Are you trying to get your credit back on the right track? In this case, you might want to find a credit counseling firm in Keavy, KY. At Kentucky Debt Relief, we help our visitors discover the Keavy KY credit counseling and debt management options which suit them best.
Perfect candidates for credit counseling have these qualities:
- $3,5000 in Credit Card Debts
- Ability to Allocate $250-$300 Toward Monthly Payments
- Bona Fide Desire to Be Free From Debt
With credit counseling, you will pay back everything you owe on your balances, including interest. This is measurably better for your credit scores in the long run.
We have calculated that 1,035 of Keavy’s 28,074 locals are now late on their monthly payments.
How much do you owe as a whole? For those who are having to pay more than half of your income every month on rent/mortgage, automobile/student loans, and credit cards, you may want to find out how much credit counseling could save you as quick as possible.
What if you’re having to pay $1,068 each month, but you only make $2,135? In that case, your credit counseling consultant will probably want you to participate in a debt management plan or DMP. Why should you enroll in a debt management plan? Because you may be able to enjoy:
- Cheaper APR’s
- Fewer Debt Collection Calls
- Consolidated Monthly Repayment
- Faster Debt Payback
Under a debt management plan in Keavy, your credit counselor will carry out payment to your creditors each month. Pretty much all you have to do is give them the predetermined payment per month.
Finding a Credit Counseling Service in Keavy (KY)
As an industry, credit counseling has been recognized by the Federal Trade Commission and other government regulators, but stay away from any credit counseling organizations that declare that they will:
- Halt all calls from collection agencies
- Settle collateralled debt
- Erase your debt via a new federal program
- Promise the removing of unsecured debts
- Impose a fee in advance for their assistance
For more information, check out this FTC guide on how to choose a credit counselor. You should never work with a credit counselor you can’t depend on. Why don’t we help you find an experienced Keavy credit counseling professional.
How Much Could Credit Card Counseling Save You?
Some folks wrongly assume that credit counseling is pointless because it cannot reduce your overall debt, but they don’t realize that a DMP can decrease your rates of interest – a powerful way to lower your costs. Credit counseling saves you time and money. Find out more today.
Fees Charged By Credit Counseling Services in Keavy, KY
Debt management programs in Keavy are very reasonably priced: $25-35 each month, and the cost is rolled into the amount you pay each month.
If you can afford to pay back $2.50 of each $100 you owe month after month, you could repay your debts in about 3.5 years, if your credit counseling firm can freeze your interest rate. If he can’t, it’ll require a lot more time.
Let’s look at an overview of how much we’re talking about, based on varying levels of consumer debt.
- $55,000 Debt: $1155 to $1375
- $60,000 Debt: $1260 to $1500
- $75,000 Debt: $1575 to $1875
- $95,000 Debt: $1995 to $2375
Credit and Debt Counseling: Keavy, KY
- KY Credit Counseling Service? Contact us!