Debt Relief Programs in Action in Alaska

The average Alaskan owes over $13,000. It’s time to find relief.

You might not expect it, but Alaska residents face some of worst situations with personal debt than residents of any other state in the nation. The average household has one of the highest total credit card balances in the country. And credit utilization is at almost 40% (anything over 30% means damage to your credit score!). If among those who owe more than $10,000 –  or even just $5,000 –  then it’s time to find a better way to pay off your credit card debt.

Consolidated Credit’s debt management program helps you eliminate debt fast by reducing or eliminating interest charges and fees. Clients who qualify typically get out of debt in 36 to 60 payments, even though many enjoy lower monthly payments during the program. If you’re working to eliminate debt and need help, call Consolidated Credit today at  for a free debt analysis with a certified credit counselor.

Debt Statistics in Alaska

These statistics can provide some perspective on the situation Alaskans currently face when it comes to credit cards and other types of personal debt:

  • Average credit card debt per household: $13,048 [1]
  • Average available credit limit: $17,046 [2]
  • Credit utilization ratio (debt vs available limit): 36.58% [2]
  • Average number of cards: 2.9 [3]
  • % of accounts that are delinquent (at least 90 days past due): 5.83% [4]
  • Average credit score: 668 [3]
  • Most popular type of credit card: Travel rewards [5]

Debt Relief Alaska: See our program in action!

Bobby from Pangburn, AK

This has been a very good, professional solution to our problem. Everything was handled in a timely fashion and the results have been outstanding. I sincerely believe you cannot find any service that can compare with them.

Where he started:

  • Total unsecured debt: $28,814.34
  • Estimated interest charges: $16,023.73
  • Time to payoff: 14 years, 1 month
  • Total monthly payments: $1,152.57

After DMP enrollment:

  • Average negotiated interest rate: 11.28%
  • Total interest charges: $3,745.65
  • Time to payoff: 2 years, 9 months
  • Total monthly payment: $992.00
Time Saved:
11 years, 4 months
Monthly Savings:
$106.57
Interest Saved:
$12,278.08
Christopher from Palmer, AK

The service has been great so far. Thanks!

Where he started:

  • Total unsecured debt: $24,111.00
  • Estimated interest charges: $13,201.86
  • Time to payoff: 12 years, 6 months
  • Total monthly payments: $964.44

After DMP enrollment:

  • Average negotiated interest rate: 7.93%
  • Total interest charges: $4,675.67
  • Time to payoff: 4 years, 6 months
  • Total monthly payment: $540.00
Time Saved:
8 years
Monthly Savings:
$424.44
Interest Saved:
$8,526.19
Lacey from North Pole, AK

My husband and I only have 2 more payments and we’ll be debt free! Best decision ever! Thank you!

Where she started:

  • Total unsecured debt: $12,787.00
  • Estimated interest charges: $6,786.92
  • Time to payoff: 10 years, 9 months
  • Total monthly payments: $511.48

After DMP enrollment:

  • Average negotiated interest rate: 9.83%
  • Total interest charges: $3,128.92
  • Time to payoff: 3 years, 6 months
  • Total monthly payment: $367.00
Time Saved:
7 years, 3 months
Monthly Savings:
$144.48
Interest Saved:
$3,658.00