Debt Consolidation in Action: Mississippi

Finding solutions to avoid delinquency, debt collections and bankruptcy.

Residents in Mississippi have no shortage of challenges when it comes to debt. Student loan balances are higher than the national average with a default rate over 16 percent. Almost half of residents have at least one debt in collections, and one in every fifty borrowers has a credit card that’s gone more than three months without a payment.

It’s a tough situation, but savvy borrowers are finding ways to overcome these challenges, such as using debt consolidation to solve issues with credit card debt. If you’re struggling to overcome your own challenges with debt, we can help.  Call Consolidated Credit today at or fill out an online application to request a free debt and budget analysis.

Debt Statistics in Mississippi

The statistics below can help you understand the current situation with household debt that families in Mississippi face 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 Mississippi residents

Although every situation with debt is different, it can be helpful to see the path other borrowers have taken to achieve financial freedom. The case studies and testimonials below come from real clients of Consolidated Credit who live in Mississippi. If you’re struggling, you can see how a debt management program may be able to help you take control.

Excellent customer service. They really work to help you and when asked questions customer service takes time to explain.

Where he started:

  • Total unsecured debt: $23,544.00
  • Estimated interest charges: $13,620.85
  • Time to payoff: 14 years, 3 months
  • Total monthly payments: $941.76

After DMP enrollment:

  • Average negotiated interest rate: 10.63%
  • Total interest charges: $3,578.86
  • Time to payoff: 3 years, 9 months
  • Total monthly payment: $600.00
Time Saved:
10 years, 6 months
Monthly Savings:
$341.76
Interest Saved:
$10,041.69
We could have never gotten out of debt without Consolidated Credit. Our monthly income is still tight, but now we’ll be able to breathe and even retire. They gave us excellent service and saved us thousands.

Where they started:

  • Total unsecured debt: $55,785.00
  • Estimated interest charges: $32,712.16
  • Time to payoff: 14 years, 7 months
  • Total monthly payments: $2,231.40

After DMP enrollment:

  • Average negotiated interest rate: 8.55%
  • Total interest charges: $10,175.19
  • Time to payoff: 4 years, 4 months
  • Total monthly payment: $1,272.00
Time Saved:
8 years, 4 months
Monthly Savings:
$959.40
Interest Saved:
$22,536.97
We wished we had found your company and done this years ago! It’s a great service and we can’t say Thank You enough.

Where they started:

  • Total unsecured debt: $16,600.00
  • Estimated interest charges: $9,580.53
  • Time to payoff: 12 years, 1 month
  • Total monthly payments: $664.00

After DMP enrollment:

  • Average negotiated interest rate: 10.43%
  • Total interest charges: $4,194.84
  • Time to payoff: 4 years, 2 months
  • Total monthly payment: $418.00
Time Saved:
7 years, 11 months
Monthly Savings:
$246.00
Interest Saved:
$5,385.69

"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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