At Washington Debt Consolidation, we could help you combine your debts into one single monthly payment.
To speak to a debt consolidation expert, please complete this easy form. It’s quick, easy, and free.
Credit Card Debt Consolidation in Lakewood, WA
Nearly every Washington resident has a credit card, and the majority of them don’t pay off their balance on a monthly basis. Washington Debt Consolidation can help. The leading type of debt consolidation in Lakewood, WA, will involve managing debt through a debt management plan.
These plans let you repay your credit card providers fully with just one payment per month, not to mention decreased rates, monthly payments, and extra charges. Almost always your card issuer begins offering these benefits once you demonstrate a history of timely repayments. Also, these kinds of plans are generally quite very affordable.
Lakewood (WA) Debt Consolidation Loans
If you take out a debt consolidation loan in Lakewood, WA, the funds are used to pay off your active credit cards and/or payday loans. You still have to repay the borrowed funds, of course, but the rate of interest will probably be appreciably more affordable. If you get a debt consolidation loan in Lakewood, you should enjoy lower monthly bills and a fewer number of calls from debt collectors, as your old debts will have been cleared.
However, plenty of advisors will tell you that credit counseling is a better alternative. Is a debt consolidation loan right for you?
|Question||Debt Management||Consolidation Loan|
|Single Payment Amount?||Yes||Yes|
|Good Credit Required?||No||Yes|
|Lower Interest Levels?||Yes||Yes|
|Harmful to Credit Report?||No||No|
|Collection Agencies Quit Phoning You?||Hopefully||Yes|
|Must Have Collateral?||No||Yes|
|How Much Time?||3-6 Years||10-15 Years|
|Preferable to Bankruptcy?||Yes||Yes|
To find out which approach would suit you best, we suggest you request a debt consultation.
Lakewood, WA Debt Loads
How much credit debt have you got?
Let’s look at the optimum monthly debt for a typical Lakewood consumer:
|Annual Income||Per-Month Income||Recommended Debt Load||Problematic Monthly Debt|
If your debt to income ratio is higher than 50%, it is time to speak to a debt consolidation professional in your area.
- A American Debt Consolidation, 5919 Lakewood Towne Center Blvd SW, 98499
Debt Collectors: Lakewood (WA)
- None Listed.