Debt Consolidation in Action: Oregon

How credit counseling has helped some residents achieve debt freedom.

Oregonians have an interesting relationship with personal debt. They have lower student loan balances and fewer underwater mortgages than national averages, but higher delinquency and default rates than people in other parts of the country. According to statistics, for the average Oregonian, when the situation with debt gets bad, it unfortunately gets really bad.

But many residents have found ways to overcome these challenges. In many cases, debt consolidation through a credit counseling agency has provided a means for residents to regain control. The information below can help you understand how debt currently impacts residents and how some have regained stability through credit counseling. If need help finding a path forward, call us at or fill out an online application to request a free and confidential debt analysis from a certified credit counselor today.

Debt Statistics in Oregon

The following statistics provide a quick snapshot of personal debt in Oregon 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 Oregon residents

Below you’ll find three case studies and testimonials from Consolidated Credit clients who live in Oregon. Every situation with debt is different, but this shows how you may be able to find the relief you need with the help of a credit counseling service.

Consolidated Credit has been quite accommodating whenever we have a problem. I can’t tell you how much we appreciate the chance to get back on track.

Where he started:

  • Total unsecured debt: $27,912.00
  • Estimated interest charges: $16,114.80
  • Time to payoff: 13 years, 10 months
  • Total monthly payments: $1,116.48

After DMP enrollment:

  • Average negotiated interest rate: 9.38%
  • Total interest charges: $6,086.13
  • Time to payoff: 4 years, 3 months
  • Total monthly payment: $667.00
Time Saved:
9 years, 7 months
Monthly Savings:
$449.48
Interest Saved:
$10,028.67
Great customer service! Every time I call, there is always an employee ready and willing to help me with whatever I need.

Where he started:

  • Total unsecured debt: $18,990.00
  • Estimated interest charges: $10,129.32
  • Time to payoff: 10 years, 8 months
  • Total monthly payments: $759.60

After DMP enrollment:

  • Average negotiated interest rate: 5.02%
  • Total interest charges: $1,535.89
  • Time to payoff: 4 years, 1 months
  • Total monthly payment: $421.00
Time Saved:
6 years, 7 months
Monthly Savings:
$338.60
Interest Saved:
$8,593.43
Thank you so much for all of your help. We are so grateful for your services and all the help you provide.

Where she started:

  • Total unsecured debt: $56,641.00
  • Estimated interest charges: $32,846.24
  • Time to payoff: 14 years, 3 months
  • Total monthly payments: $2,265.64

After DMP enrollment:

  • Average negotiated interest rate: 5.95%
  • Total interest charges: $9,151.58
  • Time to payoff: 4 years, 8 months
  • Total monthly payment: $1,193.00
Time Saved:
9 years, 7 months
Monthly Savings:
$1,072.64
Interest Saved:
$23,694.66

"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.

FREE Debt Consultation