Debt Consolidation in Action: Arizona

The state of debt in Arizona and how residents are taking control.

Challenges with personal debt are hitting Arizonans where it hurts – the bottom line of their budgets. Nearly one in five residents are facing federal student loan default and another 19% are struggling to overcome underwater mortgages where the home is worth less than the remaining balance owed. In spite of that uphill battle though, Arizona borrowers are fighting back and taking control.

The information below is designed to help you understand how debt is impacting you and your neighbors in Arizona. If you’re facing your own personal battle with debt, we can help. Call Consolidated Credit today at or complete an online application to request a free debt and budget evaluation with a certified credit counselor.

Debt Statistics in Arizona

Below is a quick look at how debt is affecting borrowers in Arizona. It’s good to note that the credit card debt balance below puts Arizona 19th for high balances in the U.S. and is over the national average of $4,965.

[1] http://www.washingtonpost.com/blogs/govbeat/wp/2013/08/20/ranking-the-states-credit-card-debt/

All other statistics brought to you by America’s Voice on Debt (AVOD)

Credit Counseling in Action for Arizona residents

The following case studies are from real Consolidated Credit clients who live in Arizona. This can help you get a better picture of what you can expect if you are eligible to consolidate debt through a debt management program.

The customer service agents are SOOO helpful and professional. Thanks so much for all your help!

Where she started:

  • Total unsecured debt: $25,685.00
  • Estimated interest charges: $14,652.28
  • Time to payoff: 12 years, 7 months
  • Total monthly payments: $1,027.40

After DMP enrollment:

  • Average negotiated interest rate: 6.83%
  • Total interest charges: $2,805.79
  • Time to payoff: 3 years, 4 months
  • Total monthly payment: $651.00
Time Saved:
9 years, 3 months
Monthly Savings:
$376.40
Interest Saved:
$11,846.49
Everyone has been understanding, compassionate, professional, accommodating… just amazingly helpful.

Where she started:

  • Total unsecured debt: $21,019.00
  • Estimated interest charges: $11,599.74
  • Time to payoff: 11 years, 2 months
  • Total monthly payments: $840.76

After DMP enrollment:

  • Average negotiated interest rate: 5.00%
  • Total interest charges: $2,510.55
  • Time to payoff: 3 years, 6 months
  • Total monthly payment: $513.00
Time Saved:
7 years, 8 months
Monthly Savings:
$327.76
Interest Saved:
$9,089.19
After a couple of weeks the calls from my creditors stopped. I have been in peace for the last two years thanks to this. I recommend it 100%.

Where she started:

  • Total unsecured debt: $14,216.00
  • Estimated interest charges: $7,644.24
  • Time to payoff: 11 years
  • Total monthly payments: $361.92

After DMP enrollment:

  • Average negotiated interest rate: 7.29%
  • Total interest charges: $1,616.21
  • Time to payoff: 4 years
  • Total monthly payment: $309.00
Time Saved:
7 years
Monthly Savings:
$52.92
Interest Saved:
$6,028.02

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

"We are really proud to recommend Consolidated Credit" Kathleen Cannon, President & CEO of United Way of Broward County. Consolidated Credit Counseling Services, Inc. is pleased to announce our partnership with the United Way as a United Way Chairman’s Circle Organization.

All Consolidated Credit counselors are certified personal financial counselors (CFC) We've helped 5 million people get out of debt! Call us today and see what we can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

Consolidated Credit is honored to receive the 2012 Excellence in Financial Literacy Education (EIFLE) Nonprofit Organization of the Year award. The EIFLE awards acknowledge innovation, dedication and the commitment of organizations that support financial literacy education worldwide. See what Consolidated Credit can do for you.

The National Industry Standards for Homeownership Education and Counseling are a set of guidelines for quality homeownership and counseling services. Industry professionals who adopt these standards can be trusted to provide consistent, high quality advice.
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Consolidated Credit Consulting Services, Inc. has been verified as the owner or operator of the Web site located at www.consolidatedcredit.org. Official records confirm Consolidated Credit Consulting Services, Inc. as a valid business. Call us today and see what we can do for you.

Consolidated Credit is a Certified ISO 9001 company, as verified through Bureau Veritas Certification.

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Time tested and customer trusted. Consolidated Credit Counseling Services has been a BBB Accredited Business since 1998 and has a current A+ rating. Call us today and see what we can do for you.

View the Consolidatedcredit.org review status

Consolidated Credit is proud to be an ANAB accredited member. Accreditation by a recognized and respected body such as ANAB ensures the impartiality and competence of our company. To see what we can do for you, give us a call.

U.S. Department of Housing and Urban Development - HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. Consolidated Credit is proud to be a member of HUD and also part of the Hope Now Alliance.

You can save!

With this amount of debt, you'd pay around $xx.xx on a DMP.

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