Debt Consolidation Services Available in Iowa

August 16, 2022

Overall, Iowa is a terrific place to live and work for many of its denizens. However, not everyone is flourishing financially. Based on Freedom Debt Relief’s June 2022 Credit Card Utilization Data, the average credit card utilization of people looking for debt relief in Iowa is 72%. By comparison, per Experian, the average credit card utilization in the US in 2021 was 25%. High credit card utilization, in general, implies a greater likelihood of needing debt relief services.

There are several debt-clearing options available. The best method for you will depend on how much debt you have, your income, and how quickly you’d like to get rid of the debt. If you’re in debt more than $10,000, are willing to prolong your payment period, and would prefer a simple monthly program payment, debt consolidation may be the right choice for you.

Iowa Debt Consolidation Loans: What You Need to Know

Debt consolidation loans are a smart solution for a wide range of financial scenarios. They can be used to consolidate debt from credit cards, payday, student or tax loans, and medical bills. However, they’re most commonly used for credit card debt. They’re especially effective for paying off high interest cards, since the loans typically come with lower interest rates than most credit cards.

However, to get favorable loan terms you’ll need a decent credit history. If you know your credit history isn’t that great, fear not—there are other options available like debt settlement or debt management that may suit you better.

There’s a lot of confusing information and disreputable companies out there so it’s important to be equipped with all the details. The key to your success lies in using the right strategy and the right lender for your particular situation. Visit Freedom Debt Relief or call 800-910-0065 for a free debt evaluation. Our Certified Debt Consultants will consider the unique details of your circumstances and recommend the best solution for you. In fact, our passionate employees are so committed to helping you, if our programs aren’t the best fit, they’ll even recommend solutions from other companies! Our goal is to help you overcome your debt and create a brighter financial future, regardless of the method or who’s offering it.

Find Your Solution

There are a number of relief solutions in your Iowa, including debt consolidation. To find your path to financial freedom, just follow these three simple steps:

Go to Freedom Debt Relief. Or call 800-910-0065 for a free debt evaluation.

Choose a debt solution. One of our Certified Debt Consultants will recommend the best strategy for you depending on your evaluation results.

Look forward to financial freedom. Regardless of the program you choose, the key is to follow through, be disciplined, and keep going till the debt is gone.

You’ll be glad you persevered when you’re no longer weighed down by debt. It’s also worth mentioning that to remain free of debt, you’ll need to take a hard look at the behavior that got you into the situation in the first place. If you keep spending more than you’re making, or missing payment due dates, there’s a good chance you’ll end up right back where you started. Consider making a budget and schedule reminders for all your monthly payments. The feeling of freedom gained by being debt free is worth the rigor involved.


Request a free debt evaluation to find out how we could help you:

  • Resolve your debt faster
  • Significantly reduce what you owe
  • Make one low monthly program payment

Iowa Residents and Debt

According to the Census, the median household income in Iowa was $56,247. This is $1,370 lower than the median household income across the US. And for cost of living, a report from the Iowa Policy Project confirms that it continues to exceed wages in the state. According to the report, the state’s southeast corner has some of the highest cost of living rates, while the eastern metro area had the lowest overall. Single Iowa residents need to make almost double the state minimum wage of $7.25 an hour to cover their basic living expenses. For a single parent with one child, this figure increases to just over $21 an hour.

Given the higher cost of living and lower incomes overall, it’s interesting that Iowa residents have the second-lowest amount of credit card debt in the country. The average Iowan owes just $3,885—which is almost half as much as the rest of the nation. That said, plenty Hawkeye State residents still deal with more debt than they can comfortably handle.

If you’re in debt and ready to deal with it, you’ll be pleased to know you have options. Debt relief programs, including debt consolidation, are currently available to Iowa residents. Start your journey toward financial freedom today. Call 800-910-0065 now and request your free, no-obligation debt consultation from Freedom Debt Relief today.

End Your Debt

Find out how our program could help.

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    One low monthly program deposit
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    Settlements for less than owed
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    Debt could be resolved in 24-48 months