At Florida Debt Consolidation, we make it easier to consolidate all of your unsecured debt into one monthly payment.
To contact a debt consolidation specialist, you can just fill out this convenient form. The process is quick, simple, and hassle-free.
Of the 14,747 people in Lake Worth who need debt relief, most would benefit from a debt management plan more than anything else.
A DMP provides a lot of benefits:
- Single Payment Per Month
- Decreased Interest Rates
- Less Penalty Fees
Additionally, debt management plans are one of the cheapest ways to consolidate credit and payday loan debt in Lake Worth, FL:
- Enrollment: no more than $70
- Fee Every Month: $20-40
Debt Consolidation Loans in Lake Worth, FL
A debt consolidation loan may help to reduce costs in the long run simply because unsecured bank loans and home equity loans normally carry more affordable annual percentage rates than credit cards. The main advantages of debt consolidation loans in Lake Worth, FL, reflect those of a debt management plan:
- Reduced Calls from Debt Collectors
- Increased Convenience
- Cheaper Rate
- Consolidated Debt
- Less Credit Score Complications
When you get a home equity loan, there may be tax benefits. On the other hand, if you fall past due on such a loan, the lender could foreclose on your home.
Speak with a debt consolidation professional in Lake Worth, FL, to check which approach is right for you.
Consolidating Payday Loans: Lake Worth (FL)
A lot of Lake Worth consumers are trying to pay off payday loans from more than one loan creditors. There are 175,939 people in Lake Worth, and it’s estimated that 9,149 obtain one or more payday advance each year. Unfortunately, nearly 6,953 of these consumers wind up getting more than one payday loan. That’s simply shocking, don’t you think? It’s upwards of 3 in every 4 payday customers! Luckily, there are a payday loan consolidation agency in Lake Worth, FL, that will:
- Minimize extortionate cash advance rates.
- Manage collector telephone calls.
- Combine multiple cash loans.
- Create a strategy for repayment.
Would you like to discover more about payday lending policies in Florida? Hop on over to payday loan laws in FL.
Do You Need Debt Consolidation?
Debt consolidation firms in Lake Worth, FL will want to find out how much debt you have that is unsecured. That means it isn’t supported by any collateral. The most typical types of debt are credit cards, payday loans, rent/mortgage payments, doctors’ fees, and department store cards.
In an ideal world, not more than 33% of your income will be allocated toward paying back what you owe. These debts include things like ones that are secured and unsecured:
- Credit Card Accounts
- All Loans
- Mortgage Payments
Consider how this works for the typical resident of Lake Worth, FL:
- Annual Income: $21,613
- Per-Month Income: $1,801
- Ideal Debt Load: $648
- Severe Debt Load: $901
Just how many folks need to get out of debt in Lake Worth, FL? We believe that 14,747 of Lake Worth’s 175,939 residents are in need of debt relief.
Debt Consolidation Fraud in Lake Worth, FL
In accordance with FTC regulations, your Lake Worth FL debt consolidation agency has to provide you with the following information before you join their program:
- Signup and fees each month.
- How long their program takes.
- The amount that must be saved before they’ll make contact with each creditor.
- How their program will affect your credit score.
Avoid any debt consolidation companys in Lake Worth, FL, which have a history of dishonest behavior. To acquire more information, review the FTC guides in our blogroll.
Debt Consolidation Providers: Lake Worth, FL
- PSI & Associates Corporation, 4631 10th Ave N, 33463
- Kelley, Craig I – Kelley & Fulton PA, 1000 Palm Beach Trace Dr, 1665 Palm Beach Lakes Bl, 33462
- Hope for HAMP Incorporated, 243 Poe Dr, 33461
- Williams, Babbit & Weisman, 5255 3rd Rd, 33467
- Trisource LLC, 525 S Flagler Dr, Fl 5th, 33462
- EVOLUTION FUNDING, Incorporated, 2328 10th Ave N, #104, 33461