Debt Relief

Debt Consolidation – Federal Way (WA)

Would you like to consolidate the money you owe into a single payment amount? If that’s the case, you may need to seek the assistance of a debt consolidation firm in Federal Way, WA.

To start, simply fill out this quick form. You can start consolidating your debt right now.

Debt Management in Federal Way, WA

Credit cards can certainly be as dangerous as they are convenient. We may be able to help. Would you like to get rid of debt more quickly, with less interest and penalties or fees? Then you might want to take part in one of the debt management plans in Federal Way, WA.

This debt management plan has lots of advantages:

  • Just One Payment Per Month
  • More Affordable Interest Levels
  • Reduced Late Charges

Additionally, these plans are generally pretty inexpensive.

Federal Way WA Debt Consolidation

Federal Way, WA Debt Consolidation Loans

Debt Consolidation Agencies Federal Way WA

If you’ve got a favorable credit record, you might be able to obtain a debt consolidation loan to pay off your credit balances.

If you get a debt consolidation loan in Federal Way, WA, you should benefit from reduced monthly bills and a lot fewer calls from collections companies, since your old debts will be repaid.

For you to benefit from a debt consolidation loan, you’ve got to secure very affordable rates of interest, which means you need excellent credit.

Have you been wondering if a debt consolidation loan is a good idea?

>> Free No Obligation Debt Assessment!

Question Debt Management Consolidation Loan
One Monthly Payment? Yes Yes
Good Credit Required? No Yes
Reduced Interest Rates? Yes Yes
Adverse Effect on Credit Ratings? No No
Debt Collectors Stop Contacting You? Sometimes Yes
Must Have Collateral? No Yes
Foreclosure Risk? No Yes
The Length Of Time? 3-6 Years 10-15 Years
Preferable to Bankruptcy? Yes Yes

To decide which option meets your requirements, it’s best to speak with a debt professional.

Debt Settlement vs Consolidation in Federal Way (WA)

Debt settlement and consolidation are different ways to get out of debt. In contrast to debt consolidation, debt settlement is an intensive succession of discussions that leads to an actual elimination of part of your debt.

The guide below may help you figure out which approach is correct for you.

Questions Debt Consolidation Debt Settlement
Single Payment Amount? Yes Yes
Results in Debt Reduction? No Yes
Reduced APR’s? Yes No
Harmful to Credit Scores? No Yes
Collectors Have to Quit Phoning You? No No
Valuable Asset Necessary? No No
Works with Health-Related Bills? Yes Yes
Works with Communal Property Debts? No No
Appropriate for Cash Advances? Yes Yes
Suitable for Business Debts? Yes Yes
Suitable for Small Debts? Yes Yes
Can Companies Sue You? Yes Yes
Preferable to Bankruptcy? Yes Yes
Savings Taxed? No Yes

To figure out which alternative would be right for you, you really need to contact a debt professional.

Federal Way, WA Debt Analysis

Are you aware how much credit card debt you have?

Let’s look at the ideal monthly debt for a typical resident of Federal Way, WA:

Yearly Income Monthly Income Optimal Monthly Debt Excessive Monthly Debt
$32,194 $2,683 $966 $1,342

Of the 88,086 credit card holders in Federal Way, 9,689 can hardly afford the monthly minimums. Wouldn’t you like to be debt-free?

Credit Card Consolidation Standards

You should not sign up with any Federal Way debt consolidation companies that:

  • Make you pay up-front
  • Aren’t able to provide testimonials
  • Don’t have accredited counselors
  • Claim their plans will not impact your FICO
  • Assert that federal programs can eliminate your debt
  • Don’t give you how long it will take
  • Misrepresent their results
  • Has a negative BBB (Better Business Bureau) rating
  • As you to open up a savings account at a non-FDIC institution

Avoid any debt consolidation organizations in Federal Way, WA, that have a record of disreputable conduct, and to find out more, take a look at this list of reports on the FTC’s website: In Debt?.

  • Check ‘N Go, 31830 Pacific Hwy S, 98003
  • Reliable Credit, 34233 Pacific Hwy S, 98003
  • Woodstone Credit Union, 1825 S 316th St, 98003

Debt Collections Agencies in Federal Way, WA

  • Alaska Cascade Financial Services Inc., 2005 SW 356th St, 98023-7255
  • Asset Recovery Group of Washington, 33301 1st Ave. Way S.,Suite C130, 98063
  • Olympic Collection Inc., 33710 9th Ave S Ste 4, 98003-6734

Federal Way WA Debt Consolidation