An increasing number of Park Ridge consumers have been enlisting the assistance of credit counseling specialists in Park Ridge to help them out of debt. Ready to talk with a professional Park Ridge credit counseling agency about a plan of action?
Originally, credit counseling was intended to help card issuers recover money from consumers who were not current on their repayments without having to turn to collection agencies. This means that virtually all credit card counseling programs are quite affordable.
Do you spend more than one half of what you earn on loans, rent, and credit cards? If that’s the case, you need to speak with a credit counselor in Park Ridge immediately. For the average Park Ridge resident who’s got earnings of $6,098 a month, this is $3,049 or more a month.
Debt management programs are virtually synonymous with credit counseling. If you enroll in a DMP, your Park Ridge IL credit counselor may able to work out more affordable annual percentage rates and better terms from your creditors. With a debt management plan in Park Ridge, IL, the credit counseling company will manage paying your creditors each and every month. All you need to do is supply them with one single payment on a monthly basis.
Steering Clear of Credit Counseling Ripoffs in Park Ridge (IL)
If you find an honest agency, credit counseling can be very effective. Believe it or not, the Federal Trade Commission now requires it for people filing bankruptcy in Illinois and across the country, but there are numerous of ways to make certain that your Park Ridge credit counseling program is legitimate:
- Request testimonials
- Examine their qualifications
- Check that your specialist is certified
Keep in mind, being a non-profit doesn’t necessarily mean that a credit counseling service is reliable, and vice versa.
How Much Could Debt Management Help You Save?
The amount that credit counseling could save you is dependent upon your particular financial predicament, but your creditors may agree to waive penalty fees and decrease interest rates if you get involved in a debt management plan. To see just how much you could save, speak to a knowledgeable credit counselor in Park Ridge, IL – today!
Debt Management and Credit Counseling Agencies: Park Ridge, IL
- Metropolitan Tenant Information Services, Incorporated, 950 N Northwest Hwy, 60068