Debt Consolidation: Clanton (AL)

AL Debt Relief

Debt Consolidation Loans Clanton AL

We can help you combine your credit debt into one easy payment each month. When it comes to debt consolidation, you will repay 100% of what you owe, but you’ll enjoy a much easier payment program, as well as less harassment from collections agents.

We can quickly put you in touch with a respected Clanton debt consolidation company.

Debt Consolidation in Clanton AL

The leading type of debt consolidation in Clanton, AL, means working with an expert to manage debt through a specialized program.

A DMP has a lot of benefits:

  • Single Payment
  • Cheaper Interest Levels
  • Less Late Fees

Furthermore, these programs are usually pretty reasonably priced:

  • Registration: $75 or less
  • Monthly Fee: $25 to 35

Clanton AL Debt Consolidation

Clanton (AL) Debt Consolidation Loans

Should you apply for a debt consolidation loan in Clanton, AL, the funds are used to repay your existing credit cards. You still have to repay the loan, but the annual percentage rate will probably be a lot more affordable.

The great number of payments you were making to various creditors will be combined into one single monthly installment – your Clanton debt consolidation loan’s payment.

A lot of consumers aim to pay down they debts they’ve accrued using a home equity loan, seeing as there are tax benefits to doing so. But remember, as this sort of loan is secured against your home, the bank or lender could end up getting your home if you aren’t making your payments.

Is a debt consolidation loan best for you?

Clanton, AL Payday Loans Consolidation

Because of the economic crisis, many more Americans have been taking out payday loans. Of the 17,968 residents of Clanton, we estimate that 934 end up with one or more payday advance a year. Unfortunately, around 710 of these consumers are re-borrowing on the original amount. What percentage is that? We’re talking more than 3 in 4 borrowers! Thankfully, there are Clanton AL payday loan consolidation firms that can:

  • Scale back outrageous payday loan APR.
  • Decrease payday lender calls.
  • Combine multiple cash loans.
  • Create a strategy for payment.

Are you ready to consolidate your Clanton payday loans?

>> Get Your Free Payday Consolidation Consultation

Do You Need Debt Consolidation?

Debt Consolidation Loans Clanton AL

In an ideal world, around 33% of your income will be invested in repaying what you owe. These debts incorporate credit cards, loans, and rent or home loan repayments. Consider how this works for a typical consumer in Clanton, AL:

  • Income Per Year: $33,664
  • Per-Month Income: $2,805
  • Optimal Debt Load: $1,010
  • Excessive Debt Load: $1,403

Do you have at least $10K in unsecured debt? If that’s the case, you really should speak with a debt consolidation expert near you.

Debt Consolidation Regulations

In accordance with the FTC, any Clanton, AL debt consolidation consultant must give you the following information before you enroll in their program:

  • Signup and fees each month.
  • How long their program takes.
  • The amount that you have to save before they’ll contact each creditor.
  • The negative effect on your credit score.

You should definitely investigate any Clanton debt consolidation firm before signing up. To read more, read these FTC recommendations.

Payday Loan and Credit Card Consolidation Companies: Clanton, AL

  • Price Phillip A, 1701 7th St N, 35045
  • Backus & Gil LLC, 472 South Lawrence Street Suite STE, 35045

Debt Consolidation Clanton AL