Have you been having trouble paying off your credit cards or bills on time? Well then you’ve come to the right place. Here at Debt Relief of Pennsylvania, we encourage our customers to receive a complimentary, personalized debt analysis from an expert in their area.
The majority of individuals interested in credit counseling have consistent income, debts of over $3K, and have considered bankruptcy.
Although credit counseling won’t lower your debt, it will look far better on your credit report than debt settlement programs.
Debt to Income Ratio: Sayre (PA)
Your ratio of debt to income, also known as DTI, helps to confirm how badly your finances warrant credit counseling.
Sayre, PA Debt Management Plans
Have you got at least $10K of unsecured debt or have monthly payments for rent, loans, or credit cards that amount to 50% your pay? Then your credit counselor may say you need to register for a debt management plan (DMP). By participating in a debt management plan, you might be able to take advantage of:
- Decreased Interest
- Decreased Collector Calls
- Consolidated Payment On a Monthly Basis
- Swifter Debt Payoff
You’ll give just a single payment to your Sayre credit counselor. They then allocate the payments among your creditors.
Selecting a Credit Counseling Service: Sayre (PA)
Overall, credit counseling has been vetted by the FTC and other government authorities. But good credit counselors in Sayre, PA, and across the nation should offer you:
- 45-60 Minutes of Basic Counseling
- Zero Upfront Fees
- A Custom-Made Action Plan
- Certification Qualifications
Remember that being a nonprofit isn’t going to always mean that a credit counseling program is honest, and the opposite is true as well. Don’t forget, at Debt Relief of Pennsylvania, we can help guide you to the appropriate credit counseling or debt management option based on your distinct needs.
How Much Will Credit Counseling Help Save?
Everything you owe will have to be paid in full. However, it can often lead to reduced payments per month by virtue of greatly reduced interest and penalty fees. To find out what amount you could save, get hold of a good Sayre credit counselor – today!
Credit Counseling Costs in Sayre, PA
Starting a debt management plan should not cost more than $75, and the monthly fees should be less than $40. How much will your monthly payments be? Usually 2.5% of how much you owe. Here is a table showing how much we’re talking about, given different amounts of credit card debt.
- $15,000 Debt: $315 to $375
- $30,000 Debt: $630 to $750
- $40,000 Debt: $840 to $1000
- $70,000 Debt: $1470 to $1750
- $100,000 Debt: $2100 to $2500
Non-Profit Credit Counseling Service in Sayre (PA)
The National Credit Counseling Foundation is the largest network of non-profit credit counseling firms in Pennsylvania. Members are typically recognized as CCCS, or Consumer Credit Counseling Service. A Consumer Credit Counseling Service in Sayre, PA, will generally be a not for profit organization which makes use of the NFCC seal. Ordinarily a CCCS agency will provide not just consumer credit counseling, but also Sayre bankruptcy credit counseling for Sayre consumers, not to mention housing and money management assistance. Be prepared to fork out around no more than $50 on a monthly basis.
To find the CCCS agency that’s closest to Sayre, PA, check the list of services this site offers. As an alternative, you can try the NCFF website on this page
Credit Counseling and Debt Counseling: Sayre (PA)
- Advance America Cash Advance, 922 N Elmira St, 18840