to $1375
- $80,000 Debt: $1680 to $2000
- $90,000 Debt: $1890 to $2250
- $95,000 Debt: $1995 to $2375
Consumer Credit Counseling Services: Lansdale (PA)
Consumer Credit Counseling Service, often called CCCS, may provide not for profit credit counseling for Lansdale individuals. A Consumer Credit Counseling Service in Lansdale, PA, will normally be a community not for profit service which carries an NFCC member seal. Often a CCCS organization will supply not only nonprofit credit counseling, but also Lansdale bankruptcy counseling, money management training, and housing assistance. Plan to spend roughly at the most $40 each month. To find the closest CCCS office in Lansdale, PA, please have a look at the directory of Lansdale credit counseling agencies we’ve provided or drop by www.debtadvice.org.
Credit Counseling / Debt Counseling: Lansdale (PA)
- Montco Processing Service, 1673 W Point Pike, 19446