Debt Consolidation in Action: North Carolina

Using credit counseling to find relief from credit card debt.

Statically, North Carolinas have maintained a good handle on personal debt during the years following the Great Recession. Residents have lower than average student loan balances, fewer homes in foreclosure and less debt in collections than what can be found in other parts of country. That’s not to say North Carolinians don’t have problems with debt, but they tend to be highly proactive about finding solutions before things get completely out of control.

The information helps paint a picture of debt today in North Carolina and provides real stories of how some residents have found relief with the help of Consolidated Credit. If you’re faced with your own challenges and need help, call Consolidated Credit at or complete an online application to request a free, confidential debt analysis from a certified credit counselor.

Debt Statistics in North Carolina

These statistics can help you understand the bigger picture when it comes to household debt for the average North Carolina family:

[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 North Carolina residents

The following case studies show the success some of your neighbors have found by using credit counseling to find credit card debt relief. Every financial situation is unique, but this can provide an idea of the help a debt management program may be able to provide for you.

Consolidated Credit has helped me get my credit card debt under control. They’ve been professional and easy to work with from the first call. I high recommend them to anyone needing help and relief from debt.

Where she started:

  • Total unsecured debt: $25,781.00
  • Estimated interest charges: $15,215.62
  • Time to payoff: 15 years, 3 months
  • Total monthly payments: $1,031.24

After DMP enrollment:

  • Average negotiated interest rate: 5.00%
  • Total interest charges: $2,828.02
  • Time to payoff: 4 years, 10 months
  • Total monthly payment: $494.00
Time Saved:
10 years, 5 months
Monthly Savings:
$537.24
Interest Saved:
$12,387.60
They are wonderful people to deal with, always helpful.

Where she started:

  • Total unsecured debt: $15,725.00
  • Estimated interest charges: $8,423.33
  • Time to payoff: 10 years, 9 months
  • Total monthly payments: $629.00

After DMP enrollment:

  • Average negotiated interest rate: 5.85%
  • Total interest charges: $1,697.27
  • Time to payoff: 4 years, 2 months
  • Total monthly payment: $348.00
Time Saved:
6 years, 7 months
Monthly Savings:
$281.00
Interest Saved:
$6,726.06
Keep up the good work! Consolidated Credit has been very helpful in helping get my balances down. They were there for me when I need help.

Where he started:

  • Total unsecured debt: $5,617.39
  • Estimated interest charges: $2,737.78
  • Time to payoff: 8 years, 5 months
  • Total monthly payments: $224.70

After DMP enrollment:

  • Average negotiated interest rate: 4.80%
  • Total interest charges: $156.61
  • Time to payoff: 2 years, 7 months
  • Total monthly payment: $187.00
Time Saved:
5 years, 10 months
Monthly Savings:
$37.70
Interest Saved:
$2,581.17

"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.

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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