We work with leading debt management and credit counseling companies to help you get the debt relief you’re looking for.
Decatur credit counselors will educate you, the consumer, on ways to manage your money, resolve your current financial troubles, and prepare for your financial future.
Lenders want to know how much you make compared to how much you owe. This is the most crucial thing. Figuring this out is very simple.
Debt Counseling Plans in Decatur, AL
Managing debt is practically synonymous with credit counseling. With a debt management program, your Decatur AL credit counselor may able to get you cheaper rates of interest and fees from your credit card companies. Your credit counseling agent will handle your creditors directly.
Credit Counseling versus Other Available Choices
Credit counseling and debt management typically doesn’t decrease your credit score in the end, as Fair Isaac has said they don’t look at these kinds of plans when they compute your rankings, but finance companies may be hesitant to lend you a new home or auto loan if you are working with a credit counseling specialist in Decatur, AL.
Choosing a Credit Counseling Firm in Decatur, AL
Assuming that you hook up with an established organization, credit counseling can really help. Believe it or not, the FTC now mandates it for those declaring bankruptcy. But beware of any credit counselors in Decatur that claim that they are able to:
- Halt all calls from collection agencies
- Reduce collateralled debt
- Stop credit card companies from taking legal action against you
- Impose a fee in advance for their solutions
Don’t forget that being a nonprofit doesn’t necessarily mean that a credit counseling agency is honest, and for-profit doesn’t signify they’re disreputable. If you call us today for a free assessment, you can be more confident that you are dealing with one of the more legitimate debt management firms in Decatur, AL.
Credit counseling saves you money because creditors who participate lower payments, APR’s, and late fees.
To see exactly how much a DMP could save you, you need to speak to an experienced Decatur credit counselor – right now!
The Cost of Credit Counseling: Decatur, AL
How much will a debt management plan cost? In most cases $25-30 per month, plus an initial fee of roughly $90.
With a debt management program, the money you spend each month paying off your credit card debt will likely be equal to the minimum payment on your credit cards (usually 2.5%).
Bankruptcy Counseling: Decatur (AL)
More and more Decatur residents have been entertaining the idea of bankruptcy. There are 60,984 people living in Decatur, AL, and it’s estimated that 388 have turned to bankruptcy.
As required by law, you must sign up for a pre-bankruptcy Decatur credit counseling course before you can file for bankruptcy. The session needs to be within 180 days of when your filing date.
The process can be held:
- One On One
- On The Phone
Keep in mind that you will be required to participate a credit counseling program post bankruptcy to boot.
Credit Counseling and Debt Management: Decatur, AL
- Zingarelli John Attorney at Law, 215 Moulton St E, 35601
- A American Debt Consolidation, 710 6th Ave NE, 35601
- Consumer Credit Counseling Service, , 35615