Debt Consolidation in Action: Kansas

Using certified credit counseling to achieve freedom in spite of debt.

When it comes to household debt, families in Kansas face a situation that’s on par with debt levels throughout the country. From high student loan debt balances to homes still underwater as property values fail to match up to mortgage balances, Kansans face some tough challenges to maintain financial stability. When you add in credit card debts and collections such as medical debt, the situation often gets even tougher.

Thankfully, residents are finding ways to overcome these various challenges with debt to achieve success. The information below can help you understand the current state of debt in Kansas and how some of your neighbors have used credit counseling to find relief. If you’re in a similar situation, call Consolidated Credit today at or fill out our online application to request a free debt and budget evaluation from a certified credit counselor.

Debt Statistics in Kansas

The following statistics can give you a snapshot of the situation that the average Kansas family faces when it comes to personal debt.

  • Average credit card debt: $4,830 per borrower [1]
  • 90-day credit card delinquency rate: 1.11%
  • Average student debt: $26,229
  • Student loan default rate: 11.10%
  • % of homes underwater (mortgage more than value): 14.38%
  • Mortgage delinquency rate for underwater homes: 3.23%
  • % with past due debt (late, but not in default): 4.50%
  • % with some type of debt in collections: 30.90%
  • Average debt in collections: $5,027

[1] https://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)

John from Wichita, KS

I am debt free thank to Consolidated Credit. What a blessing from God this program has been to us.

Where he started:

  • Total unsecured debt: $55,817.00
  • Estimated interest charges: $32,604.79
  • Time to payoff: 15 years, 6 months
  • Total monthly payments: $2,232.68

After DMP enrollment:

  • Average negotiated interest rate: 8.13%
  • Total interest charges: $9,232.05
  • Time to payoff: 4 years, 4 months
  • Total monthly payment: $1,274.00
Time Saved:
9 years, 2 months
Monthly Savings:
$958.68
Interest Saved:
$23,372.74
Joseph from Topeka, KS

My counselor was great! He explained everything to me and answered all my questions in a timely manner.

Where he started:

  • Total unsecured debt: $54,683.00
  • Estimated interest charges: $32,177.35
  • Time to payoff: 15 years, 9 months
  • Total monthly payments: $2,187.32

After DMP enrollment:

  • Average negotiated interest rate: 6.00%
  • Total interest charges: $9,405.92
  • Time to payoff: 4 years, 4 months
  • Total monthly payment: $1,238.00
Time Saved:
11 years, 5 months
Monthly Savings:
$949.32
Interest Saved:
$22,771.43
Michele from Arkansas City, KS

No complaints. This is an excellent service.

Where she started:

  • Total unsecured debt: $23,460.48
  • Estimated interest charges: $23,064.35
  • Time to payoff: 12 years, 3 months
  • Total monthly payments: $938.42

After DMP enrollment:

  • Average negotiated interest rate: 5.44%
  • Total interest charges: $2,737.53
  • Time to payoff: 4 years, 3 months
  • Total monthly payment: $531.00
Time Saved:
8 years
Monthly Savings:
$407.42
Interest Saved:
$10,326.82