Do you have bad credit and too much debt? In this case, this is a good time to enlist the services of a credit counselor in Wichita Falls, TX.
We work with debt management and credit counseling companies in Wichita Falls to get you the help you need.
Credit counseling has quite a few upsides. These include:
- More Affordable Monthly Payments
- 3 to 5 Years to Debt Freedom
- Hands Off Payment of Cards
Of Wichita Falls’s 108,682 inhabitants, we believe that 4,008 are behind on their credit card payments.
Debt for Wichita Falls Residents: How Much is Too Much?
How much debt do you owe in total? If you are having to pay more than half of what you make each month on rent/mortgage, vehicle/student loans, and credit cards, you’ll want to request a savings quote as quickly as possible.
Do you have more than $10K of medical or credit card debt or have a debt-to-income ratio of 50% or more? Then you might need to register for a DMP, or debt management program. With a DMP, your Wichita Falls TX credit counselor may able to cut a deal for decreased interest rates and fees from your credit card companies. Your credit counselor will work with your creditors personally.
Credit counseling and debt management shouldn’t have a lasting detrimental impact on your credit history; then again, loan companies may be unable to give you new automobile or property loans if you’re currently participating in a debt management program. Since of course, they may determine that you already owe too much to handle a brand new loan.
Choosing a Credit Counseling Firm in Wichita Falls, TX
So long as you are dealing with an honest firm, credit counseling can be extremely valuable. In fact, the FTC now requires it for people who want to file bankruptcy, but you really need to confirm that your credit counseling agency is an honest one. You can do this in various ways, such as checking their testimonials from others, examining whether or not they’re accredited in Texas, and looking at their Better Business Bureau page.
Remember that being a not-for-profit won’t guarantee that a credit counseling business is legitimate, and being for-profit does not mean they are unethical.
How Much Will Credit Card Counseling Help You Save?
Credit counseling is intended to help you save money without ruining your credit, but how much will depend on your finances and creditors
Credit counseling helps save time and cash. Learn more today.
Credit Counseling for Bankruptcy in Wichita Falls (TX)
Entertaining the idea of bankruptcy? You are not alone. We estimate that 224 of Wichita Falls’s 108,682 residents have filed for bankruptcy. Credit counseling is an FTC requirement before filing for bankruptcy. You can do the program in person, over the phone, or online, as long as you acquire the required certificate
Ordinarily, consumer credit counseling post-bankruptcy is also mandatory. To find approved bankruptcy credit counseling services for Wichita Falls residents, click the link, or you can speak to a qualified credit consultant by completing this form.
Credit and Debt Counseling: Wichita Falls (TX)
- Law Office of Gregory A Ross P C, 4245 Kemp Blvd, #308, 76308
- Consumer Credit Counseling Service, 4210 Kell Blvd, 76309
- White, Monte J – Monte J White Law Offices, 1106 Brook Ave, 76301