If you have been finding it hard to pay down your debts, combining your credit cards and debts into just one payment amount may help you get things back on track.
Normally, debt consolidation in Prescott means working with a credit counseling agency in Prescott, Arizona to join a debt management program. Your debt specialist will negotiate more favorable rates and terms from your credit card providers.
Allow us to get you started with a legitimate Prescott, AZ debt consolidation firm.
Most commonly, debt consolidation in Prescott, AZ, involves working with an expert to manage debt through a specialized program.
These plans, normally associated with one of the credit counseling agencies in Prescott, AZ, enable you to pay off all the money you owe in 36-60 months through a single payment per month, in addition to cheaper rates, monthly payments, and penalty fees. Typically your card companies or payday lenders begins giving you these perks after 90 days of on time payments.
If you are looking for a credit card consolidation program in Prescott, AZ, this is among the most inexpensive solutions:
- Sign up: $70 or less
- Fee Every Month: $30 to 50
Prescott, AZ Debt Consolidation Loans
When you’ve got a good credit score, you might be able to secure a debt consolidation loan to pay off what you owe. Instead of submitting checks to several different creditors every month, you will only need to worry about your installment payment. Good candidates for debt consolidation loans in Prescott AZ are homeowners with first-rate credit and substantial income, as these are necessary if you want to qualify for a loan with a cheap rate of interest.
Get in touch with a debt consolidation specialist in Prescott, AZ, to check which debt relief option is best for you.
Prescott, AZ Payday Loan Consolidation
The exorbitant interest rates attached to payday loans in Prescott, AZ, mean that payday debt mounts rapidly. There are 47,209 residents of Prescott, and approximately 2,455 end up with at least one payday loan annually. Lamentably, about 1,080 of these debtors find themselves past due these cash advances – this is quite a few people who should think about consolidating payday loans in Prescott, AZ!
Are you past due on one or more cash advance loans? You’re alright, we can connect you with Prescott AZ payday loan consolidation firms that can assist you to consolidate your payday loans with one single payment amount, take calls from lenders, and greatly reduce the outrageous interest percentage you can expect from payday loans.
Do you want to read more about payday loan guidelines in Arizona? Visit here cash advance regulations in Arizona.
If you wish to combine your credit card debt, you must understand how severe your credit card debt has become.
In a perfect world, approximately 30% of your income will be allocated toward paying off debts. These debts include credit cards, loans, and rent/mortgage payments. Let’s take a look at what this means for a typical resident of Prescott, AZ:
- Income Annually: $14,074
- Monthly Income: $1,173.00
- Recommended Debt Load: $422
- Serious Debt Load: $587
Debt load higher than 50%? Then you really should speak with a debt consolidation specialist in Prescott, AZ.
Debt Consolidation Regulations
In keeping with FTC standards, any Prescott debt consolidation firm must:
- Clarify how their pricing works.
- Let you know how many weeks until they speak to each credit card company.
- Tell you how much you must have saved before they’ll get in touch with all of your creditors.
- Explain any and all risk for your credit scores.
Don’t ever become a member of a debt consolidation program in Prescott, AZ, that has a poor reputation, and to learn more, read the FTC reports in our resources area.
Debt Consolidation Firms: Prescott (AZ)
- Consumer Credit Counseling Services, 1215 Gail Gardner Way, 86305
- Simple Solutions Credit Consulting, 747 Whipple St, 86301
- The Credit Key Inc, 240 S Montezuma St, #105, 86303