Have your debts been piling up? Well then you may need to enlist the services of a debt consolidation agency in Union, SC.
To get started, just call us or fill out our contact form. Debt Consolidation SC can match you with a debt consolidation company taking into account variables such as:
- How Much Money You Owe.
- Where You Live.
Credit cards have become an expedient way to make payments, but they all too frequently bring about shocking debt. Fortunately, we can help.
Would you like to pay off your debt in fewer months, with less interest and fees and penalties? Then you might want to enroll in a debt management plan.
This DMP has a lot of advantages:
- Lower Payment
- Less Expensive Apr’s
- Forgiven Late Payment Fees
If you are searching for a debt consolidation agency in Union, SC, this is one of the most inexpensive ways to go:
- Registration: $75 or less
- Fee Every Month: $25-40
Union, SC Debt Consolidation Loans
There are two main kinds of debt consolidation loans: unsecured bank loans and home equity loans, of which the latter is most typical.
As opposed to sending checks to several different credit card providers on a monthly basis, you’ll have your monthly debt consolidation loan payment.
Remember, these loans will not include any of the money management instruction you would get from credit counseling in Union, SC. Speak with a debt consolidation consultant to determine which strategy is ideal for you.
|Question||Debt Management||Home Equity Loan|
|One Payment Per Month?||Yes||Yes|
|Good Credit Required?||No||Yes|
|Overall Debt Reduced?||No||No|
|Interest Rates Decreased?||Yes||Yes|
|Bad for Credit Scores?||No||No|
|Collectors Quit Contacting You?||Somewhat||Yes|
|Valuable Asset Needed?||No||Yes|
|Risk of Foreclosure?||No||Yes|
|The Length Of Time?||3-6 Years||10-15 Years|
To figure out which option is right for you, we recommend you request a debt review.
Debt Settlement vs Debt Consolidation in Union, SC
A lot of folks in Union assume that debt settlement and consolidation are the exact same thing, but they aren’t. Debt settlement leads to a real decrease in the debt. However, debt settlement adversely affects your credit rating, and settled debts can be taxed. For that reason, debt settlement is usually suitable for individuals who really cannot pay their regular debts. Creditors may allow a reduced settlement rather than not getting any repayment if the debtor files for bankruptcy.
To decide which strategy meets your needs, we suggest you request an evaluation of your present debt.
When to Consolidate Your Debt
Are you aware how much unsecured debt you’re carrying? In an ideal world, the amount of debt you owe each and every month ought to comprise around 33% of what you make. Such debts encompass both secured and unsecured debts:
- Credit Card Balances
- Car, College, and Payday Loans
- Rent or Home Loan Payments
Consider how this works for a typical individual in Union, SC:
- Income Per Year: $30,736
- Per-Month Income: $2,561
- Optimal Debt Load: $922
- Excessive Debt Load: $1,281
Debt load greater than 50%? If so, you need to contact a debt consolidation professional near you.
Selecting a Debt Consolidation Firm in Union, SC
Unfortunately, the industry has historically been weighed down by unethical firms. However, we help you determine which Union debt consolidation services are the real deal.
In accordance with FTC guidelines, any Union debt consolidation firm has to present you with the following information before you sign up for their program:
- Fee structure.
- How long before they make contact with each lender.
- The amount that you have to save before they will speak with your creditors.
- The unfavorable impact on your credit ratings.
It is downright risky for you to pick a service at random. You’ll want to chat with people who have been clients of particular firms, or request a debt assessment – it’s free.
Consolidation Programs in Union (SC)
- SC debt consolidation company? Contact us!
Debt Collections Agencies in Union (SC)
- None Listed.