Let us connect you to a debt counseling expert who can give a free debt assessment, savings quote, and affordable debt relief program.
Ideally suited candidates for credit counseling have stable work, credit card debts in excess of $5K, and can repay 2.5% of the money they owe month after month.
With credit counseling, you will pay the full balance owed on your balances, plus interest. This is measurably better for your credit scores in the long run.
How much is your debt overall? If you find yourself forking out over fifty percent of your income monthly on rent/mortgage, loans, and credit cards, make sure to find a credit counselor in Greenville asap.
If you have major debt, your credit counselor could very well recommend that you sign up for a debt management program (DMP). With a DMP, your Greenville AL credit counselor may able to make deals for less expensive rates and fees from your creditors.
You will deliver only one payment to your Greenville credit counseling company, and they will disburse the money among each of your creditors.
Finding a Credit Counseling Company: Greenville (AL)
Provided that you find a reputable firm, credit counseling can really help. Believe it or not, the FTC now requires it for individuals who want to file bankruptcy in Alabama and across the country, but legitimate credit counseling organizations will traditionally present you with:
- 45 to 60 Minutes of Upfront Counseling
- Zero Fees Upfront
- A Tailor-Made List of Action Items
- Certification Credentials
For details, check out this FTC guide on choosing a credit counselor.
It’s hard to say how much money it’s possible to save from credit counseling. Thankfully, your creditors may waive extra charges and lower interest rates as part of a DMP.
Credit counseling helps you save time and cash. Learn more today.
Pricing Credit Counseling in Greenville, AL
Credit counseling firmsnationwide are forbidden from charging upfront fees, according to the FTC.
Enrollment in a debt management plan should not cost more than $100, and the fees each month should be less than $40. How much will your monthly payments be? Typically 2.5% of your total debt.
Consumer Bankruptcy Counseling in Greenville (AL)
There are 14,012 people living in Greenville, AL, and it’s estimated that 89 have resorted to bankruptcy.
As required by law, you must go through a credit counseling course before you’ll be able to file for bankruptcy. The session must be within six months of when you file.
You do not have to pay a visit to your local Greenville credit counseling service for this. Programs can be found online and by phone.
The appointment generally lasts less than two hours, and may cost around $50. However, the charge must be waived if you cannot afford it. For an approved list of approved Alabama credit counseling programs, click on this link, or you can converse with a qualified credit expert by completing this form.
Credit Counseling / Debt Counseling Agencies: Greenville, AL
- Alabama credit counseling firm? Email us!