Debt Consolidation in Action: Missouri

Take a look at the state of debt in Missouri and the impact of credit counseling.

Missourians have an interesting relationship with debt following the Great Recession. For instance, the real estate market collapse left one in five homeowners with an underwater mortgage – where the home is worth less than the balance owed to the lender – but 97% of those homeowners have still managed to stay ahead of their payments. The situation is similar with student loans and credit card debt – Missouri borrowers showing great resilience in the face of incredible odds.

The information on this page is designed to help you understand the state of debt in Missouri and how some residents are using credit counseling to find the solutions they need. If you’re working to regain financial control and need some help, call Consolidated Credit today at or complete an online application to request a free debt and budget evaluation from a certified credit counselor.

Debt Statistics in Missouri

The following stats can help you understand the situation people in Missouri currently face when it comes to personal debt:

[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 Missouri residents

The following case studies are from real Consolidated Credit clients who live in Missouri. 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.

Consolidated Credit has been awesome! No worries, no fret. Thank you so much for being there for my family!

Where she started:

  • Total unsecured debt: $41,689.00
  • Estimated interest charges: $24,381.00
  • Time to payoff: 14 years, 7 months
  • Total monthly payments: $1,667.56

After DMP enrollment:

  • Average negotiated interest rate: 5.46%
  • Total interest charges: $3,258.75
  • Time to payoff: 4 years
  • Total monthly payment: $892.00
Time Saved:
10 years, 7 months
Monthly Savings:
$775.56
Interest Saved:
$21,122.25
Consolidated Credit has helped me get rid of all the bills that have accumulated over the years. I can’t thank you enough!

Where she started:

  • Total unsecured debt: $99,162.00
  • Estimated interest charges: $58,738.00
  • Time to payoff: 17 years
  • Total monthly payments: $3,966.48

After DMP enrollment:

  • Average negotiated interest rate: 5.18%
  • Total interest charges: $16,348.07
  • Time to payoff: 4 years, 5 months
  • Total monthly payment: $2,084.00
Time Saved:
12 years, 7 months
Monthly Savings:
$1,882.48
Interest Saved:
$42,390.17
This program has reduced my interest rate and I can already see my payments making an impact.

Where he started:

  • Total unsecured debt: $29,318.00
  • Estimated interest charges: $17,211.27
  • Time to payoff: 15 years, 1 month
  • Total monthly payments: $1,172.72

After DMP enrollment:

  • Average negotiated interest rate: 7.33%
  • Total interest charges: $4,970.42
  • Time to payoff: 4 years, 2 months
  • Total monthly payment: $645.00
Time Saved:
10 years, 11 months
Monthly Savings:
$527.72
Interest Saved:
$12,240.85

"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.
Click here to learn more.

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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