Have you been struggling to repay what you owe? In this case, you should enlist the services of a credit counselor in Lewisville, TX. Here at TX Debt Consolidation, we match our users to reputable credit counseling agencies in Lewisville, TX.
Credit counseling agencies can help people in debt develop a comprehensive blueprint for reducing debt and boosting credit ratings.
There are 170,932 people residing in Lewisville, TX, and it’s believed that 6,304 may need credit counseling.
Evaluating Your Debt
If your ratio of debt to income is higher than 50%, don’t delay; speak with a credit counselor in Lewisville as quick as possible. For the average Lewisville consumer who’s got a salary of $55,984 yearly, this is $2,333 or more each month.
Debt management plans, also known as DMP’s, are often linked with with credit counseling. With a DMP, your Lewisville TX credit counseling agency may able to get you reduced annual percentage rates and better terms from your creditors.
Under a debt management plan in Lewisville, TX, your credit counseling service will carry out payment to your creditors every month. All you need to do is provide them with the fixed payment on a monthly basis.
Just remember, zero debts are waived as part of credit counseling. Even though a debt settlement would lower what you have to pay back, it may devastate your FICO score.
Choosing a Credit Counseling Company in Lewisville, TX
So long as you are dealing with an established company, credit counseling can really help. Believe it or not, the Federal Trade Commission now demands it for those who want to file bankruptcy, but beware of any credit counselors in Lewisville that say they are able to:
- Put an end to all calls from collectors
- Get rid of negative items from your credit report
- Eliminate collateralized debts
- Get you out of debt by means of some government program
- Impose a fee ahead of time for their expertise
Please remember that nonprofit status does not always mean that a credit counseling firm is reputable, and vice versa.
Credit counseling will not eliminate the existing debt. Fortunately, your creditors may waive service fees and lessen rates if you take part in a debt management plan. A short assessment of your finances is required to supply you with an exact savings estimate.
Non-Profit Credit Counseling Service: Lewisville, TX
The NFCC (National Credit Counseling Foundation) is the leading network of non-profit credit counseling firms in Texas. Affiliated offices are typically called CCCS, or the Consumer Credit Counseling Service. A Consumer Credit Counseling Service in Lewisville, TX, will normally be:
- A Not For Profit
- An NFCC Affiliate
- Certified by the HUD (Department of Housing and Urban Development)
- Member of the BBB
More often than not a CCCS firm will make available not only consumer credit counseling, but also:
- Pre/Post Bankruptcy Credit Counseling for Lewisville Residents
- Housing Assistance
- Credit File Evaluations
- Money Management Courses
To find the nearest CCCS agency in Lewisville, TX, please check the list of agencies we offer. On the other hand, you can head over to www.DebtAdvice.org.
Credit and Debt Counseling Agencies: Lewisville, TX
- Consumer Credit Counseling Service of North Central Texas Inc, 1165 S Stemmons Fwy, 75067
- First American Debt Solutions Inc, 217 S Stemmons Fwy, 75067
- David Shuster, Attorney at Law, 860 Hebron Pky, #402, 75057