Is debt making you totally stressed? If so, we can help.
We connect you with top-rated debt consultants firms to get you the help you need.
Perfect candidates for credit counseling have steady work, debts in the neighborhood of at least $10,000, and are able to pay off 2.5 percent of their total debt monthly.
Even though credit counseling will not eliminate your debt, it looks a good bit better to future lending institutions than debt settlement programs.
Evaluating Your Debt
If your ratio of debt to income is above 50%, don’t hesitate to find professional assistance right now. For the average Fort Walton Beach card-holder that has earnings of $25,602 a year, this is $1,067 or more a month.
If you have severe debt, your credit counseling professional might have you take part in a debt management plan or DMP. A DMP is a way of consolidating debt, given that your credit card, loan, and other debt payments is consolidated into a single payment. However, no loans are required.
You won’t have to speak to your creditors, since your credit counselor will handle this aspect.
Settling on a Credit Counseling Firm in Fort Walton Beach, FL
So long as you find a reputable organization, credit counseling can be a life-saver. Actually, the FTC now demands it for individuals declaring bankruptcy. But bear in mind, be wary of any credit counseling companies that advertise that they can:
- Stop all calls from debt collectors
- Ensure the removal of unsecured debts
- Charge a fee upfront for their products and services
For more information, read this FTC post on how to choose a credit counselor.
Even though credit counseling doesn’t reduce your debt, you can save a bundle by virtue of more affordable interest and a lot fewer penalties. Want to discover how much credit counseling in Fort Walton Beach, FL, will save you?
Credit Counseling / Debt Management: Fort Walton Beach (FL)
- Kleen Credit, 348 Miracle Strip Pky SW, 32548
- Military Debt Management Agency, 2110 Lewis Turner Blvd, 32547
- Niederlehner, Erich Esquire – Erich M Niederlehner, PA – Bankruptcy Attorney, 13 Memorial Pky SW, #102, 32548