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Are you a resident of Oregon City who has at least $10,000 of debt? It might feel just impossible to repay your balance, but in reality it’s really not. It’s possible that credit counseling or consolidation is right for you. Details below.

Debt Consolidation in Oregon City, OR

The term debt consolidation spans a range of debt relief methods, all of which geared toward consolidating an assortment of debts into a single payment each month. The benefits are many:

  • Far fewer payments owed every month.
  • More affordable monthly payment amount.
  • Lower interest rate often negotiated.
  • Stop to calls from lenders and collections agencies.

It’s possible to consolidate a wide range of debts, including credit cards, college loans, and cash loans. A certified debt consolidation expert can provide you with more details about which program is ideal for you.

>> Find out How Much Debt Consolidation Could Save You!

Credit Counseling in Oregon City, OR

Credit counselors work as a buffer between you and the companies you owe. They help you pay back all of the debt you owe, but more quickly, comfortably, and inexpensively. In terms of your credit, this is far better than settling a debt, and you won’t be taking out a massive loan. Repairing your credit is a quick way to boost your credit scores, while credit counseling is centered on managing debt, as well as developing better habits. Do you have at least $10,000 of debt or have monthly payments for rent, loans, or credit cards that cost more than 50 percent your earnings? Then you might need to register for a DMP, or debt management program. With a DMP, your local credit counselor should be able to make a deal for decreased rates of interest and fees from your creditors. Your credit counselor will handle payment to the credit card companies each month. All you’ll need to do is hand them the prearranged payment on a monthly basis.

Debt Settlement in Oregon City, OR

With a debt negotiation, you completely stop paying the credit card issuers. Instead, you put funds into a savings account until you have a sufficient amount to pay the amount worked out by your debt settlement agency. In the meantime, your FICO rating will get worse and worse. Keep in mind, declaring bankruptcy would wreck your credit score as well. Debt settlement in Oregon City is not brain surgery, but it is best left to a qualified professional. Although debt settlement can lead to dramatic debt elimination, you should talk to an experienced debt counselor before choosing this option. Isn’t it time to talk about your options with a debt settlement expert?

Debt Settlement Oregon City OR

Oregon City Debt Profile

  • Average Income: $50,888
  • Average Total Debt: $62,592
  • Average Credit Card Debt: $8,651 (High)
  • Average Credit Card Debt: $5,343 (Medium)
  • Average Credit Card Debt: $3,817 (Low)

>> Speak with a Debt Specialist Today

Debt Relief Agencies in Oregon City, OR

  • None listed.

Collectors in Oregon City, OR

  • Clackamas County Collection Bureau, 357-A Warner Milne Rd, 97045-4045
  • Pacific Coast Recovery Service, Inc., 708 Main St, Suite 204, 97045