Debt Relief

Credit Counseling: Paris (TX)

Did you know you may be able to become debt-free in 3-5 years?

We have partnered with top-rated debt management and credit counseling companies to get you the help you’re looking for.

Paris credit counseling specialists can help people in debt create an effective blueprint for decreasing debt and repairing credit scores.

>> Get Your Free Credit Consultation!

Lenders want to know how much comes in, how much goes out? There are criteria that will tell you where you’re at debt wise. Why don’t we consider several data based on earnings of $23,039 yearly, Paris’s average:

  • $691 (36%): Perfect
  • $691 to $826 (36-43%): Okay
  • $826 to $960 (43-50%): Cause for Concern
  • $960 or more (50%): Extreme

Paris (TX) Debt Management Programs

Debt management plans are practically interchangeable with credit counseling. If you participate in a debt management program, your Paris TX credit counselor may able to work out decreased interest levels and better terms from the firms you borrowed from.

You won’t need to speak with your creditors, as your credit counseling expert will take care of this aspect.

Credit Counseling Paris TX

Credit counseling and debt management is not supposed to have a long term adverse effect on your credit rating, as Fair Isaac has said they don’t take into account these programs when determining your ratings, but creditors may be hesitant to approve you for new vehicle or property loans if you are benefiting from the services of a credit counseling consultant in Paris, TX.

How to Avoid Credit Counseling Shams: Paris, TX

Credit Counseling Paris TX

As a program, credit counseling has been recognized by the Federal Trade Commission (FTC) and other government bodies. Of course, professional credit counseling agencies typically feature:

  • Qualified Advisors
  • Legit References
  • Straight Answers to Any Questions
  • Cost-Free Advice (DMPs do cost money)

Remember that being a non profit isn’t going to always mean that a credit counseling organization is bonafide, and the other way around. It goes without saying, we can assist you in finding an appropriate credit counseling or debt relief option based on your distinct situation.

>> Get Your Free Debt Analysis Now

If your credit card companies accept your Paris credit card counseling agency’s DMP, you’ll profit from reduced rates, penalty fees, and lower monthly payments. Credit counseling saves you money and time. Find out more today.

The Cost of Credit Counseling: Paris, TX

Credit Counseling Paris TX

Credit counseling agencies are not allowed to charge upfront fees by the FTC.

How much does a debt management plan cost? In most cases $25-30 each month, coupled with an initial fee of less than $90.

How much will your payments be? Usually 2.5% of your total debt.

Below is a table showing you how much we’re talking about, based on varying amounts of unsecured debt.

Debt 2.1% 2.5%
$5000 $105 $125
$25,000 $525 $625
$30,000 $630 $750
$35,000 $735 $875
$55,000 $1155 $1375
$70,000 $1470 $1750
$85,000 $1785 $2125

Credit Counseling and Bankruptcy: Paris, TX

Bankruptcy Credit Counseling Paris TX

It’s estimated that 70 of Paris’s 33,972 residents have been forced turn to bankruptcy. As dictated by law, you must enroll in a credit counseling program before you can actually declare bankruptcy. The program has to be within half a year of when your filing date.

The process can be in person, on the phone, or over the internet.

Not every non profit credit counseling service is approved. For an approved list of approved Texas credit counseling programs, please click here, and you can converse with a seasoned credit expert by submitting this form.

Credit and Debt Counseling in Paris, TX

  • Consumer Credit Counseling Service Of North Central Texas Inc, 2600 Lamar Ave, 75460