Credit Counseling: Kingman (AZ)

AZ Debt Relief

Never take amateur advice. If you’re in debt, make sure you talk to a skilled professional.

We connect you with leading debt consultants companies in Kingman to help you get the debt relief you’re looking for.

For people in Kingman, credit counseling is often the most inexpensive option.

We have calculated that 1,718 of the 46,587 individuals who reside in Kingman are unable to afford to make their credit card payments each month.

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Your ratio of debt to income, also referred to as DTI, helps to determine whether or not your finances warrant credit counseling. Consider a few stats consistent with an income of $11,892 per annum, the Kingman average:

  • $357 (36%): Best
  • $357 to $426 (36-43%): OK
  • $426 to $496 (43-50%): Cause for Concern
  • $496 or more (50%): Critical

Debt Counseling Programs: Kingman, AZ

If you are in significant debt, your credit counselor might advise you to take part in a debt management program or DMP. If you enroll in a debt management program, your Kingman AZ credit counselor may able to work out reduced rates and fees and penalties from your credit card companies. On a monthly basis, all you’ll have to is submit an agreed payment to your Kingman credit counselor. They will submit the right sums to each of your creditors.

Selecting a Credit Counseling Firm: Kingman, AZ

As a program, credit counseling has been vetted by the FTC and other government bodies, but be wary of any credit counseling sites that declare they can:

  • Put an end to all debt collector calls
  • Keep credit card issuers from suing you
  • Impose a fee up-front for their expertise

To find out more, look at this FTC write-up on the topic.

How Much Could Credit Card Counseling Help You Save?

Credit Counseling Kingman AZ

Credit counseling helps people reduce costs thanks to the fact that the card issuers generally agree to drop payment amounts, rates, and late fees.

Let an experienced credit expert examine your finances and provide you with a savings estimate.

Pricing Credit Counseling in Kingman, AZ

Credit Counseling Kingman AZ

The counseling part of credit counseling should be complimentary, however some counselors ask for voluntary contributions. Participating in a DMP should not be more than $75, and the fees each month should be less than $40. How much will your payments be? That will depend on what you owe. Generally 2.5% of the amount you owe.

The following is an outline of how much this amounts to, based on various levels of credit card debt.

Debt 2.1% 2.5%
$5000 $105 $125
$10,000 $210 $250
$20,000 $420 $500
$50,000 $1050 $1250
$55,000 $1155 $1375
$85,000 $1785 $2125

Non-Profit Credit Counseling Services: Kingman, AZ

Non-Profit Credit Counseling Kingman AZ

Created in 1951, the National Credit Counseling Foundation is the leading network of non profit credit counseling organizations in Arizona, and their members are generally recognized as CCCS, or Consumer Credit Counseling Service. A Consumer Credit Counseling Service in Kingman, AZ, will normally be:

  • Non Profit
  • NFCC Affiliate
  • Have CCCS in their Name

More often than not a CCCS firm will provide more than just credit counseling. They’ll provide:

  • Bankruptcy Credit Counseling
  • Housing Counseling
  • Credit Profile Evaluations
  • Financial Education Seminars

Unfortunately, not for profit credit counseling in Kingman, AZ, doesn’t translate to zero cost. To find the CCCS office that’s nearest to Kingman, AZ, please take a look at the directory of Kingman credit counseling firms we offer or visit the National Foundation for Credit Counseling site.

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Credit Counseling and Debt Counseling Agencies in Kingman, AZ

  • Expedited Mortgage, 1910 E Andy Devine Ave, 86401