We connect our clients with Bellevue debt consolidation specialists who help them:
- Lower their monthly payments
- Lower or freeze their APR rates
- Limit collection agency calls
For your free debt consultation, just submit this easy form. You’ll be on the way out of debt in less than a day.
The number of people with a variety of active credit cards and several late payments is staggering. Washington Debt Consolidation may be able to help. When it comes to debt consolidation, Bellevue consumers generally elect to combine their credit card and/or payday loan debts within a debt management plan. This sort of debt consolidation provides quite a few advantages:
- Lower Payment
- Decreased Rates
- Waived Penalties
Furthermore, DMP’s are one of the most economical strategies for consolidating credit debt in Bellevue, WA. Sign up should cost approximately $70, and monthly fees $25-40.
Bellevue (WA) Debt Consolidation Loans
When you have a good credit rating, you can probably obtain a debt consolidation loan to repay your credit card debt. Instead of delivering payments to various credit card providers each month, you will only have your monthly debt consolidation loan payment.
In order to take full advantage of a debt consolidation loan, you need to obtain low interest rates, which takes excellent credit. Is a debt consolidation loan a good idea?
Debt Consolidation Loan or Debt Management?
|Questions||Debt Management||Home Equity Loan|
|One Monthly Payment?||Yes||Yes|
|Good Credit Required?||No||Yes|
|Overall Debt Reduced?||No||No|
|Interest Levels Minimized?||Yes||Yes|
|Detrimental to Credit Ratings?||No||No|
|Collectors Quit Phoning You?||Somewhat||Yes|
|Valuable Asset Required?||No||Yes|
|Risk of Foreclosure?||No||Yes|
|How Much Time?||3-6 Years||10-15 Years|
|Preferable to Bankruptcy?||Yes||Yes|
To decide which option would fit your needs, we suggest you seek the advice of an experienced debt consolidation professional.
Debt Consolidation vs Debt Settlement: Bellevue, WA
Many consumers confuse debt settlement and debt consolidation. Debt settlement results in a percentage of the debt basically being pardoned.
Check out the table below to decide which approach suits you best.
|Question||Debt Consolidation||Debt Settlement|
|Single Payment Amount?||Yes||Yes|
|No Cost Credit Counseling Available?||Yes||Yes|
|Credit Balances Reduced?||No||Yes|
|Lower Rates Of Interest?||Yes||No|
|Damaging to Credit Scores?||No||Yes|
|Collectors Forced to Stop Phoning You?||No||No|
|Valuable Asset Required?||No||No|
|Works with Hospital Bills?||Yes||Yes|
|Works with Community Property Debt?||No||No|
|Suitable for Cash Advance Loans?||Yes||Yes|
|Appropriate for Small Business Debts?||Yes||Yes|
|Appropriate for Modest Debts?||Yes||Yes|
|Can Creditors Sue You?||Yes||Yes|
|Better Than Bankruptcy?||Yes||Yes|
|Undesirable Tax Repercussions?||No||Yes|
|Must Sign an Agreement?||Yes||Yes|
To decide which option would meet your needs, we recommend you request a debt consultation – free of cost!
Debt Review: Bellevue, WA
Let’s look at the optimum monthly debt for the average Bellevue consumer:
|Annual Income||Income Monthly||Ideal Monthly Debt||Severe Debt Load|
Debt load in excess of 50%? If so, you really should speak to a debt consolidation specialist in Bellevue, WA.
- American Home Lending, 411 108th Ave NE, 98004
- Apex, 15375 SE 30th Pl, 98007
- Ecredit Solution.com, 4107 124th Ave SE, #904, 98006
Debt Collections Agencies: Bellevue (WA)
One of the hardest aspects of being in debt is dealing with debt collectors. Often, letters and calls will be reduced once you enroll in a Washington debt consolidation plan.
- Financial Assistance, Inc., 10 148th Ave NE, 98007-4947
- Industrial Credit Service, 3150 Richards Rd Ste 102, 98005-4446
- Landmark Recovery Services, 777 108th Ave NE, Suite 1670, 98004
- Rainier Collection Services, Inc., 1605 116th Ave NE Ste 209, 98004-3034