Debt Consolidation Options for Lafayette Residents

August 3, 2022

With a population of more than 225,000, the centrally-located parish of Lafayette serves as an economic center of Louisiana. As a resident of Lafayette, your city is at the heart of a region that’s both multi-cultural and multi-industrial.

However, not all residents of the “Hub City” are able to take advantage of all that Lafayette has to offer. If you’re one of the many Lafayettians who, due to economic hardship, have ended up with no savings and a mountain of credit card debt, you can breathe a sigh of relief. There are solutions to your situation. Whether it’s debt settlement, debt counseling or debt consolidation, Lafayette residents can find help today.

Call 800-910-0065 now for your free debt evaluation. Simply decide which option works best for you and get started down the road to financial freedom. In no time at all, you’ll be enjoying the lively music and Cajun and Creole cooking that Lafayette and Louisiana are famous for the world over.

Which Debt Relief Solution Is Right For You?

There’s no one-size-fits-all solution for debt – different options might fit your debt situation better than others. Here’s an overview of the most popular debt options that may be available to you in Lafayette, Louisiana.

Debt Consolidation

Lafayette residents with more than $10,000 in debt might be good candidates for debt consolidation. It involves getting a consolidation loan to cover your debts. An unsecured consolidation loan may be harder to come by and usually carry much higher interest rates because the lending company doesn’t have any guarantee that you’ll repay the entire loan outside of a binding signature. An unsecured debt consolidation loan could help simplify your repayment process, but it could also lead to a greater amount of debt in the long run due to the high interest rates.

Credit Counseling

Credit counseling could be right for you if you don’t have a lot of debt and just want some personal financial tips on how budget better. A debt counselor may help create a plan to pay down debt, but they also often lead you to other services, such as debt consolidation or debt relief. Residents should research debt counseling services in the Lafayette area for a list of services offered by local credit counseling agencies.

Debt Relief

If you have a lot of debt, debt relief could be your answer. In a debt relief program, a company you hire negotiates with your creditors on your behalf to reduce the amount you owe. While they are negotiating, you save into a program account you control. When the debt relief company reaches an agreement with one of your creditors, you can resolve the debt with the funds you saved.

There are other debt options besides debt counseling, relief and debt consolidation. Lafayette residents can also look into bankruptcy as an option. However, bankruptcy is typically viewed as a last resort since it may have a negative long-term effect on your credit score and credit history.

If you want more information on your options, call today for a free debt evaluation: 800-910-0065


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

Debt Consolidation in Lafayette

Millions of Americans, including a good portion of your friends, neighbors, and co-workers in Lafayette and other areas of Louisiana, are burdened by massive debt, so you’re not alone. Even those with decent jobs in the top industries of oil and gas extraction are not immune to amassing more debt than they can handle. However, a possible solution is just a phone call away. Speak with a debt specialist and find out how you can get started toward financial freedom.

It might not be right for you, but consolidating your debt could be worth considering because you may be able to simplify the debt repayment process with a debt consolidation loan if you can secure a loan at a reasonable interest rate.

Know that you do have options to solve your debt problem. Get started right now by calling us today at 800-910-0065 .

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