Home » Debt Relief Programs in Action: Case Studies from Real Clients » Kansas

Debt Relief Kansas

Using certified credit counseling to achieve freedom from high interest rate credit card debt.

With an average credit card balance of over $7,000 and an average credit score of 680, Kansans face no shortage of challenges with credit card debt. The average cardholder uses over 31% of their available credit. Anything over 30% will decrease your credit score, limiting your options for do-it-yourself debt relief. That means many Kansas credit users will need help if they want to become debt free.

Thankfully, residents are finding ways to overcome their challenges with debt to achieve success. Many are enrolling in a debt management program to pay off everything they owe to avoid credit score damage and bankruptcy. If you’re in a similar situation, call Consolidated Credit today at (844) 276-1544 to request a free debt and budget evaluation from a certified credit counselor.

Tired of struggling on your own to pay off credit card debt? Talk to a certified credit counselor to customize the best debt elimination plan for your needs.

Kansas credit card debt statistics

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 per household: $7,040 ^[1]
Average available credit limit: $15,557 ^[2]
Credit utilization ratio (debt vs available limit): 31.29% ^[2]
Average number of cards: 2.82 ^[3]
% of accounts that are delinquent (at least 90 days past due): 5.89% ^[4]
Average credit score: 680 ^[3]
Most popular type of credit card: Balance transfer ^[5]

Debt relief Kansas: See our program in action!

These case studies come from real Kansas residents that have found debt relief with the help of Consolidated Credit. These can help you see how our program may be able to help you.

Case Study

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

Case Study

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

Case Study

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

Ready to see if you qualify for Consolidated Credit’s debt management program. Talk to a certified credit counselor now for a free evaluation.

Sources:

[1] https://www.valuepenguin.com/average-credit-card-debt#by-region

[2] https://www.creditsesame.com/blog/credit-cards/states-maxing-out-their-credit-cards/

[3] https://www.experian.com/blogs/ask-experian/state-of-credit/

[4] https://www.creditsesame.com/blog/debt/states-that-dont-pay-bill-on-time/

[5] https://www.nerdwallet.com/blog/credit-cards/most-popular-credit-cards-state-map-2015/