Debt Consolidation in Action: Alabama

See how we’ve helped other Alabamans overcome their issues with debt.

When it comes to debt problems and budget challenges, Alabamans often find themselves fighting an uphill battle. The average credit cardholder currently uses almost 40% of their available credit limit. Anything above 30% decreases a consumer’s credit score, which may explain why the average credit score in Alabama just barely make it into the fair range. This means it’s harder for Alabamans to use do-it-yourself debt solutions, like consolidation and balance transfers. So while balance transfer credit cards are the most popular type of card in the state, many borrowers just can’t qualify for the right rates and terms to eliminate debt effectively. As a result, residents often need professional help to eliminate their credit card debt.

This page is designed to help you understand how debt impacts you and your fellow residents in Alabama. We also show you some real-life case studies of how we’ve helped other Alabamans overcome their challenges. If you need help, call us at or complete our easy online application to request a free consultation with a certified credit counselor.

Alabama Credit Card Debt Statistics

  • Average credit card debt per household: $7,105 [1]
  • Average available credit limit: $11,120 [2]
  • Credit utilization ratio (debt vs available limit): 34.89% [2]
  • Average number of cards: 2.69 [3]
  • % of accounts that are delinquent (at least 90 days past due): 7.68% [4]
  • Average credit score: 654 [3]
  • Most popular type of credit card: Balance transfer [5]

Credit Counseling in Action for Alabama residents

The following case studies are from real Consolidated Credit clients who live in Alabama. This can help you get a better picture of what you can expect if you are eligible to consolidate debt through a debt management program.

Suzanne from Sylacauga, AL

I wish that I’d gone with this program sooner! If I had my debt would be gone already. I’d recommend this program to anyone looking for lower interest rates and a way to actually get your credit cards paid off.

Where she started:

  • Total unsecured debt: $16,049.00
  • Estimated interest charges: $8,870.56
  • Time to payoff: 11 years, 6 months
  • Total monthly payments: $641.96

After DMP enrollment:

  • Average negotiated interest rate: 8.30%
  • Total interest charges: $6,876.47
  • Time to payoff: 5 years, 1 months
  • Total monthly payment: $320.00
Time Saved:
6 years, 5 months
Monthly Savings:
$321.96
Interest Saved:
$1,994.09
Ryan from Pinson, AL

This service has been a lifesaver! I highly recommend Consolidated Credit. They enabled me to fix my finance problems.

Where he started:

  • Total unsecured debt: $23,013.00
  • Estimated interest charges: $12,922.00
  • Time to payoff: 12 years, 4 months
  • Total monthly payments: $920.52

After DMP enrollment:

  • Average negotiated interest rate: 10.61%
  • Total interest charges: $8,175.00
  • Time to payoff: 4 years, 6 months
  • Total monthly payment: $560.00
Time Saved:
7 years, 10 months
Monthly Savings:
$360.52
Interest Saved:
$4,747.00
David from Montgomery, AL

I am very pleased with the service that Consolidated Credit has provided. Now I’m finally in my home stretch to be debt free.

Where he started:

  • Total unsecured debt: $26,453.00
  • Estimated interest charges: $15,239.00
  • Time to payoff: 13 years, 6 months
  • Total monthly payments: $1,058.12

After DMP enrollment:

  • Average negotiated interest rate: 2.60%
  • Total interest charges: $460.27
  • Time to payoff: 3 years, 10 months
  • Total monthly payment: $585.00
Time Saved:
9 years, 8 months
Monthly Savings:
$473.12
Interest Saved:
$14,778.73