Debt Relief Michigan

Learn how other Michiganders are overcoming challenges with credit card debt.

Credit users in Michigan are currently in fairly good shape compared to residents in other states. The average balance is just over $6,000, which is lower than the current national average. Residents currently use about 30% of their available credit. Anything higher than 30% if bad for your credit score. So, most credit users are in a good position when it comes to credit card debt. But some residents need help.

When minimum payments don’t work, it’s time to find a better way to repay what you owe. Thousands of Michigan cardholders have found relief and become debt free with the help of Consolidated Credit. If you’re fighting your own personal battle with debt, give us a call at to request a free consultation with a certified credit counselor.

Michigan credit card debt statistics

The following statistics can help you understand the situation that Michiganders face with credit card debt today:

  • Average credit card debt per household: $6,082 [1]
  • Average available credit limit: $14,138 [2]
  • Credit utilization ratio (debt vs available limit): 30.1% [2]
  • Average number of cards: 2.91 [3]
  • % of accounts that are delinquent (at least 90 days past due): 6.36% [4]
  • Average credit score: 677 [3]
  • Most popular type of credit card: Cash back rewards [5]

Debt relief Michigan: See our program in action!

The following case studies are from real clients of Consolidated Credit who live in Michigan. These results show the time and money you can save using a debt management program.

Angel from Mount Temperance, MI

This has been such a great help. I’m rebuilding my life without debt.

Where she started:

  • Total unsecured debt: $13,248.00
  • Estimated interest charges: $7,822.43
  • Time to payoff: 14 years, 5 months
  • Total monthly payments: $529.92

After DMP enrollment:

  • Average negotiated interest rate: 0.00%
  • Total interest charges: $0.00
  • Time to payoff: 5 years, 5 months
  • Total monthly payment: $204.00
Time Saved:
9 years
Monthly Savings:
$325.92
Interest Saved:
$7,822.43
Jorge from Taylor, Mi

The monthly interest amount was reduced to a small fraction of what I was paying before. Thanks!

Where he started:

  • Total unsecured debt: $53,937.00
  • Estimated interest charges: $31,477.00
  • Time to payoff: 15 years, 3 months
  • Total monthly payments: $2,157.48

After DMP enrollment:

  • Average negotiated interest rate: 2.46%
  • Total interest charges: $2,640.90
  • Time to payoff: 4 years, 10 months
  • Total monthly payment: $985.00
Time Saved:
10 years, 5 months
Monthly Savings:
$1,172.48
Interest Saved:
$28,836.10
Kenneth from Belleville, MI

My experience with Consolidated Credit has been exceptional. All of my expectations have been met and I am so thankful!

Where he started:

  • Total unsecured debt: $64,722.00
  • Estimated interest charges: $37,947.00
  • Time to payoff: 16 years, 5 months
  • Total monthly payments: $2,588.88

After DMP enrollment:

  • Average negotiated interest rate: 6.50%
  • Total interest charges: $10,373.46
  • Time to payoff: 4 years, 8 months
  • Total monthly payment: $1,336.00
Time Saved:
11 years, 9 months
Monthly Savings:
$1,252.88
Interest Saved:
$27,573.54