At WA Debt Consolidation, we could help you consolidate the money you owe into one single monthly payment.
To speak with a debt consolidation consultant, you can just call us or complete our contact form. We can connect you to a debt consolidation firm considering where you live, your debt profile, and various other variables.
The high annual percentage rates that come with credit cards can result in substantial debt and even bankruptcy. Washington Debt Consolidation may be able to help. In most cases, Moses Lake residents decide to combine their unsecured debts into a debt management program. These programs, ordinarily managed by a credit counseling company, will allow you to pay off your credit card companies in full with just one payment amount. The advantages are huge: less expensive rates of interest, installments, and service fees. Normally your creditors begin offering these benefits because it will cost them more money if you default.
Also, these kinds of plans are typically rather inexpensive.
Debt Consolidation Loans in Moses Lake, WA
Loans for debt consolidation are used to pay off your credit lines and other debts with a more desirable interest rate.
If you get a debt consolidation loan in Moses Lake, you can expect cheaper payments and a fewer number of calls from debt collectors. After all, your former debts will be repaid. As opposed to other Moses Lake debt consolidation options, you won’t learn as much as you from credit counseling, and the amount you owe won’t be slashed as it would be during debt negotiations. To figure out if a debt consolidation loan is a viable choice, it’s best to check with a company that does debt consolidation in Moses Lake, WA.
Debt Settlement vs Consolidation in Moses Lake, WA
So many consumers in Moses Lake believe that debt settlement and consolidation are exactly the same thing, but they aren’t. As opposed to debt consolidation, debt settlement is an intensive process that results in a percentage of the debt actually being forgiven.
The following is a chart which will help you determine whether Moses Lake debt settlement or debt consolidation suits you.
|Question||Debt Consolidation||Debt Settlement|
|One Monthly Payment?||Yes||Yes|
|Zero Cost Credit Counseling Provided?||Yes||Yes|
|Outstanding Balances Reduced?||No||Yes|
|Lower Interest Levels?||Yes||No|
|Helps with Past Due Loans?||No||Yes|
|Bad for Credit Scores?||No||Yes|
|Debt Collectors Forced to Quit Phoning You?||No||No|
|Valuable Asset Needed?||No||No|
|Appropriate for Private College Loans?||Yes||No|
|Appropriate for Physicians Bills?||Yes||Yes|
|Suited to Community Property Debt?||No||No|
|Suitable for Cash Advances?||Yes||Yes|
|Suitable for Business-Related Debt?||Yes||Yes|
|Appropriate for Minor Debts?||Yes||Yes|
|Can Creditors Sue You?||Yes||Yes|
|Better Than Bankruptcy?||Yes||Yes|
|Negative Tax Implications?||No||Yes|
|Can Repay One of Multiple Accounts?||Maybe||Yes|
|Signed Contract Needed?||Yes||Yes|
To find out which strategy fits your needs, you need to request an assessment of your existing debt – it’s completely free!
Moses Lake, WA Debt Analysis
The table below displays the ideal debt load for a typical resident of Moses Lake, WA:
|Yearly Income||Income Monthly||Optimal Monthly Debt||Severe Debt Load|
Debt load greater than 50%? If that’s the case, you need to contact a debt consolidation professional in your area.
- Armada Corporation, 1035 W Broadway Ave, 98837
- Consumer Credit Counseling Service Of Moses Lake, 821 W Broadway Ave, 98837
Debt Collections Agencies: Moses Lake, WA
Even with FDCPA policies, countless debt collectors engage in unethical tactics. Debt consolidation often leads to fewer debt collector calls, because you can request that your debt collectors get in touch with your consolidation consultant instead.
- Central Bonded Collectors, 408 W 4th Ave, 98837-1910