Debt Relief Programs in Action in Alabama

Over $26.9 million of debt resolved in the past two years

If you’re struggling to eliminate your credit card balances in Alabama, you’re not alone. The average credit user currently uses more than one-third of their available credit. Anything higher than 30% is bad for your credit score. That may explain why the average credit score in Alabama is barely fair – just over 650. It’s no wonder that balance transfer credit cards are the most popular type of credit card now in the state. People are looking for any way they can to get out of debt.

But balance transfers often lead to more challenges with debt instead of less. As a result, the average Alabaman that calls Consolidated Credit has a balance of over $11,000. But with the help of Consolidated Credit’s debt relief program, borrowers in Alabama have eliminated in their debt quickly and saved thousands.

This page is designed to help you understand how debt impacts credit users in Alabama. We also show you real-life case studies of other Alabamans that have overcome their own personal challenges with debt. If you need help, call us at  to speak with a certified credit counselor for a free debt and budget evaluation.

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]

Debt Relief Alabama: See our program in action

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