Debt Consolidation in Action: New Mexico

What you need to know about your local situation with debt.

Statistics show that many New Mexico residents are having a hard time overcoming challenges with debt – and credit card debt is usually the least of people’s problems. From one in five student loans in default to nearly one in four homes facing issue with negative equity, the challenges residents face are everywhere. Luckily, families are taking action to meet these challenges head-on.

The information below can help you understand the situation with debt that you and other New Mexico residents currently face. If you’re facing issues with debt and need help finding solutions that fit your situation, call us at or complete an online application to request a free consultation with a certified credit counselor

 

Debt Statistics in New Mexico

Here’s what the current situation with consumer debt in New Mexico really looks like:

[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 New Mexico residents

The case study and testimonial below show you how we were able to help a real live person in New Mexico to get the debt relief they needed. You can use this example to help you set some expectations for how credit counseling may be able to help you.

The service has been excellent!!! I couldn’t be happier.

Where she started:

  • Total unsecured debt: $14,418.00
  • Estimated interest charges: $8,397.86
  • Time to payoff: 13 years, 4 months
  • Total monthly payments: $576.72

After DMP enrollment:

  • Average negotiated interest rate: 9.95%
  • Total interest charges: $3,360.37
  • Time to payoff: 4 years, 4 months
  • Total monthly payment: $346.00
Time Saved:
9 years
Monthly Savings:
$230.72
Interest Saved:
$5,037.49

"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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