We can easily match you with a credit counseling expert based upon:
- Your Town
- Your Credit Card Debt
You could find yourself on the road out of debt in less time than you thought possible – don’t hesitate!
Generally people who sign up for Whitehall credit counseling have regular work, debts in excess of $5,000, and the passion to pay down their debts.
When it comes to credit counseling, you will pay back everything you owe to your lenders, as well as interest. This is a lot better for your fico scores over the long haul than debt settlement.
On average, Whitehall residents make $3,599 monthly. If possible, a consumer who gets paid $3,599 per month should carry debts of about $1,296 per month, which is 36% of their before-tax earnings.
If your monthly debts comprise more than 43% of what you make, you need assistance. If you make $3,599, the average in Whitehall, we’re only talking about $1,548. Having said that, a great many Whitehall residents have debt to income ratios of more than 50% ($1,800).
Have you got at least $10K of credit card debt or have a debt-to-income ratio of 50% or more? You might need to enroll in a debt management plan (DMP). A debt management program is a method of consolidating debt, as your monthly payments is consolidated into just one amount. However, no loans are required. This is different from some other methods of debt consolidation in Whitehall, PA, which use home equity loans to pay off your debts. Under any debt management plan in Whitehall, the credit counselor will control payment to your creditors every month. Pretty much all you need to do is supply them with the fixed payment amount.
Tips on Avoiding Credit Counseling Ripoffs: Whitehall (PA)
As a whole, credit counseling has been checked out by the FTC and other governmental regulators, but trustworthy credit counseling companies typically have:
- Qualified Counselors
- True References
- Non-Profit Status
- Immediate Answers to Your Questions
- No cost Counseling (DMP’s do have monthly fees)
Don’t forget, non profit status doesn’t guarantee that a credit counseling business is legitimate.
Credit counseling saves you money because your creditors who participate decrease payment amounts, rates, and extra fees. Credit counseling will save you time and money. Find out more today.
Credit counseling firmsnationwide are not allowed to charge advance fees, according to the FTC.
How much does a debt management program cost you? Generally $25-30 monthly, plus a startup fee of less than $90.
Under a DMP, the money you shell out each month repaying your credit balances is commonly the same as your minimum credit card payment: 2.5%.
Consumer Bankruptcy Counseling in Whitehall (PA)
We estimate that 65 of Whitehall’s 25,063 residents have had to declare bankruptcy.
As dictated by law, you must attend a credit counseling program prior to filing bankruptcy. The session needs to be within half a year of when your filing date.
You can complete the process:
- One On One
- By Phone
Some firms are accredited, while some aren’t. For an approved list of approved Pennsylvania credit counseling programs, just click here, or you can chat with a seasoned credit advisor:
Credit Counseling / Debt Counseling Agencies in Whitehall (PA)
- Consumer Credit Counseling Service Of Lehigh Valley Inc, 3671 Crescent Ct E, 18052