Debt Consolidation in Action: Wisconsin

Wisconsinites overcome debt challenges with resilience.

When it comes to overcoming problems with debt, statistics show that Wisconsinites seem particularly resilient when faced with challenges. Though they have higher than average student debt, fewer of their loans are in default. While more homes are underwater because their values are less than their mortgage balances, fewer homeowners are facing the threat of foreclosure. And when it comes to credit card debt, only four states have lower average balances in the nation.

The information below helps you understand the big picture of debt in Wisconsin and how some residents are using credit counseling to overcome challenges. If you’re struggling with debt, take action today to get the help you need. Call Consolidated Credit at or fill out an online application to request a free, confidential debt evaluation from a certified credit counselor.

Debt Statistics in Wisconsin

Here’s a quick look at the state of debt in Wisconsin 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 Wisconsin residents

The following case studies come from real clients we’ve helped who live in Wisconsin. If you’re struggling, these stories show how we may be able to help you find the relief you need.

It would have taken us at least 15 years to pay off our debt or we most likely would have had to declare bankruptcy. I’m so glad I paid attention to that commercial. I recommended them to a coworker and she is very pleased also. Thank you so much!

Where he started:

  • Total unsecured debt: $22,802.00
  • Estimated interest charges: $12,931.02
  • Time to payoff: 13 years, 8 months
  • Total monthly payments: $915.72

After DMP enrollment:

  • Average negotiated interest rate: 4.33%
  • Total interest charges: $2,563.31
  • Time to payoff: 3 years, 9 months
  • Total monthly payment: $516.00
Time Saved:
9 years, 11 months
Monthly Savings:
$354.72
Interest Saved:
$10,367.71
I’ve had excellent communication with the staff. Every time I’ve spoken with a credit counselor they have been very helpful and courteous.

Where she started:

  • Total unsecured debt: $31,549.00
  • Estimated interest charges: $17,923.80
  • Time to payoff: 13 years, 8 months
  • Total monthly payments: $1,265.00

After DMP enrollment:

  • Average negotiated interest rate: 4.14%
  • Total interest charges: $3,267.38
  • Time to payoff: 4 years, 7 months
  • Total monthly payment: $635.00
Time Saved:
9 years, 1 month
Monthly Savings:
$630.00
Interest Saved:
$14,656.42
I have nothing but wonderful things to say about Consolidated Credit – from the beginning when I felt so embarrassed to be calling, you made me feel at ease. It’s taken less than five years to become debt free and that is a HUGE accomplishment.

Where she started:

  • Total unsecured debt: $54,063.00
  • Estimated interest charges: $31,173.09
  • Time to payoff: 15 years, 11 months
  • Total monthly payments: $2,162.52

After DMP enrollment:

  • Average negotiated interest rate: 7.39%
  • Total interest charges: $5,653.13
  • Time to payoff: 4 years, 6 months
  • Total monthly payment: $1,118.00
Time Saved:
11 years, 5 months
Monthly Savings:
$1,044.52
Interest Saved:
$25,519.96

"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
VE Interactive