Debt Consolidation: Lexington (KY)

KY Debt Relief

Would you like to consolidate your debts into one monthly payment? If that’s the case, we can find you debt consolidation programs in Lexington, KY, that will help you consolidate your credit card or payday loan debt. By working with a credit counseling service in Lexington, KY, you may be able to consolidate your credit balances into a debt management plan, or DMP. Your debt consolidation service will secure benefits from your creditors, for example:

  • Less Expensive Interest Levels
  • Forgiven Fees
  • Reduced Payments

Consolidation also can infer debt consolidation loans that replace your credit debt with collateralled debt. We can quickly find you a legitimate Lexington debt consolidation organization.

>> How Much Could Debt Consolidation Save You? Find out!

The leading form of debt consolidation in Lexington, KY, means the management of debt through a DMP.

Debt management plans, normally managed by one of the credit counseling agencies in Lexington, KY, enable you to pay everything you owe with just one payment per month, not to mention more affordable interest rates, monthly payments, and fees. Typically your creditor begins offering these perks after you send them three successive payments. If you are searching for a credit card consolidation program in Lexington, KY, this is one of the most inexpensive options, only $25-40 every month.

Debt Consolidation in Lexington KY

Lexington, KY Debt Consolidation Loans

Debt Consolidation Loans Lexington KY

As you probably know, debt consolidation often involves securing a loan to repay your credit card accounts. Advocates of debt consolidation loans emphasize a number of reasonable merits:

  • Reduced Collections Calls
  • Cheaper Rates
  • Consolidated Debt

As your past credit balances will be cleared, your credit scores will not be negatively affected.

In contrast to other Lexington debt consolidation options, you won’t have a coach to guide you through each step as you would have during credit counseling, and your credit card debt won’t be reduced as it is during debt negotiations. When you need to consolidate your debt, you need to contact one of our debt consultants.

Lexington, KY Payday Loans Consolidation

The extortionate rates imposed on payday loans in Lexington, KY, mean that payday debt increases at a surprising rate. Of the 261,388 residents of Lexington, around 13,592 obtain one or more payday advance a year. Alas, close to 10,330 of these individuals have got at least one more of these high-interest loans. That’s simply staggering, is it not? It’s around 3 out of every 4 borrowers! Are you currently late on a number of payday loans? No worries, we can connect you with a payday loan consolidation service in Lexington, KY, who can help you:

  1. Consolidate two or more payday loans.
  2. Bring down inflated payday advance APR.
  3. Formulate a plan for payment.
  4. Lower collector calls.

Would you like to get more information or learn how to submit a grievance against a payday loan company in Lexington? To read more, drop by this website.

Do You Need Debt Consolidation?

How much credit debt have you got? If at all possible, not more than 30% of your income will be dedicated to paying off what you owe. These debts include things like everything you owe, whether secured or not:

  • Credit Cards
  • Any Loans
  • Home Loan Payments

Here’s how this works for the average resident of Lexington, KY:

  • Annual Income: $16,254
  • Per-Month Income: $1,355
  • Ideal Debt Load: $488
  • Serious Debt Load: $678

Is your debt load greater than 50%? Then you really should speak with a debt consolidation specialist in your area.

Debt Consolidation Agencies in Lexington (KY)

  • AAA Credit Counseling Corporation, 151 N Martin Luther King Blvd, 40507
  • Consumer Credit Counseling Service Of Central Kentucky, 2265 Harrodsburg Rd, #303, 40504
  • Integrity Financial Counseling, 2265 Harrodsburg Rd, 40504
  • Check ‘N Go, 393 Waller Ave, 40504