Debt Consolidation in Action: Indiana

See how other Indianans are overcoming challenges with debt.

Indianans aren’t short on challenges when it comes to debt. They have higher than average student loan debt loads, as well as a higher rate of credit card delinquency and a greater percentage of debts in collections. Still many residents are finding ways to overcome these issues, including with the use of debt management programs through a credit counseling agency.

The information below can help give you a big-picture view of debt in Indiana. We’ve also provided some case studies from clients we’ve helped who live in your state. If you’re struggling with debt, see how we’ve helped your neighbors to help you decide if you could use our help. If so, call Consolidated Credit today at or complete an online application to request a free debt analysis from a certified credit counselor.

Debt Statistics in Indiana

We’ve compiled the following statistics to help you understand the state of debt in Indiana today:

[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 Indiana residents

The following case studies come from real clients from Indiana who have found the debt relief they needed with the help of Consolidated Credit. Every financial situation is different, but this can give you an idea of how a debt management program may be able to help you.

Very knowledgeable and helpful. Excellent team! Creative with solutions. Thank you, thank you, thank you!!!

Where she started:

  • Total unsecured debt: $45,630.00
  • Estimated interest charges: $26,919.11
  • Time to payoff: 14 years, 11 months
  • Total monthly payments: $1,825.20

After DMP enrollment:

  • Average negotiated interest rate: 6.27%
  • Total interest charges: $3,650.30
  • Time to payoff: 4 years, 1 months
  • Total monthly payment: $1,006.00
Time Saved:
10 years, 10 months
Monthly Savings:
$819.20
Interest Saved:
$22,968.81
My experience with Consolidated Credit was wonderful. They were always helpful when I called and accommodated me if there was an issue. I would and have recommended them to my family and friends.

Where she started:

  • Total unsecured debt: $50,839.00
  • Estimated interest charges: $29,618.18
  • Time to payoff: 14 years, 6 months
  • Total monthly payments: $2,033.56

After DMP enrollment:

  • Average negotiated interest rate: 8.20%
  • Total interest charges: $7,513.52
  • Time to payoff: 4 years
  • Total monthly payment: $1,219.00
Time Saved:
10 years, 6 months
Monthly Savings:
$814.56
Interest Saved:
$22,104.66
I absolutely LOVE Consolidated Credit! They have helped me dig out of a debt hole!! Thank you!!!

Where she started:

  • Total unsecured debt: $10,585.00
  • Estimated interest charges: $5,500.56
  • Time to payoff: 9 years, 4 months
  • Total monthly payments: $430.80

After DMP enrollment:

  • Average negotiated interest rate: 1.41%
  • Total interest charges: $48.69
  • Time to payoff: 4 years, 4 months
  • Total monthly payment: $205.00
Time Saved:
5 years
Monthly Savings:
$225.80
Interest Saved:
$5,451.87

"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.

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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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