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469-421-9500
Resolve high-interest Credit Card Debt
Resolve high-interest Credit Card Debt
- Our Texas Debt Relief Service offers up to 40% lower performance fees than many out-of-state competitors
- Low monthly program payments with no new loans needed
- Options for reduced interest or negotiated balance reductions
- Call: 469-421-9500 now to ask your Texas Debt Specialist about our $1,000 Visa Gift Card lowest fee guarantee
- Facing a creditor lawsuit? Call us ASAP for affordable assistance.
- Use our affiliate platform to shop Credit Card Debt Consolidation Loans up to $100,000 in Dallas, Texas. Review offers from multiple lenders without a fee or any impact on your credit score.
- Our Texas Debt Relief Service offers up to 40% lower performance fees than many out-of-state competitors
- Low monthly program payments with no new loans needed
- Options for interest reductions or negotiated balance reductions
- Call: 469-421-9500 now to ask your Texas Debt Specialist about our $1,000 Visa Gift Card lowest fee guarantee
- Facing a creditor lawsuit? Call us ASAP for affordable assistance.
- Use our affiliate platform to shop Credit Card Debt Consolidation Loans up to $100,000 in Dallas, Texas. Review offers from multiple lenders without a fee or any impact on your credit score.
Considering Debt Consolidation, Credit Counseling, Debt Settlement, or Bankruptcy in Dallas, Texas?
Debt Consolidation Loans, Credit Counseling. and Debt Settlement in Dallas as Alternatives to Bankruptcy
For many, bankruptcy is considered a last resort. Debt consolidation, credit counseling, or debt settlement in Dallas, Texas, are alternative solutions for individuals who prefer to manage their financial matters privately. These options can be cost-effective and less intrusive than filing for bankruptcy, particularly Chapter 13.
Debt Consolidation Loans in Dallas
If you meet the eligibility criteria, debt consolidation loans can be a great solution to high-interest credit card debt. Local banks and credit unions in Dallas, Texas, offer these loans, which often require a FICO score of 700 to 720 or higher. A FICO score of 740 or higher may be necessary to secure the lowest interest rates. Lenders will also evaluate your income and debt-to-income ratios during the application process. If the lender determines that you are struggling to pay your debt, you could be deemed too high risk to qualify for a debt consolidation loan, even with a good credit score. Lender standards can vary between institutions, so you can use a platform of lenders to shop for the best terms with the lowest rates. Usually, these platforms use a soft pull, which will not affect your credit score. However, the lender will proceed with a hard pull if you accept an offer. A debt consolidation loan is the best option if you need to protect your credit rating, and over time, a debt consolidation loan may even improve your credit. A Texas Debt Specialist with Affordable Debt Consolidation can provide their affiliate platform for lenders to shop for debt consolidation loans up to $100,000.
Credit Counseling in Dallas
Debt consolidation through credit counseling is another way to consolidate debt in Dallas, Texas. Unlike debt consolidation loans, this approach doesn’t hinge on having a high credit score, making it advantageous for those who can’t qualify for a debt consolidation loan. Credit counseling can significantly reduce interest rates, potentially bringing them down to 10% or lower, compared to high-interest credit cards that charge as much as 29.99%. This can provide one monthly payment for the enrolled debt, lower the monthly cost of managing the debt, and allow you to pay it off sooner than minimum payments. The enrolled credit cards will be closed, which may negatively impact your credit score. Affordable Debt Consolidation arranges a free consultation with a non-profit credit counseling affiliate for Texans who want to explore this option.
Debt Settlement in Dallas as an Alternative
Another option for debt relief in Dallas, Texas, is debt settlement. With debt settlement, your debts are paid off one at a time through lump-sum settlements over a structured period, often 24 to 48 months. Programs could be structured longer or shorter, depending on what you can afford, and the term is always an estimate since your actual settlement amounts may be higher or lower than estimated. The advantage of debt settlement is that it focuses on negotiating the balances of your debts rather than the interest rates. Monthly program payments are accumulated in an FDIC-insured special-purpose account, which can be much lower than the required minimum payments on high-interest credit cards. This option should not be considered if you can pay off your debt comfortably. However, if you are falling behind in making payments or expect that you will in the future, it can be the most affordable non-bankruptcy method to resolve the debt. Debt settlement does not make small monthly payments to creditors, so your credit will be negatively impacted when your accounts are delinquent. However, once the debts are resolved, you can start rebuilding your credit profile with the proper steps. Also, no matter the method used to resolve debt, once the debt is satisfied, your debt-to-income ratio should be drastically improved, allowing you much more purchasing power when using credit. Affordable Debt Consolidation’s Texas Debt Relief service is performance-based, meaning fees are not charged until the successful settlement of debts. While most out-of-state debt relief services charge up to 25% of your enrolled debt, Affordable Debt Consolidation’s service charges 15%.
Credit Counseling for Debt Consolidation
Debt Consolidation & Credit Counseling Dallas Texas also offers debt consolidation through credit counseling. Unlike debt consolidation loans, this approach doesn’t hinge on having a high credit score, making it advantageous for those who can’t qualify for a debt consolidation loan. Credit counseling can significantly reduce interest rates, potentially bringing them down to 10% or lower, compared to high-interest credit cards that can charge as much as 29.99%.
Bankruptcy in Dallas
There are two types of consumer bankruptcy- Chapter 7 and Chapter 13. A Chapter 7 may allow you to discharge all unsecured debt in approximately 90 days. You must disclose income and assets and pass a means test to qualify. If you do not qualify for a Chapter 7, you may still have a Chapter 13 repayment plan available as an option. In this type of bankruptcy, the court determines what you will pay back to your creditors, typically over 3- to 5-year. It could be a portion of the debt or the total balance. Chapter 13 is likely to be less expensive than a debt consolidation loan or credit counseling but could be more expensive than debt settlement, and in other cases, it could be less costly. Affordable Debt Consolidation is not a law firm and does not give legal advice. If you are considering this option, talking to a qualified Texas bankruptcy attorney is essential. Fortunately, Affordable Debt Consolidation has a special arrangement with a highly-rated Texas bankruptcy law firm to help make the process of comparing bankruptcy to non-bankruptcy options as convenient as possible.
Debt Consolidation, Credit Counseling, and Debt Settlement in Dallas, Texas: Your Path to Debt Relief
If you’re looking for affordable and effective ways to manage your debt in Dallas and the surrounding areas, learn about your options for Debt Consolidation Loans, Credit Counseling, and Debt Settlement in Dallas, Texas. Affordable Debt Consolidation can help you explore various non-bankruptcy debt relief options tailored to your unique financial situation. Whether you’re struggling with credit card debt, personal loans, or other unsecured debts, you can find a clear path toward financial freedom.
Contact us today at 469-421-9500 to learn more about our debt consolidation, credit counseling, and debt settlement services in Dallas, Texas. Our dedicated team of Texas Debt Specialists are prepared to help you reduce your debt-related stress and achieve your financial goals. Don’t let debt hold you back; take control of your finances and learn more about Debt Consolidation, Credit Counseling, and Debt Settlement in Dallas, Texas.
How to Receive Debt Consolidation in Dallas-Fort Worth, 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 Dallas-Fort Worth, Texas.
Dallas-Fort Worth Debt Consolidation & Credit Counseling and Debt Settlement Options by Affordable Debt Consolidation
- 469-421-9500
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325 North St. Paul Street, Suite 3100,
Dallas, TX 75201
Hours of Operation
- Mon - Sat: 6 AM – 10 PM CT
- Sun: 7 AM - 10 PM CT
Texas Debt Management License
Debt Redemption License
*Debt Redemption’s performance (settlement) fees are 15% versus up to 25% charged by many out-of-state competitors. Affordable Debt Consolidation is not a lender but offers an affiliate platform to receive loan offers from multiple lenders. Clients who are able to remain with the program and resolve all their debts generally experience an approximate 45% reduction of their enrolled balance before our performance fee of 15%, a $9.95 monthly bank fee, and any optional third-party fees. Individual results may vary based on the ability to save sufficient funds, the ability to complete the program, and the creditors enrolled. Statements made are examples of past performance and are not intended to be a guarantee that your debt balances will be lowered by a specific amount or percentage or that you will be debt-free within a specific time period. Settlement fees are not charged until a debt is reduced and payment has been made to a creditor. The use of debt settlement services will likely adversely affect your creditworthiness, may result in you being subject to collections or being sued by creditors or collectors, and may increase the outstanding balances of your enrolled accounts due to the accrual of fees and interest. We do not assume consumer debt, make monthly payments to creditors, or provide tax, bankruptcy, accounting, or legal advice. We do not provide credit repair services. For answers to common questions, please visit our FAQs page. Optional separate legal services may be offered by attorneys or legal plan providers and all associated fees are paid directly to the providers. Please contact a tax professional to discuss any possible tax consequences of paying less than the full balance. Programs are only available to Texas residents. Logos used are the property of their respective owners. Affordable Debt Consolidation is a DBA of Debt Redemption Inc.
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