If you’ve been finding it difficult to repay your debts, consolidating your credit card balances and debt into one easy payment per month may help.
To get in touch with a debt consolidation professional, you can just contact us. We can match you with a debt consolidation firm given your local area, how much debt you have, and additional factors.
Glendale (AZ) Debt Management Plans
Want to get out of debt in fewer months, with reduced annual percentage rates and penalties? If so, you might want to sign up for a debt management plan.
These programs allow you to repay everything you owe in 36-60 months with just one monthly payment. The benefits are major: more affordable rates of interest, installment payments, and penalty fees. Most of the time your creditors start giving you these benefits after you send them three straight monthly payments.
Additionally, these types of programs are normally rather cost-effective, only $25-40 every month.
Glendale (AZ) Debt Consolidation Loans
When you have favorable credit, you can probably secure a debt consolidation loan to pay off your credit balances. The advantages of debt consolidation loans in Glendale, AZ, are much like those of debt management programs, which include combined monthly payments, no more calls from debt collectors, and cheaper annual percentage rates. When you get a loan that’s been backed by some of form of equity, there may be tax advantages. On the other hand, if you default on such a loan, you will be at risk of losing your home. When you need to consolidate your debt, you need to get in touch with a service that offers debt consolidation in Glendale, AZ.
Consolidating Payday Loans in Glendale (AZ)
The high interest levels charged for payday loans in Glendale, AZ, mean that payday debt climbs at a shocking rate. Of the 280,307 residents of Glendale, roughly 14,576 get one or more payday loan each year. Alas, something like 11,078 of these people are borrowing again and again on the same principal – that’s more than 75%!
On the plus side, we work with Glendale AZ payday loan consolidation firms who can consolidate your Glendale payday loans with just one payment amount, serve as a buffer for calls from loan companies, and help reduce the exorbitant annual percentage rates affiliated with payday loans.
Would you like to learn more? Hop on over to cash advance regulations in AZ.
In an ideal world, your monthly debt payments ought to take up around 1/3 of your earnings. These debts include credit cards, loans, and rent/mortgage payments. If you make $2,983.00 monthly, the average for someone who lives in Glendale, then, ideally, you would spend less than $1,104 a month. Unfortunately, many Glendale residents are in substantial debt, defined by a debt to income ratio (DTI) of more than 50%. They’re spending more than $1,492 each month!
Of the 280,307 residents of Glendale, 23,495 can only afford their minimum monthly payments. Are you one of them?
How to Avoid Debt Consolidation Scams: Glendale, AZ
You should not sign up with any Glendale AZ debt consolidation firms if they:
- Want you to pay up-front
- Can’t offer references
- Don’t have accredited debt professionals
- Assert that they won’t affect your FICO scores
- Claim government programs can forgive your debt
- Won’t provide you with how long it will take
- Don’t have a good Better Business Bureau (BBB) rating
- Get you to open a savings account at a non-FDIC institution
Avoid any debt consolidation companys in Glendale, AZ, which have a history of unethical practices. For more information, check out the FTC information in our blogroll.
Payday Loan and Credit Card Debt Consolidation Providers in Glendale (AZ)
- Dashney Financial Consultants, 4411 W Kimberly Way, 85308
- Consumer Credit Counseling Services, 7235 N 75th Ave, 85303
- CCCS (A Division of MMI), 17235 N 75th Ave, 85308
- LLS Bankruptcy Attorneys Glendale, 4397 W Bethany Home Rd, #1, 85301
- A American Credit and Debt Counseling Service, 5849 W Northern Ave, 85301
- Consumer Credit Counseling, 5850 W Glendale Ave, 85301