If you are finding it difficult to pay down the money you owe, consolidating your credit cards into one simple payment per month might be the answer.
To speak to a debt consolidation specialist, simply contact us. Texas Debt Consolidation can match you with a debt consolidation consultant in Lakeview, TX, considering the amount you owe, where you live, and other variables.
Do you want to get rid of debt in less time, with reduced interest rates and penalties? If so, you may want to sign up for a debt management plan. This DMP offers numerous benefits:
- Lower Payment
- Less Expensive Rates
- Less Late Payment Fees
Also, DMP’s are one of the most affordable ways of consolidating credit and payday loan debt in Lakeview, TX, only $25-40 every month.
As we we previously discussed, debt consolidation often involves obtaining a loan to repay your credit lines and other debts.
The great number of payments you were submitting to different collectors will be consolidated into one single payment amount – your Lakeview debt consolidation loan payment.
In contrast to other Lakeview debt consolidation programs, you won’t be learning to save money as you would during credit counseling, nor will your debt be slashed as it would be during debt negotiations.
Chat with a debt consolidation expert in Lakeview, TX, to figure out which debt consolidation option will be right for you.
Many Lakeview borrowers are trying to repay payday loans from more than one loan creditors. We estimate that 2,469 residents of Lakeview get payday loans fairly often, and something like 1,876 of these individuals have got more than one payday loan. How many is that in terms of percentages? We’re talking about 3 out of every 4 people who get one of these loans! Are you currently past due on one or more pay day loans? No worries, we can help you find payday loan consolidation services in Lakeview, TX, who will consolidate your Lakeview payday loans with one single payment amount, take phone calls from collectors, and help reduce the outrageous rates of interest associated with these kinds of loans.
Want to find out more or discover ways to lodge a grievance against a cash advance lender in your town? Please click here payday loan regulations in TX.
Do You Need Debt Consolidation?
In a perfect world, the amount of debt you owe each and every month ought to comprise around 33% of your income. Such debts incorporate ones that are secured and unsecured:
- Credit Card Payments
- Auto, Student, and Payday Loans
- Home Loan Payments
Let’s say you earn $2,226 monthly, the average for someone who lives in Lakeview, then, in a perfect world, you would spend less than $824 per month. Lamentably, many Lakeview residents are carrying considerable debt, recognized by a debt to income ratio (DTI) of more than 50%. That means they are shelling out more than $1,135 a month!
If your debt to income ratio is over 50%, it is high time to speak with a debt consolidation professional in Lakeview, TX.
Debt Consolidation Regulations
You should not sign up with any Lakeview TX debt consolidation organizations that charge signup service fees, refuse to give fundamental specifics or savings necessary for consolidation to begin, or require you to open a bank account at a bank or investment company that’s not FDIC insured.
You should always investigate any Lakeview debt consolidation company prior to enrolling, and for additional information, read this directory of articles on the FTC’s website: In Debt?.
Payday Loan and Credit Card Consolidation Programs: Lakeview, TX
- Texas Debt Consolidation Company? Contact us to be listed.