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Credit Counseling: Port Charlotte (FL)

Credit Counseling Port Charlotte FL How great would it be if you could decrease your interest rates and eliminate calls from creditors?

We connect you with debt management and credit counseling companies to get you the help you need.

By enrolling with a credit counseling agency in Port Charlotte, FL, you might possibly:

  • Combine Your Monthly Payment
  • Obtain Cheaper Interest Levels
  • Reduce Collection Agency Calls
  • Create a Detailed Monthly Budget

Of Port Charlotte’s 83,336 consumers, it’s believed that 3,073 are unable to afford their revolving credit payments month after month.

>> Get Your Free Debt Estimate – Right Now!

Debt for Port Charlotte Residents: How Much is Too Much?

How much is your debt in total? If you’re having to pay over half of what you earn monthly on rent/mortgage, loans, and credit cards, you’ll want to get a savings quote asap.

An essential component of credit counseling is managing debt. By participating in a debt management plan, you might be able to enjoy:

  • Discounted Rates
  • Reduced Debt Collection Phone Calls
  • Single Monthly Repayment
  • Faster Way out of Debt

Your credit counseling agency will work with your creditors directly.

Credit Card Counseling Port Charlotte FL

Keep in mind that zero debt is waived as part of credit counseling. Debt negotiations may allow you to pay back only 40-60% of your debts; however, it may spoil your credit ratings.

Avoiding Credit Counseling Ripoffs: Port Charlotte (FL)

Credit Counseling Port Charlotte FL

So long as you get a good firm, credit counseling can certainly help. In fact, the FTC now mandates it for people who want to file bankruptcy, but beware of any credit counseling firms in Port Charlotte that advertise they are able to:

  • Halt all collections calls
  • Eliminate guaranteed debts, such as car loans
  • Stop credit card issuers from taking legal action against you
  • Charge a fee ahead of time for their assistance

Bear in mind, being a nonprofit does not necessarily mean that a credit counseling agency is bonafide, and vice versa.

How Much Could Credit Card Counseling Help You Save?

Credit Counseling Port Charlotte FL

The exact amount that credit counseling can help you save depends upon your unique financial situation, but you may not need to pay as much per month as you had been paying, thanks to more affordable fees and interest.

Credit counseling helps save time and money. Learn more today.

The FTC forbids credit counseling services from billing you in advance.

How much does a debt management plan cost you? In most cases $25-30 a month, in addition to a startup fee of roughly $100.

If you can afford to pay off $2.50 of every $100 you owe month after month, you could pay off your debts in around 3.5 years, but only if your credit counseling consultant can freeze your interest rate. With interest, it’s going to take substantially more time.

Below is a table showing you how much this is, given different amounts of debt.

Debt 2.1% 2.5%
$10,000 $210 $250
$15,000 $315 $375
$20,000 $420 $500
$45,000 $945 $1125
$50,000 $1050 $1250
$60,000 $1260 $1500
$65,000 $1365 $1625
$70,000 $1470 $1750
$75,000 $1575 $1875
$80,000 $1680 $2000
$85,000 $1785 $2125
$90,000 $1890 $2250
$95,000 $1995 $2375

Non-Profit Credit Counseling Services: Port Charlotte (FL)

Non-Profit Credit Counseling Port Charlotte FL

Founded in 1951, the NFCC (National Credit Counseling Foundation) is the leading network of not for profit credit counseling services in Florida, and their members are typically often called CCCS, or the Consumer Credit Counseling Service. A Consumer Credit Counseling Service in Port Charlotte, FL, will normally be a nonprofit organization which makes use of the NFCC membership seal. Normally a CCCS agency will offer not only non profit credit counseling, but also:

  • Post/Pre Bankruptcy Credit Counseling for Port Charlotte Residents
  • Housing Counseling
  • Money Management Sessions

Plan to fork out approximately $35 every month.

To locate the nearest CCCS office in Port Charlotte, FL, check the list of Port Charlotte credit counseling firms this site offers. Alternatively, you can check out debtadvice.org.

>> Get Your No Cost Credit Counseling Session

Credit and Debt Counseling Agencies in Port Charlotte (FL)

  • Florida Credit Counseling Company? Contact us!