Debt Consolidation in Action: Tennessee

Finding a path forward from debt problems to achieve financial freedom.

Personal debt affects every family and household differently, but there are often similar stories for people who live in the same area – they share challenges with unemployment and face the same circumstances when it comes to the real estate market. The story of debt in Tennessee shows residents face no shortage of challenges, but many have overcome these issues – being proactive to find solutions that allow them to regain control.

The information is designed to help you understand the general state of debt in Tennessee today. You’ll also find helpful case studies of real clients from Tennessee who’ve found relief through credit counseling. If you’re struggling with credit card debt and need help, give us a call at or complete an online application to schedule a debt and budget analysis with a certified credit counselor. It’s free and confidential, so you have nothing to lose but your debt.

Debt Statistics in Tennessee

These statistics can help you understand the situation residents of Tennessee currently face with various types of 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 Tennessee residents

We’ve collected three case studies and testimonials from real Tennessee residents who’ve found relief from credit card debt with the help of Consolidated Credit. Every situation is different, but these show how we may be able to help if you’re facing your own challenges and need help.

This is a wonderful service! You’ve been dependable and very helpful anytime I have a question.

Where she started:

  • Total unsecured debt: $22,041.00
  • Estimated interest charges: $12,845.21
  • Time to payoff: 14 years, 6 months
  • Total monthly payments: $881.64

After DMP enrollment:

  • Average negotiated interest rate: 10.00%
  • Total interest charges: $5,519.54
  • Time to payoff: 5 years, 3 months
  • Total monthly payment: $432.00
Time Saved:
9 years, 3 months
Monthly Savings:
$449.64
Interest Saved:
$7,325.67
Everyone has been nice and very helpful.

Where she started:

  • Total unsecured debt: $13,988.00
  • Estimated interest charges: $7,767.32
  • Time to payoff: 12 years, 2 months
  • Total monthly payments: $562.76

After DMP enrollment:

  • Average negotiated interest rate: 0.80%
  • Total interest charges: $352.10
  • Time to payoff: 3 years, 6 months
  • Total monthly payment: $342.00
Time Saved:
8 years, 8 months
Monthly Savings:
$220.76
Interest Saved:
$7,415.22
Consolidated Credit has been a great help and it’s a top notch service. They’ve been very professional and I would recommend this service to anyone.

Where he started:

  • Total unsecured debt: $13,019.00
  • Estimated interest charges: $6,799.43
  • Time to payoff: 12 years, 3 months
  • Total monthly payments: $520.76

After DMP enrollment:

  • Average negotiated interest rate: 5.32%
  • Total interest charges: $1,905.38
  • Time to payoff: 4 years, 6 months
  • Total monthly payment: $277.00
Time Saved:
7 years, 9 months
Monthly Savings:
$243.76
Interest Saved:
$4,894.05

"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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