Debt Relief

Credit Counseling: Memphis (TN)

Finding a professional Memphis credit counseling company could be step one to being debt-free.

We can match you to a credit counseling expert based upon:

  • Your Town (Memphis)
  • How Much You Owe
  • Personal Preferences

To start, you can simply fill in our quick form. It’s quick, it’s simple, and best of all it’s completely free.

Memphis Credit Counseling Fundamentals

Memphis credit counselors will show you how to manage debts, address your current financial troubles, and become debt free.

>> Get Your Free Obligation Credit Consultation!

Your ratio of debt to income, aka DTI, helps to assess whether or not your state of affairs warrants credit counseling.

Salary DTI Debts Degree
$1,752 36% $631 Great
$1,752 43% $753 OK
$1,752 50% $876 Assistance Needed!

Memphis, TN Debt Management

An integral aspect of credit counseling is debt management. If you participate in a DMP, your Memphis TN credit counselor may able to obtain cheaper interest levels and better terms from the companies you owe.

Under a debt management plan in Memphis, TN, the credit counseling service will take care of payment to the credit card companies each and every month. All you need to do is hand them the agreed payment amount.

Tips on Avoiding Credit Counseling Shams in Memphis, TN

Credit Counseling Memphis TN

As an industry, credit counseling has been vetted by the FTC and other government authorities, but respected credit counselors in Memphis, TN, and throughout Tennessee should furnish you with:

  • Around 1 Hour of Introductory Advisement
  • Zero Initial Fees
  • A Written List of Action Items
  • Proof of Accreditation

Keep in mind that not for profit status isn’t going to guarantee that a credit counseling service is reputable, and for-profit does not mean they’re dishonest.

>> Discover Credit Counseling Solutions

With credit counseling, you pay down everything you owe. Thank goodness, your monthly payments should be less costly on account of interest and penalty reductions.

Credit counseling will save you time and money. Learn more today.

Fees Associated with Credit Counseling Services in Memphis, TN

Credit Counseling Memphis TN

Debt management plans in Memphis are very affordable. They will cost you less than $40 per month, and the fee is factored into the amount you pay each month. With a DMP, the money you fork out each month paying off your debt is commonly equal to your minimum credit card payment: 2.5%. Let’s look at a table that shows how much your monthly payments would be, given varying amounts of debt.

Debt 2.1% 2.5%
$5000 $105 $125
$20,000 $420 $500
$25,000 $525 $625
$35,000 $735 $875
$60,000 $1260 $1500
$80,000 $1680 $2000
$85,000 $1785 $2125

Consumer Credit Counseling Services: Memphis (TN)

Consumer Credit Counseling Memphis TN

In Memphis, TN, Consumer Credit Counseling Service, also called CCCS, may provide inexpensive credit counseling for local individuals. In Memphis, Tennessee, a Consumer Credit Counseling Service will normally be a local not for profit that is a member of the National Foundation for Credit Counseling. Ordinarily a CCCS firm will provide not only not for profit credit counseling, but also:

  • Bankruptcy Credit Counseling for Memphis Residents
  • Housing Assistance
  • Debt Management

Be prepared to fork out around a maximum of $50 on a monthly basis.

To locate the CCCS location that’s closest to Memphis, TN, please research the listing of Memphis credit counseling services this site offers. As an alternative, you can visit debtadvice.org.

>> Get Help Now

Credit Counseling and Debt Counseling in Memphis (TN)

  • Consumer Credit Counseling Service, 2855 Stage Village Cv, 38134
  • 2nd Chance Budget & Debt Family Counseling Services, 1000 S Cooper St, 38104
  • Abioto Consulting, 1557 Madison Ave, 38104
  • American Fair Credit Association, 2763 Colony Park Dr, 38118
  • Clear Point Fininical Solutions Inc, 1750 Madison Ave, 38104
  • Consumer Credit Counseling Service, 2400 Poplar Ave, 38112
  • Consumer Debt Counseling, 1750 Madison Ave, #200, 38104
  • Dixon And Associates, 4326 American Way, 38118
  • Financial Counselors Of America, 3294 Poplar Ave, 38111
  • Financial Services Unlimited, 280 Hernando St, 38126
  • Financial Stewardship LLC, 5909 Shelby Oaks Dr, 38134
  • Gerald Lee Attorney, 8 S 3rd St, 38103
  • Glory 1 Enterprises, 2404 Jackson Ave, 38108
  • Intercoastal Llc, 3238 Players Club Cir, 38125
  • Memphis Housing Resource Center, 1548 Poplar Ave, 38104
  • Next Step Credit, 6263 Poplar Ave, #540, 38119
  • Restore America, 6263 Poplar Ave, 38119
  • Southwest Funding, 1444 Gillham Dr, 38134
  • Spirit Builders, 1441 S Perkins Rd, 38117
  • Tricap Academy, 5986 Knight Arnold Rd Ext, 38115
  • Consumer Counseling Center, 5100 Poplar Ave, 38117
  • LIFELOCK MEMPHIS, , 38133
  • CREDIT REPAIR MEMPHIS, , 38133
  • Consumer Credit Counseling Service, , 38133
  • Precise Improvement, 1910 Madison Ave, #42, 38104