If you’ve been finding it difficult to repay your debts, consolidating your credit cards and debts into just one payment per month may help you get things back on track.
With a credit counseling agency in Prescott Valley, AZ, you may be able to combine your credit card debt within a debt management plan, or DMP. Your advisors will work to obtain benefits from your creditors, for example reduced rates, waived fees and penalties, and smaller payments per month.
Consolidation may also refer to debt consolidation loans that substitute your credit card debt with debt backed up by some kind of collateral. A debt consolidation specialist can give you more information about which strategy is right for you.
Of the 2,248 residents of Prescott Valley who could use some form of debt relief, most would benefit from a debt management plan above all else. This DMP provides lots of benefits:
- Lower Payment
- Reduced Rate Of Interest
- Fewer Extra Fees
If you are looking for a credit card consolidation company in Prescott Valley, AZ, this is among the most affordable solutions, just $25-35 every month.
Debt Consolidation Loans in Prescott Valley (AZ)
If you take out a debt consolidation loan in Prescott Valley, AZ, the funds are used to repay your existing credit cards. Keep in mind, the loan itself still has to be paid back. Instead of delivering payments to a multitude of credit card companies each and every month, you’ll simply be responsible for your monthly payment. If you go with a home equity loan, there may be tax benefits. Unfortunately, if you fall behind on such a loan, your home could go into foreclosure. Talk to a debt consolidation specialist to figure out which debt consolidation strategy will be right for you.
Consolidating Payday Loans in Prescott Valley (AZ)
If your payday loan debt has been stacking up, you’re not alone. There are 26,825 people in Prescott Valley, and it’s estimated that 1,395 get one or more cash advance per annum. Sadly, roughly 1,060 of these people wind getting multiple payday loans – this is over 3 in every 4 payday customers! Luckily, we can connect you with a payday loan consolidation agency in Prescott Valley, AZ, that can assist you to consolidate your Prescott Valley payday loans into a smaller monthly payment, take telephone calls from loan companies, and decrease the inflated rates of interest that come with payday loans.
Want to find out more? Drop by Arizona payday loan laws and regulations.
Determining Your Debt Load: Prescott Valley, AZ
Have you figured out how much unsecured debt you’re carrying?
In a perfect world, your monthly debts ought to take up no more than one third of what you make. These debts incorporate ones that are secured and unsecured:
- Credit Cards
- All Loans
- Rent or Mortgage Payments
Consider what this means for the typical individual in Prescott Valley, AZ:
- Annual Income: $11,245
- Income Each Month: $937.00
- Ideal Debt Load: $337
- Severe Debt Load: $469
If your debt load each month is greater than 50%, you’ll want to seek the advice of a debt consolidation professional in Prescott Valley, AZ.
Debt Consolidation Agencies in Prescott Valley, AZ
- NovaStar Home Mortgage, 9615 E Lakeshore Dr, 86314