Debt Consolidation in Houston, Texas, with Debt Relief Plans for 40% Less Than Most Out-Of-State Services

(Ad) If you are struggling with credit card debt or personal loans of $30,000 to $100,000 or more, Affordable Debt Consolidation can provide you with solutions that are exclusive to Texans. You can get a free no-obligation consultation with a Texas debt specialist by calling 800-816-1003 or visiting affordabledebtconsolidation.com. You can learn about the options to resolve your debt, including their Texas debt relief service which costs 40% less than most out-of-state debt relief companies. Contact Affordable Debt Consolidation now to inquire about their lowest-fee guarantee at 800-816-1003 or through their website.

According to Forbes, the average credit card interest rate has climbed to 23.77%, which is causing concern for many Americans who carry a record-breaking $986 billion in credit card debt, as reported by the New York Fed. Texans are no exception and are seeking solutions to rising interest and payments. It is expected that there will be more rate hikes in the coming months, which will further stress many Texas families. Affordable Debt Consolidation, which is based in Texas, specializes in providing solutions exclusively for Texans struggling with $30,000 to over $100,000 of credit card debt or high-interest personal loans.

The first solution to consider is a debt consolidation loan. Affordable Debt Consolidation provides Houston residents with an affiliate platform of lenders to help them find the best loan. By securing a low-interest loan to pay off high-interest credit card debt, you could save money on your monthly payments and protect yourself from future interest rate hikes.

Credit counseling debt management plans are another option to consider when resolving credit card debt without a new loan. After hiring a licensed credit counseling agency, your lenders usually agree to lower your interest. These plans also allow you to make one monthly payment to the credit counselor, who then distributes the money to your enrolled creditors. This is an effective way for many people to save money monthly while resolving the debt faster than making high-interest minimum payments. However, once you enroll in a credit counseling program, you cannot make additional charges on your enrolled credit cards, as this would contradict your goal of eliminating debt.

Debt negotiation or debt settlement is another option for those who want to avoid bankruptcy while saving as much money as possible. Instead of making monthly payments to your creditors, your debts are negotiated and settled one at a time during a delinquent status. Through negotiation, your creditors will typically forgive a substantial portion of your balance. In many cases, it is possible to have a program payment that is less than half compared to your minimum payments, and you may be able to resolve the debt in as little as 24 to 48 months. However, if you are currently paying your debt on time, your credit will be negatively impacted. If you are delinquent or feel that you will fall behind, the savings may be well worth any negative impact on your credit rating, since it is easy to rebuild credit once the debt is resolved. Resolving debt will also improve your debt-to-income ratio which may increase your purchasing power substantially.

If you are struggling to pay your current debt, you should consider whether you need more credit. Non-predatory lenders usually avoid applicants with a high debt-to-income ratio. If you have significant credit card debt, saving several hundred or, in some cases, thousands a month, should allow you to set aside money for living expenses. Once you are out of debt, you should consider investing and earning interest rather than paying interest. You can always get a good credit score back, but you will never recover money lost to interest payments.

When searching for a lending institution to provide a debt consolidation loan, it is more important to focus on finding the best terms rather than the specific lender. While there may be some differences in the quality of services provided by credit counseling companies, debt settlement is a much different service that requires ongoing effort on the part of the company you hire. Your success is highly dependent on the quality of services they provide. Be wary of companies advertising on the internet, as some are "lead generation companies" that may sell your information to an expensive out-of-state debt relief company. Most out-of-state debt relief companies charge Texans high settlement fees. Affordable Debt Consolidation's Texas Debt Relief program provides Texas residents with up to 40% lower settlement fees than most out-of-state firms.

If you are struggling with $30,000 to over $100,000 of debt, you may compare bankruptcy to non-bankruptcy options.

Looking to consolidate your debt? Affordable Debt Consolidation has you covered. They have established a partnership with a highly rated bankruptcy law firm in Texas, making the process easy. The best part? The consultation is free and comes with no obligation.

Not only that, but Affordable Debt Consolidation is also a 100% veteran-owned company, headquartered in Texas, and exclusively serving Texans. If you want to read some client reviews, simply click on the Better Business Bureau logo found on their website, affordabledebtconsolidation.com. Alternatively, you can call their debt relief line at 800-816-1003 and speak to a Texas Debt Specialist, who will be more than happy to provide you with all the information you need. Be sure to ask about their $1,000 lowest debt relief fee guarantee.

Call us at phone: (800) 843-6810

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