At MA Debt Consolidation, we match residents of Quincy, MA, with debt consolidation advisors whose goal is to:
- Combine their monthly payments
- Lower their interest rates
- Lower debt collection calls
To chat with a debt consolidation specialist, please submit our easy web form. We can match you with a debt consolidation firm taking into account factors such as:
- What You Owe.
- Your Location.
Credit Card Consolidation in Quincy (MA)
Credit cards may be a convenient way to shop online and in-store. However they all too frequently lead to enormous debt. Fortunately, you have options. There are as many as 7,378 people in Quincy who could use debt consolidation, and the majority would be best served by a debt management plan.
These plans let you pay back 100% of what you owe in 36-60 months through one easy monthly payment, not to mention decreased interest levels, payments, and fees. Most of the time your creditors begin providing these perks at the behest of your debt consolidation company.
Also, these types of programs are generally rather cost-effective:
- Sign up: $75 or less
- Monthly Fee: $20 to 50
If you have a good credit score, you may be able to obtain a debt consolidation loan to pay back what you owe. Rather than posting payments to a multitude of credit card companies each month, you’ll have your monthly debt consolidation loan payment. When you’ve got adverse credit, this may not be the right solution, because stellar credit is required to obtain this type of loan with favorable rates.
To decide if a debt consolidation loan is the best solution, you need to speak to a service that does debt consolidation in Quincy, MA.
Debt Settlement vs Debt Consolidation: Quincy, MA
Many consumers in Quincy mistake debt consolidation with debt settlement. As opposed to debt consolidation, debt settlement is an intense succession of negotiations that leads to a considerable reduction in your debt.
Of course, debt negotiations like these are bad for your credit rating. And bear in mind that you have to pay taxes on forgiven debts. That’s why debt settlement is generally seen as a substitute to declaring bankruptcy.
To find out which solution would meet your needs, we recommend you request a debt analysis – free of charge!
Quincy Debt Budgeting
Have you figured out how much unsecured debt you’re carrying? In an ideal world, the amount of debt you owe each month will take up approximately 1/3 of what you make. This consists of everything you owe each month, both secured and unsecured:
- Credit Cards
- Auto, Student, and Payday Loans
- Home Loan Payments
Consider what this means for the average individual in Quincy, MA:
- Yearly Income: $36,915
- Income Monthly: $3,076
- Ideal Debt Load: $1,107
- Severe Debt Load: $1,538
Do you owe at least $10,000 in credit card debt? In that case, you need to talk with a debt consolidation consultant in Quincy, MA.
- Consumer Credit Counseling Service, 144 Washington St, 02169
- A American Debt Consolidation, 1259 Hancock St, 02169
- Consumer Credit Counseling, 100 Newton St, 02169
Debt Collection Agencies in Quincy, MA
- Northern Financial Collection Services, Inc., 1147 Hancock St Ste 104, 02169-4343