Did you know it may be possible to pay off your debts and get your life back on track in 3-5 years?
We have partnered with leading credit consultants companies to get you the debt relief you need.
These days, a good number of credit counseling firms in West Jordan are non-profits who are funded at least to a certain extent through kickbacks” from the credit card providers. What this means is a lot of credit counseling agencies are easy on the budget.
Debt for West Jordan Residents: When is it Excessive?
On average, people in West Jordan earn $37,026 per annum. Ideally, a consumer who earns $3,086 monthly ought to carry debts of at most $1,111 monthly. This is 36 percent of their before-tax income.
If you earn $3,086 monthly and are paying out at least $1,327 (43%), you’re in trouble. You wouldn’t be alone, as a great number of West Jordan residents we assist spend more than half of their income ($1,574) on such costs.
An essential part of credit counseling is debt management. As part of a DMP, your West Jordan UT credit counselor may able to secure less expensive interest rates and fees from the creditors you’re paying back.
Your credit counseling agency will deal with your creditors directly.
Credit counseling and debt management should not have a lasting adverse influence on your credit rating; then again, credit firms may be reluctant to lend you new car or property loans when you’re participating in a DMP. Not surprisingly, they may determine that you already owe too much to tackle a new loan.
How to Avoid Credit Counseling Shams: West Jordan, UT
If you find an experienced organization, credit counseling can be very effective. In point of fact, the Federal Trade Commission now requires it for those declaring bankruptcy, but be wary of any credit counselors in West Jordan that claim they’re able to:
- Eliminate all calls from collection agencies
- Delete unfavorable items from your credit report
- Get you out of debt through some government program
- Ensure the removing of credit card debts
- Keep credit card issuers from suing you
- Charge a fee ahead of time for their products and services
To learn more, read this FTC article on the subject.
Naturally, at Debt Consolidation Utah, we can help you find the most suitable counseling or debt relief solution according to your unique needs.
While credit counseling doesn’t cut down your debt, you can save a lot of money with decreased interest and fewer fees.
Let a highly trained credit expert examine your finances and provide you with a quote for how much you could save.
Consumer Credit Counseling Service in West Jordan (UT)
Founded more than 60 years ago, the National Credit Counseling Foundation, or NCFF, is the premier network of not for profit credit counseling organizations in Utah. Network members are generally recognized as CCCS, or the Consumer Credit Counseling Service. In West Jordan, Utah, a Consumer Credit Counseling Service will usually be:
- Not For Profit
- NFCC Affiliate
- Certified by the Dept. of Housing and Urban Development (HUD)
- Have CCCS in their Domain Name
In most cases a CCCS agency will make available not only non profit credit counseling, but also:
- Bankruptcy Credit Counseling for West Jordan Residents
- Housing Assistance
- Credit Score Reviews
- Financial Sessions
Generally, non profit credit counseling in West Jordan, UT, does not always mean no charge. To find the CCCS agency that’s closest to West Jordan, UT, reference the list of firms we’ve published. On the other hand, you can drop by www.DebtAdvice.org.
Credit Counseling and Debt Counseling: West Jordan (UT)
- The Uinta Financial Group, 3365 Millerberg Way, 84084
- A American Credit and Debt Counseling Service, 2819 W 7800 S, 84088