Debt Consolidation in Action: Vermont

Vermonters use consolidation to overcome challenges with debt.

When it comes to personal debt, by and large residents of Vermont take the action they need to meet challenges head-on. So for instance, while Vermonters have student debt loads higher than the national average, they default at a much lower rate than the rest of the country. Residents also have lower rates of debts that lapse into delinquency with late payments, as well as debts that go into collections.

One of the ways Vermonters with credit card debt have found to eliminate it is through credit counseling. The information below can help you understand how debt is impacting residents currently and how some have used credit counseling to find debt relief. If you’re facing your own challenges and need help, call us at or complete an online application to request a confidential debt and budget analysis from a certified credit counselor at no charge.

Debt Statistics in Vermont

The statistics below can help you understand the current state of consumer debt in Vermont:

[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 Vermont residents

The following case study and testimonial comes from a real client of Consolidated Credit who lives in Vermont. Every financial situation is unique, but this can provide some idea of the kind of help we may be able to provide to help you find relief from credit card debt.

Consolidated Credit has helped me pay off my credit card debt much quicker than I had imagined. I am SO happy with the services I have received and all pleased with the way all of my questions were answered.

Where she started:

  • Total unsecured debt: $37,571.00
  • Estimated interest charges: $21,404.39
  • Time to payoff: 13 years, 5 months
  • Total monthly payments: $1,503.52

After DMP enrollment:

  • Average negotiated interest rate: 8.17%
  • Total interest charges: $6,728.90
  • Time to payoff: 4 years, 4 months
  • Total monthly payment: $857.00
Time Saved:
9 years, 1 month
Monthly Savings:
$646.52
Interest Saved:
$14,675.49

"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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