Debt Consolidation Massachusetts

Debt Consolidation – Norfolk (MA)

We help you consolidate credit card and/or payday loan debt into one payment amount.

You’ll find a few specific kinds of debt consolidation strategies: some with loans, some without. In each case, you need to have a steady income source.

Want to become debt free? Find a debt consolidation service in Norfolk, MA. It’s easy!

Debt Consolidation in Norfolk MA

Nearly every Massachusetts resident has a credit card these days, and a lot of them don’t pay off their monthly balance. Thankfully, there are solutions. Of the 877 people in Norfolk in need of some form of debt relief, most would be best served by a debt management plan.

This debt management plan has lots of benefits:

  • One Single Payment Per Month
  • Lowered Interest Levels
  • Waived Late Payment Fees

Also, this is one of the least expensive strategies for consolidating debt in Norfolk, MA. Registration should cost about $70, and fees each month $25-40.

Debt Consolidation in Norfolk MA

Debt Consolidation Loans Norfolk MA

When you’ve got a good credit rating, you might be able to secure a debt consolidation loan to pay off your credit card debt.

Instead of posting checks to various debt collectors every month, you’ll simply be responsible for your monthly installment.

Remember that these types of loans won’t include any of the financial training you’d get from debt management in Norfolk, MA. Speak with a debt consolidation specialist to figure out which strategy will be right for you.

>> How Much Could Debt Consolidation Save You? Let’s See!

Debt Consolidation vs Debt Settlement: Norfolk, MA

Debt settlement and consolidation are different ways to get out of debt. Debt settlement leads to a percentage of your debt essentially being pardoned.

The table below ought to help you figure out which approach is correct for you.

Question Debt Consolidation Debt Settlement
One Payment Per Month? Yes Yes
Overall Debt Reduced? No Yes
Lower Interest Rates? Yes No
Helps with Delinquent Loans? No Yes
Harmful to Credit Report? No Yes
Debt Collectors Required to Quit Phoning You? No No
Must Have a Valuable Asset? No No
Suitable for Doctors Bills? Yes Yes
Appropriate for Community Property Debts? No No
Works for Cash Advance Loans? Yes Yes
Works for Business-Related Debts? Yes Yes
Appropriate for Small Debts? Yes Yes
Can Lenders File a Claim Against You? Yes Yes
Preferable to Bankruptcy? Yes Yes
Negative Tax Consequences? No Yes
Can Repay One of Many Accounts? Maybe Yes
Signed Contract Necessary? Yes Yes

To find out which alternative fits your needs, you’ll need to request a debt assessment – free of cost!

Do You Need Debt Consolidation?

Are you aware how much credit debt you owe?

Here is the ideal debt load for the average Norfolk consumer:

Annual Income Income Per Month Ideal Monthly Debt Problematic Monthly Debt
$86,153 $7,179 $2,584 $3,590

Is your debt load greater than 50%? If that’s the case, you need to speak to a debt consolidation professional in Norfolk, MA.

  • Massachusetts debt consolidation company? Contact us!

Debt Collection Agencies: Norfolk, MA

Tired of being hassled by Norfolk collection agencies? Debt consolidation usually leads to fewer collection agency calls, since you can ask that your debt collectors contact your consolidation agency directly.

  • None Listed.

Norfolk MA Debt Consolidation