AR Debt Relief

Wisconsin Credit Counseling (WI)

Wisconsin Credit CounselingHave you been drowning in debts or bills? In this case, we can help.

At WI Debt Consolidation, we enable our consumers to get a zero cost, customized debt analysis from a specialist with experience guiding people out of debt.

WI Debt Relief

An expert credit counselor in Wisconsin can coach you on ways to manage your money, take care of your current financial complications, and pay off your debt.  There are 5,686,986 people residing in Wisconsin, and we estimate that 209,741 can no longer afford their revolving credit payments on a monthly basis.

Managing Debt in Wisconsin

Is your debt to income ratio more than 50%? If that’s the case, don’t delay; seek professional assistance as quick as possible. For the average Wisconsin consumer who has an income of $3,171 a month, this is more than $1,586 per month.

Have you got more than $10,000 of credit card debt or have monthly payments for rent, loans, or credit cards that take up more than 50 percent your income? You might need to sign up for a DMP, or debt management plan.

Why consider a DMP? Because you may take advantage of:

  • Decreased Interest Rates
  • Reduced Debt Collection Agency Phone Calls
  • Single Monthly Payment
  • Faster Debt Payback

You will deliver a single check to your Wisconsin credit counseling agency. They’ll distribute the appropriate percentages to each of your creditors.

Debt Management vs Other Available Choices

Please remember, credit counseling programs can help you clear your debts faster and with a lower APR, but you will always pay off all of your current debts. Although a debt settlement would lower the amount you have to cover, it might kill your credit.

Choosing a Credit Counseling Company in WI

As an industry, credit counseling has been recognized by the Federal Trade Commission (FTC) and other federal regulators, but

be wary of any credit counselors that declare they will:

  • Stop all calls from collectors
  • Reconcile collateralled debt, for instance auto loans
  • Ensure the removal of credit card debts
  • Charge you up-front for their assistance

Please remember, not for profit status does not guarantee that a credit counseling company is legit, and vice versa.  Naturally, at WI Debt Consolidation, we can help you find an appropriate credit counseling or debt relief solution according to your specific situation.

>>Find out How Much You Could Save

How Much Will Wisconsin CCCS Save You?

The amount that credit counseling could save you depends upon your particular financial situation. Fortunately, you may not be required to pay as much on a monthly basis as you have been paying, if your lenders agree to the terms of the DMP.  To determine exactly how much you could save, you need to contact a knowledgeable Wisconsin credit counselor – today!

>>Free Savings Estimate

How Much Does Credit Counseling Cost in Wisconsin?

The Federal Trade Commission restricts credit counseling firms from charging you prior to consolidating your debt.

How much will a debt management plan cost you? Typically $25-$30 a month, on top of an initial fee of less than $90.  How much will your monthly payments be? That depends on your credit balances. Generally 2.5% of the amount you owe.

Post-Bankruptcy Credit Counseling in Wisconsin

The economic downturn hurt everyone, and bankruptcies are up in Wisconsin and across the country.  Wisconsin has 5,686,986 residents, and it’s estimated that 27,070 have been forced resort to bankruptcy.

As dictated by the FTC, you must attend a credit counseling program prior to declaring bankruptcy. This program must be within 6 months of when you file.

Programs can be held:

  • In Person
  • By Telephone
  • Online

The session generally costs $50.

To find approved Wisconsin credit counseling programs, follow the link. Alternatively, you can chat with an experienced debt expert by submitting this form.

Credit and Debt Counseling in Your Town