If you are attempting to find a solid credit counseling company in Owingsville, KY, you are not the only one. Upwards of 222 Owingsville residents are overdue on their credit card payments.
We will get you in touch with a credit counseling expert based upon where you live, unpaid debt, and personal factors. Just think. You could find yourself on the road out of debt before you know it – don’t hesitate!
For the most part, people who sign up for Owingsville credit counseling have the following:
- $3,5000 in Non-Collateralized Debt
- Steady Income
Though credit counseling doesn’t eliminate your debts, it is much better for your credit than debt settlement.
Is your debt to income ratio greater than 50%? If that’s the case, we suggest you look into credit counseling asap. For the average Owingsville resident that has a salary of $2,361 a month, this is more than $1,181 monthly.
An integral component of credit counseling is managing debt. By participating in a debt management plan, you may be able to profit from:
- Cheaper Interest
- Decreased Debt Collection Telephone Calls
- One Monthly Repayment
- Speedier Debt Payoff
You don’t need to talk to your creditors. The credit counseling specialist will take care of this.
Choosing a Credit Counseling Company in Owingsville, KY
Overall, credit counseling and debt management plans have been checked out by the Federal Trade Commission (FTC) and other state and federal bodies. But you must make perfectly sure that your credit counseling organization is reputable. You can do this in many different ways, such as checking their customer feedback, looking at their accreditation status, and checking out their Better Business Bureau page.
For additional information, read this FTC guide on how to choose a credit counselor.
It goes without saying, at KY Debt Relief, we can help guide you to the very best counseling or debt management option according to your unique situation.
How Much Will Debt Management Help Save?
All of your original debt needs to be paid back. However, it can often contribute to decreased payments per month by way of decreased interest and penalties. Are you ready to determine how much credit counseling in Owingsville, KY, could save you?
Pricing Credit Counseling in Owingsville, KY
Debt management programs are very affordable: less than $40 on a monthly basis, and the fee is built into the amount you pay each month.
In a DMP, the money you allot each month to paying off your credit balances is usually equal to the minimum payment on your credit cards (usually 2.5%).
Below is a summary of how much this is, given varying stages of unpaid debt.
- $10,000 Debt: $210 to $250
- $15,000 Debt: $315 to $375
- $20,000 Debt: $420 to $500
- $40,000 Debt: $840 to $1000
- $70,000 Debt: $1470 to $1750
- $75,000 Debt: $1575 to $1875
- $95,000 Debt: $1995 to $2375
- $100,000 Debt: $2100 to $2500
Credit Counseling and Bankruptcy in Owingsville, KY
Have you been entertaining the idea of filing for bankruptcy? You aren’t the only one. It’s estimated that 30 of Owingsville’s 6,026 residents have turned to bankruptcy. As of 2005, anybody in Owingsville who wants to file for bankruptcy protection must first acquire a document proving that they attended a bankruptcy credit counseling course in Owingsville, KY.
The program can be held:
- Face To Face
- By Phone
Keep in mind that you must enroll in credit counseling post bankruptcy too.
For an approved list of approved bankruptcy credit counseling agencies for Owingsville residents, simply click here. On the other hand, you can get hold of an experienced credit specialist by filling out this form.
Credit and Debt Counseling in Owingsville (KY)
- KY Credit Counseling Service? Contact us!