Of the 216,010 people in Durham, 18,106 can hardly afford their minimum credit card payments. Does that sound like you? Debt consolidation is a professional, reasonably-priced solution for people with more than $10K in unsecured credit card debt.
Ordinarily, Durham debt consolidation means working with a credit counseling agency in Durham, North Carolina to register for a debt management plan. Your credit card issuers must agree to this type of plan. Usually the card issuers compensate your debt consolidation professional according to a percentage of the debt you pay back, which helps to minimize the monthly fees for you. Debt consolidation could also mean applying for a separate loan to pay off your debts. Are you ready to get rid of debt? Locate a debt consolidation agency in Durham, NC. It’s free!
Durham (NC) Debt Management Plans
Do you want to pay back your credit card debt in less time, with lower interest rates and bank charges? If so, you may want to sign up for a debt management plan.
This DMP provides many benefits:
- Lower Monthly Payment
- More Affordable Apr’s
- Fewer Late Fees
In addition, debt management plans are one of the least expensive ways to consolidate credit and payday loan debt in Durham, NC.
Durham, NC Debt Consolidation Loans
A debt consolidation loan may reduce your financial outlay in the end simply because unsecured bank loans and home equity loans ordinarily have more affordable interest rates than credit cards. Advocates of debt consolidation loans point to several advantages, which include combined monthly payments, hardly any calls from collections agencies, and more affordable rates of interest.
In order to benefit from a debt consolidation loan, you’ll want to obtain highly affordable annual percentage rates. This means you need to have excellent credit. Wondering if a debt consolidation loan is best for you?
Durham, NC Payday Loans Consolidation
The exorbitant rates of interest associated with payday loans in Durham, NC, mean that payday debt increases rapidly. As many as 11,233 residents of Durham get payday cash advances fairly often, and about 4,942 of these debtors are not able to pay off these cash advance loans. That’s quite a lot of folks who may need to consolidate their Durham payday loans!
Thankfully, we can help you find a payday loan consolidation business in Durham, NC, who can consolidate your payday loans with a smaller payment per month, field telephone calls from lenders, and decrease the excessively high interest charges you can expect from payday loans.
Do you need to learn more about payday lending laws in North Carolina? Check this page NC payday laws.
Debt Assessment: Durham, NC
If at all possible, the amount of debt you owe each and every month will account for approximately 1/3 of your earnings. These debts include credit cards, loans, and rent or home loan payments. Let’s consider what this means for the average resident of Durham, NC:
- Annual Income: $27,131
- Income Monthly: $2,261
- Optimal Debt Load: $814
- Serious Debt Load: $1,131
Does it feel like you’re all alone, struggling with debt? You are not. In fact, we believe that 18,106 of Durham’s 216,010 residents need help with debt.
Debt Consolidation Agencies in Durham, NC
- ClearPoint Financial Solutions Inc, 4030 Wake Forest Rd, 27703
- Consumer Credit Counseling Service Of Durham, 315 E Chapel Hill St, 27701
- Debt Elimination, 307 Kendall Dr, 27703
- Diversified Mortgage Investors Group, 20 Fashion Pl, 27705
- Wootton, Clyde A – Wootton & Wootton, 3200 Croasdaile Dr, #Dr-504, 27705
- Foreclosure Help NC, , 27509
- Durham Foreclosure Help, , 27509
- Law Offices of John T Orcutt, 1738 Hillandale Rd, 27705
- Heartland Payment Systems, , 27503
- Selah Enterprises, Incorporated, , 27503
- The Financial Fundamentals Group, 800 N Mangum St, 27701
- NC Credit Repair, , 27503
- Consumer Credit Counseling Service, , 27503