Is debt stressing you out? If that’s the case, we can help.
Let us match you with a credit professional who can supply you with a free debt evaluation and recommended solution.
Credit counseling for Atlantic Beach consumers has a variety of pros. These include:
- Minimized Monthly Payments
- 3-5 Years to Debt Relief
- Combined Monthly Payments
Debt for Atlantic Beach Residents: How Much is Excessive?
On average, Atlantic Beach residents make $47,869 per year. A consumer who gets paid $3,989 per month should carry debts of just $1,436 each and every month. This is 36% of their income.
If you get paid $3,989 a month and find yourself paying in excess of $1,715 (43%), you’re in trouble. You won’t be alone, as a great many Atlantic Beach residents we see have debt to income ratios of more than 50% ($1,995).
Debt management programs are practically interchangeable with credit counseling. A DMP is a way of consolidating debt, because your monthly payments will be condensed into one monthly payment, but there is no loan necessary. This is different from various other types of debt consolidation in Atlantic Beach, FL that use home equity loans to repay your debts.
You will write one single check every month to your Atlantic Beach credit counselor. They then mail out the proper sums to your creditors.
Picking a Credit Counseling Service in Atlantic Beach, FL
As an industry, credit counseling and debt management plans have been recognized by the Federal Trade Commission (FTC) and other federal authorities. But the truth is, good credit counselors in Atlantic Beach, FL, and across the nation typically have:
- Licensed Counselors
- True References
- Non-Profit Status
- Straight Responses to Any Inquiries
- Gratis Recommendations (DMP’s do have costs)
For additional information, read this FTC guide on the topic.
You should never choose a credit counselor that you can’t trust. Let us assist you in finding a reputable Atlantic Beach credit counseling company.
How Much Could Credit Card Counseling Help You Save?
Keep in mind that credit counseling is a means of managing debt, not reducing it. However, it can often lead to more affordable monthly bills by virtue of lowered interest and penalties or fees.
To determine just how much you could save, consult a trained Atlantic Beach credit counselor – today!
The Federal Trade Commission forbids credit counseling agencies from invoicing you up-front. Debt management plans in Atlantic Beach are very reasonable. They will cost you $25-$3 monthly, and the fee is built into your monthly payment.
How much will your monthly payments be? Typically 2.5% of how much you owe.
Post-Bankruptcy Credit Counseling: Atlantic Beach, FL
Atlantic Beach has 58,023 residents, and around 290 have filed for bankruptcy. Within half a year of declaring bankruptcy, you must attend an accredited credit counseling program and obtain a certificate that must be presented during your bankruptcy proceedings. You aren’t required to go to a local Atlantic Beach credit counselor. Programs are accessible on the internet and on the telephone, as well as personally.
Not every not for profit credit counseling program in Atlantic Beach, FL, can give you this certificate.
Non-Profit Credit Counseling Services: Atlantic Beach (FL)
Nationwide, the biggest nonprofit credit counseling organization is the NFCC. Their network is recognized as CCCS, or Consumer Credit Counseling Service. A Consumer Credit Counseling Service in Atlantic Beach, FL, will usually be:
- Not For Profit
- Part of the National Foundation for Credit Counseling (NFCC)
- BBB Member
Ordinarily a CCCS firm will offer:
- Pre/Post Bankruptcy Credit Counseling
- Home Assistance
- Debt Management Plans
To discover the closest CCCS agency in Atlantic Beach, FL, please have a look at the directory of agencies we provide. If you can’t find any, you can check out the National Foundation for Credit Counseling site.
Credit Counseling / Debt Management in Atlantic Beach, FL
- Florida Credit Counseling Company? Contact us!