Any time you’re taking out a loan, numbers matter. This includes your credit score. If yours is sub-par or non-existent, talking to lenders might seem like an intimidating endeavor. After all, most will consider your score as they review your application. Still, there are plenty of ways you can assure your creditworthiness, even as you work …
Feeling overwhelmed and consumed by debt? If so, debt and credit consolidation programs can help. These combine all of your individual loans into one new loan (often with a lower interest rate), making your monthly obligations that much more manageable. While resourceful tools, these programs can actually loosen your financial footing if you don’t handle them the right way. …
The American public is swamped with credit card debt. The average person has nearly $6,200 in outstanding credit card debt. One of the problems with carrying credit card debt is high-interest rates. The average Annual Percentage Rate (APR) on a credit card is nearly 15%. With an APR this high, consumers are paying hundreds, if not thousands, …
Some people are hesitant to work with debt consolidation companies offering debt resolution because they think it will negatively impact credit. We’ll show you why that’s not the case long-term.
*Debthunch offers some of the smartest debt consolidation, payment consolidation and debt resolution solutions available through our national network of licensed consumer finance partners that provide a specialized array of diverse financial products and services. Debt Consolidation Loans: Licensed consumer finance partners we match you with may not be able to extend credit if after your application they determine that you do not meet the criteria required to be approved for a debt consolidation loan. Financing approval is subject to a variety of factors including, but not limited to, age, credit history, credit scores, acceptable income, debt-to-income ratio and collateral. Interest rates, Annual Percentage Rate (APR) and payment terms may be determined based on the above factors. Debt consolidation loans are not offered in all states. Debt consolidation loan interest rates range from 5.25%-29.99% APR and loan terms range from 12-84 months. Payment Consolidation and Debt Resolution: There are no upfront fees charged by Debthunch licensed partners for payment consolidation and debt resolution services. Use of said services historically reduces outstanding debt balances by 50% of what is owed to creditors before fees and 65%-75% including fees for those who make all payments and complete the entire payment consolidation and debt resolution process. Fees usually range between 15-25% of the qualified debt balances selected for said services and are only charged by Debthunch licensed partners after payment consolidation and debt resolution services have been completed. Fees are deferred with a zero interest extension of credit until said services are completed. Displayed percentages are estimates based on historical results for Debthunch partners and are to be used for illustrative and comparative purposes and do not represent a guarantee or that your results will match those displayed. Use of said services may have an initial adverse impact to credit rating, which may be followed by a rebound and favorable impact to credit rating as qualified debt balances are paid off to lenders. Debthunch partners providing said services do not assume debts, make payments to creditors or provide tax, bankruptcy, accounting, legal advice or credit repair services. Use of said services may result in collections or lawsuits by creditors or collectors and may increase outstanding balances due to the accrual of fees and interest during the debt resolution process. Debt amounts forgiven by creditors as a result of using said services may be subject to income tax. However, all accrued fees and interest are resolved when the debt resolution process is completed. Payment consolidation and debt resolution services are not available in all states and fees may vary by state. Read and understand all agreements and documentation prior to contracting with Debthunch partners for said services.
