Consolidation Companies in South Carolina" />Consolidation Companies in South Carolina" />
There is no denying that America, as a nation, is currently suffering from incredible amounts of personal debt and there was undoubtedly a period when many households became slightly too relaxed about flashing the plastic. South Carolina has actually fared a little better than the national average of $53,850 with its own state average debt of $45,756 according to USA today. While this figure may be slightly more favourable, it is still a substantial burden and one that can lead to a lot of stress and discomfort for South Carolina families and households.
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National Debt Relief has assisted thousands of people with consolidating their debt by arranging reduced payments with creditors. You'll deposit funds into an account in your name, which NDR will use to negotiate on your behalf; once you accept a particular settlement, a small fee is charged based on your total debt. With over 33,000 five-star reviews from very satisfied clients, National Debt Relief stands out as our top choice for debt consolidation. Don't hesitate to reach out to them for a free consultation and take control of your finances.
TurboDebt, a debt consolidation option established in 2020, is the fastest-growing debt relief company in the nation, with over $15 billion in settled debt for 500,000+ clients. They offer a free initial consultation, where they work to understand your specific financial situation, and then refer you to the most appropriate debt relief company. They've earned an impressive "A-" rating from the BBB and have thousands of five-star reviews. Even though they're the new kid on the block, their high customer ratings and proven record earn this company very high marks.
CuraDebt isn't your typical debt consolidation service. Instead of giving you a loan at a lower interest rate than what you currently owe so that you can replace multiple monthly payments with a single one, CuraDebt actually works with your creditors to negotiate a lower debt altogether (up to 75%). There are no upfront or monthly fees here either: you simply pay a percentage (20% or less) of the debt you enrolled with CuraDebt, and that's only after you accept a settlement they negotiated for you. You can see why so many people have given this company positive reviews in the 20+ years it's been in operation. If you'd rather not consolidate your debts with a loan, you'll definitely want to reach out to CuraDebt.
Upstart can give you a jumpstart on debt consolidation through a loan, especially if you're having trouble qualifying based on your credit score alone. Their holistic qualification process takes your educational background and earning potential into account when deciding to connect you with personal loans that can be used to pay off higher-interest debt. While it'll be up to you to use your funds accordingly, you'll have no issues with the service here itself: over 40,000 people have given Upstart a perfect five-star rating. This is the first place we'd go when looking for a debt consolidation loan.
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SoFi, with over two million members and $50 billion in loans, offers debt consolidation via personal loans from $5,000 to $100,000. You can choose to repay the loan over 2 to 7 years. Funds are usually available quickly, sometimes even on the same or next day. If you sign up for autopay, you might save on interest. While you should keep an eye on origination fees here, SoFi has an "A+" rating from the BBB and thousands of five-star ratings on Trustpilot, making it a reliable option for consolidating debt through personal loans.
SuperMoney links you up with reliable lenders who provide personal loans that you can use for consolidating your debt. They make it easy to compare loan offers from different places, giving you all the details about the lenders and what other people think of them. You can apply for loans as big as $100,000 or as little as $500, but what you actually get depends on your credit and income. Your privacy is safe here, and SuperMoney has a fantastic client rating averaging 4.9 stars. If you're looking to check out your debt consolidation loan options, SuperMoney is a solid choice.
If you're drowning in high-interest credit card debt, Happy Money might just be your lifeline. Since 2009, they've teamed up with banks and credit unions to help over 300,000 clients by providing more than $6 billion in debt consolidation loans. Their loans range from $5,000 to $40,000 and offer competitive interest rates, along with origination fees of 1.5% to 5.5%. To qualify, you'll need a credit score of 640 or higher, no recent missed payments, and a credit history of at least 3 years. They'll also look at your debt-to-income ratio and how much credit you're using. Once you're approved, you could get your money in your bank account in 3-6 business days, or they can send it directly to your credit card companies within 30 days. People seem pretty happy with Happy Money, so if you're looking to consolidate your debts, they're worth checking out.
When you need money to consolidate your debt, LendingTree steps in to help you discover loans from various lenders. With years of experience and a wide array of financial partners, they've got your back. You can get loans up to $50,000, but what interest rates and terms you get depends on the lender you choose and your specific situation. LendingTree provides loads of info about each lender in their network, making it a handy research tool even if you end up not using LendingTree to actually take out a loan. Just keep in mind that some consumers report receiving lots of marketing messages from other companies after using LendingTree. Despite this, it's still a solid spot to scout out debt consolidation loans from different lenders.
The standard household income in South Carolina is $59,904, which makes the household debt a huge percentage of that income. It's understandable that many families are struggling to keep up with monthly payments and one way to ease the burden is through debt consolidation. This is the process that allows various kinds of debt to be paid off using one umbrella type loan, leaving the debtor with reduced payments and just one creditor to pay each month. Another shocking statistic concerning South Carolina is that more than 40% of those residents with a credit file have debt in collections. This means that they are significantly late on due payment with an average bill of $5,200. These bills can come from a whole variety of areas including medical bills, credit card payments, parking tickets and membership fees to name just a few.
While the amount of debt appears high at first glance, the positive slant is that it is predicted that around 70% of most personal debt in the U.S is that of mortgage. This is sometimes labelled as positive debt, as it?s the kind of debt that provides families or household with a better standard of living and encourages future growth rather than inhibits it. Slow but steady recovery from the recession is also evident in the fact that since rates of unemployment in South Carolina reached its peak of 12% in 2009 the figure has gradually been coming down year after year. Through debt consolidation, it can be possible to reduce the amount owed and speed up financial recovery.
