We help you consolidate your debts into one single payment each month.
Some programs entail debt consolidation loans, others do not. In both cases, you should repay everything you owe, but you should benefit from a much simpler payment program, as well as few calls from debt collection agencies.
Allow us to get you in touch with a respected Dixon, IL debt consolidation company.
Dixon consumers often choose to consolidate their unsecured debts into a debt management plan.
A DMP has many advantages:
- Only One Monthly Payment
- Decreased Interest Rates
- Forgiven Extra Fees
If you’re looking for a debt consolidation program in Dixon, IL, this is among the least expensive ways to go:
- Registration: no more than $75
- Bill Every Month: $30 to 50
If you obtain a debt consolidation loan in Dixon, IL, the the borrowed amount is used to repay your existing debts. Needless to say, this loan itself must still be paid back.
The wide array of payments you were having to make to various creditors will be transformed into one payment amount – your loan payment.
If you have unfavorable credit ratings, getting approved for a debt consolidation loan in Dixon will be a challenge.
Wondering if a debt consolidation loan is right for you?
If you’re looking to consolidate your Dixon IL payday loans, it’s not just you. The stats are pretty astounding:
- 1,215 Dixon residents obtain at least one payday loan each year.
- 923 people in Dixon secure at least two payday loans a year.
- 534 Dixon residents are past due on at least one payday loan.
Luckily, we work with Dixon IL payday loan consolidation companies.
Would you like to read additional info on payday loan legal guidelines in Illinois? To find out more, explore this page.
When to Consolidate Your Debt
In a perfect world, not more than 33% of your monthly income ought to be invested in paying down what you owe. This encompasses credit cards, vehicle/student/payday loans, and rent/mortgage repayments. Why don’t we see what this means for a typical resident of Dixon, IL:
- Income Yearly: $41,099
- Income Per Month: $3,425
- Recommended Debt Load: $1,233
- Excessive Debt Load: $1,713
Does it seem like you are all on your own, trying to get out of debt? You are not. Truth be told, we have calculated that 1,958 of Dixon’s 23,360 residents are in need of debt relief.
How to Identify Debt Consolidation Fraud
Steering clear of dishonest debt consolidation companies is a snap, if you know the FTC guidelines. Keep clear of any suppliers that charge signup fees, fail to disclose fundamental details or savings needed for consolidation, or expect you to open a savings account at a bank or investment company that’s not FDIC insured.
Stay clear of any debt consolidation consultants in Dixon, IL, that have a record of disreputable conduct, and for more info, review the FTC articles in our blogroll.
Debt Consolidation Providers in Dixon (IL)
- Metzger Rolland Ea, 832 N Brinton Ave, 61021