Debt Consolidation in Action: South Carolina

South Carolinians use credit counseling to address challenges with credit card debt.

Debt problems aren’t isolated to South Carolina, but residents are definitely having a harder time when it comes to certain types of debt than consumers in other parts of the country – particularly when it comes to credit card debt. South Carolinians have the 7th highest credit card debt levels in the U.S. and more past due debt and debts in collections that the national average.

As a result, many residents of South Carolina have sought solutions that will help them regain control faster than traditional payment means, including credit counseling. The information below can help you understand the state of debt in South Carolina and how some residents have used a debt management program to overcome those challenges. If you’re struggling, call us at or complete an online application to get a free debt and budget analysis from a certified credit counselor.

Debt Statistics in South Carolina

The following statistics can provide some perspective on how debt is currently impacting residents of the state:

[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 South Carolina residents

The following case studies come from real South Carolinian clients of Consolidated Credit. These stories can help you get an idea of how a debt management program may be able to help you overcome your own issues with personal debt.

Consolidated Credit has been extremely helpful in our efforts to get out of debt! Awesome help with interest rates and creating an affordable monthly payment. Startup was simple and the whole process was easy to follow through the website.

Where he started:

  • Total unsecured debt: $16,438.00
  • Estimated interest charges: $9,356.80
  • Time to payoff: 12 years, 8 months
  • Total monthly payments: $657.56

After DMP enrollment:

  • Average negotiated interest rate: 3.75%
  • Total interest charges: $1,362.43
  • Time to payoff: 4 years, 5 months
  • Total monthly payment: $341.00
Time Saved:
8 years, 3 months
Monthly Savings:
$316.56
Interest Saved:
$7,994.37
I have had nothing but excellent service from Consolidated Credit. Thanks for all your help.

Where she started:

  • Total unsecured debt: $21,026.00
  • Estimated interest charges: $12,109.83
  • Time to payoff: 12 years, 10 months
  • Total monthly payments: $841.04

After DMP enrollment:

  • Average negotiated interest rate: 8.05%
  • Total interest charges: $3,208.41
  • Time to payoff: 4 years, 9 months
  • Total monthly payment: $425.00
Time Saved:
8 years, 1 month
Monthly Savings:
$416.04
Interest Saved:
$8,901.42
I have peace of mind not having to worry about making all of those payments every month. Consolidated Credit takes care of all of it for me.

Where he started:

  • Total unsecured debt: $27,050.00
  • Estimated interest charges: $14,965.31
  • Time to payoff: 12 years
  • Total monthly payments: $1,082.00

After DMP enrollment:

  • Average negotiated interest rate: 5.51%
  • Total interest charges: $5,005.04
  • Time to payoff: 3 years
  • Total monthly payment: $837.00
Time Saved:
9 years
Monthly Savings:
$245.00
Interest Saved:
$9,960.27

"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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