Has your credit debt been piling up? In this case, a trusted Lehi credit counseling agency might be the answer.
We can connect you to a credit counseling company based upon:
- Your City
- How Much You Owe
To request your no obligation credit counseling evaluation, sign up for a zero cost consultation. You can start getting out of debt today.
Credit Counseling Fundamentals
Why should you enroll in credit counseling? Lehi residents may may profit from:
- Reduced Interest Levels
- Sooner Freedom From Debt
- Only One Payment Per Month
- Minimized Collections Calls
We have calculated that 870 of Lehi’s 23,586 inhabitants are now falling behind on their monthly payments.
Debt in Lehi: When Does it Become Excessive?
If your debt to income ratio is over 50%, don’t delay; find professional help now. For the average Lehi card-holder that has an income of $1,489 a month, this is $745 or more each month.
An essential aspect of credit counseling is managing debt. If you enroll in a DMP, your Lehi UT credit counselor may able to negotiate cheaper rates of interest and better terms from your credit card companies.
Your credit counselor will deal with payment to your creditors every month. Pretty much all you’ll have to do is hand them the agreed payment per month.
Just remember that zero debt is forgiven as part of credit counseling. Even though a debt settlement would cut back your total debts, it may spoil your credit.
Avoiding Credit Counseling Scams: Lehi (UT)
In general, credit counseling and debt management plans have been checked out by the Federal Trade Commission and other governmental authorities, but there are many of methods to make sure that your Lehi credit counseling provider is reputable:
- Inquire about referrals
- View their credentials
- Make certain that your specialist is credentialed
To find out more, look at this FTC article on the subject.
Don’t settle for a credit counselor you can’t put your trust in. Why don’t we assist you in finding a good Lehi credit counseling firm.
How Much Could Debt Management Help Save?
The exact amount that credit counseling can help you save depends on your particular financial situation. However, it does lead to cheaper payments per month through cheaper interest and penalties or fees. Are you ready to discover how much credit counseling in Lehi, UT, will save you?
Though credit counseling is oftentimes cost-free, debt management programs require monthly fees. Signing up for a debt management plan should not cost more than $75, and the fees each month should be approximately $40.
In a DMP, the money you commit each month to repaying your credit balances is usually equal to your minimum credit card payment: 2.5%.
Bankruptcy Counseling: Lehi (UT)
Contemplating filing bankruptcy? You are not alone. It’s estimated that 175 of Lehi’s 23,586 residents have had to file for bankruptcy.
Within 180 days of filing for bankruptcy, you will be required to go through an approved credit counseling program and get a certificate to present in court. You can complete the process:
- One On One
- On The Phone
Don’t assume every not for profit credit counseling service can give you this certificate. To find approved pre-bankruptcy credit counseling agencies for Lehi residents, take a look here, or you can talk with a seasoned credit specialist by submitting this form.
Non-Profit Credit Counseling Service in Lehi (UT)
Created more than six decades ago, the National Credit Counseling Foundation (NCFF) is the premier network of consumer credit counseling agencies in Utah, and their affiliates are usually recognized as CCCS, or the Consumer Credit Counseling Service. In Lehi, Utah, a Consumer Credit Counseling Service will normally be a local non profit firm that’s a affiliated with the National Foundation for Credit Counseling. Generally a CCCS agency will provide more than just credit counseling. They will provide Lehi bankruptcy credit counseling, money management training, and housing assistance. Generally, non profit doesn’t imply free.
To discover the nearest CCCS office in Lehi, UT, have a look at the listing of agencies we’ve provided or utilize the NCFF’s member directory by going here
Credit and Debt Counseling Agencies: Lehi (UT)
- Debt Diet, 2975 Executive Pky, #200, 84043
- Legacy Debt Free, 770 E Main St, 84043