We connect consumers with Lansing debt consolidation consultants whose goal is to:
- Lower their payments
- Bring down their rate of interest
- Minimize creditor calls
With a credit counseling agent in Lansing, IL, you can combine your credit balances within a debt management program, or DMP. Your counselors will try to obtain benefits from your creditors, such as:
- Cheaper Interest Levels
- Forgiven Fees
- Lower Monthly Payments
Consolidation may also mean personal loans that replace your credit card debt with debt guaranteed by some type of asset.
Why don’t we connect you with a respected Lansing, IL debt consolidation company.
Lansing (IL) Debt Management Programs
Do you want to repay what you owe in fewer months, with more affordable interest rates and penalty charges? Then you may want to take part in a debt management plan. Debt management plans, normally provided by a credit counseling agency, make it easier to repay your credit card providers in full through just one payment amount, in addition to more affordable interest levels, installments, and penalty fees. More often than not your card companies or payday lenders starts offering these perks after you get in three successive repayments.
If you’re searching for a debt consolidation company in Lansing, IL, this is among the least expensive solutions. Getting started should cost less than $70, and monthly fees $25-40.
Debt Consolidation Loans in Lansing, IL
The funds borrowed under a debt consolidation loan are used to pay back your credit card accounts at a lower rate of interest.
Instead of delivering checks to a multitude of creditors on a monthly basis, you’ll have your monthly loan payment.
Many people aim to repay they debts they’ve accrued using a home equity loan, since there are tax advantages. However, since this kind of loan is secured against your home, the bank or lender could end up with your home if you are past due on your payments.
Talk to a debt consolidation professional to check which debt relief strategy is ideal for you.
Payday loans have been growing in popularity due to the economic crisis. Of the 28,950 residents of Lansing, we estimate that 1,505 apply for and receive one or more payday advance a year. Lamentably, approximately 1,144 of these consumers end up getting at least one more of these short-term loans – we’re talking around 3 in every 4 payday customers!
Are you past due on one or more payday advances? No worries, we can help you find payday loan consolidation services in Lansing, IL,.
Are you ready to consolidate your Lansing payday loans?
When to Consolidate Your Debt
In an ideal world, approximately 33% of your monthly income will be allocated toward repaying debts. These debts encompass credit cards, automobile/student/payday loans, and rent or home loan payments. Consider how this works for a typical consumer in Lansing, IL:
- Annual Income: $47,671
- Income Per Month: $3,973
- Ideal Debt Load: $1,430
- Serious Debt Load: $1,987
Of the 28,950 residents of Lansing, 2,427 can only afford the minimum monthly payments. Are you one of them?
Debt Consolidation Programs: Lansing (IL)
- Mortgage Advisors Inc., 1030 Dixie Hwy, 60438