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Benefits of Debt Consolidation in Abilene, Texas

There are plenty of ways to take back control of your finances. If you’ve been trying to cope with massive debt but can’t seem to find a way to make a dent in what you owe, then get help. Debt impacts your personal relationships, leads to stress, and compromises your freedom. If you want to get rid of your debts, then try various programs for debt consolidation in Abilene, Texas. Here are some of the benefits you can expect: Benefits of Debt Consolidation in Abilene Texas

Lower Monthly Rate

If you don’t have enough cash flow, then consolidating your debt can help you get a lower monthly rate, one that’s easier to handle given your income. However, lenders will consider your credit score and debt-to-income ratio when making offers for a new loan to pay off existing debt.

Lower Interest Rate

Lower rates mean that more of your money goes towards paying off your debts and not the interest. That helps you pay off your debts faster.

Shorter Debt Term

When you consolidate your debt, you may be able to pay off the debt in 4 to 7 years instead of potentially paying off all that money for decades. Credit cards are designed to keep you paying interest for as long as possible.

Ideal for High Interest Unsecured Loans

If you have credit card debt, then a debt consolidation loan may be the best option. However, it isn’t a good fit for those with secured debt like home, car, and student loans because those types of loans will typically have reasonable interest rates.

No Need for a New Loan

If you choose credit counseling in Abilene, Texas, which is a form of debt consolidation, you won’t have to use a new loan. These programs can lower the rates on your existing credit cards and provide one lower monthly payment.

Other Options

Debt consolidation offers plenty of benefits. But it’s not the right option for everyone. If you don’t qualify for this option, talk to us about your other options, like debt relief in Abilene, Texas. Ask us about debt settlement in Abilene, Texas. Learn more about its benefits as a debt relief option and determine how well it suits your needs. These programs can often lower your monthly debt payments but more than half and resolve the debt in as little as 24 to 48 months. That’s one way to determine which financial strategy is right for you. The good news about working with Affordable Debt Consolidation if you live in Abilene, Texas, is we are a Texas-based company exclusively serving fellow Texans. We offer an affiliate platform to shop for the best possible debt consolidation loan with many lender options, credit counseling resources, and their Texas Debt Relief program. Utilizing Affordable Debt Consolidation for Debt Relief is likely to save you up to 40% in fees compared to a similar program from an out-of-state debt relief company.

How to Receive Debt Consolidation in Abilene, Texas

The fastest way to get help is to call to speak with a Texas Debt Specialist now. You may also fill out the form above and one of our Texas Debt Specialists will reach out to provide you with a free and no-obligation consultation for Debt Relief or Debt Consolidation in Abilene, Texas.

Affordable Debt Consolidation Abilene, Texas
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Debt Consolidation Abilene, Texas, Credit Counseling Abilene, Texas, and Debt Relief Abilene, Texas Consultations are Free of Charge with no obligation. Affordable Debt Consolidation is not a lender but offers a platform to receive offers from participating lenders.  Credit counseling clients generally obtain an interest rate between 6% and 11%.  Debt negotiation clients who make their scheduled monthly program payments generally experience approximately a 45% reduction of their enrolled balance before fees over a 24-48 month period, not including any optional and separate services such as legal services provided by a law firm.  Our settlement fees are 15% of the enrolled balance compared to 25% charged by most competitors. Individual results vary based on the ability to fund the program, and the creditors enrolled. Statements made are examples of past performance and are not intended to guarantee that your balances will be reduced by a specific amount or that you will resolve debt within a specific time period. Settlement fees are not charged until a debt is reduced and payment has been made to the creditor. We do not assume consumer debt, make monthly payments, or provide tax or legal advice. We are not a credit repair firm. Please contact a tax professional to discuss any possible tax consequences of paying less than the total balance. Debt Relief programs are exclusively offered to Texas residents. Logos used are property of their respective owners.

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