The bills were piling up and you realized that your debt obligations were getting too high to bear. So, you made a smart move and decided to pursue a debt consolidation loan. However, there’s one tiny thing getting in your way of securing the debt help you need. Actually, it’s three things: the numbers in your …
The coronavirus pandemic has only made the nation’s student loan crisis worse. Students and graduates alike are facing an employment shortage. Every week since March, over 1 million Americans have filed a jobless claim. It is unclear if these jobs will ever return under the cloud of a pandemic. The economy has contracted by nearly 33% and …
If you’re saddled with too much debt, a consolidation loan may seem like a way out. But lenders are picky when it comes to giving out these loans. Debt consolidation seems enticing because it allows you to lower your interest rate, boost your credit score, and make one easy payment on your debt. Although it sounds …
So you just got accepted to college? Congratulations! With the flood of excitement about going to school, you’re probably also concerned about how to pay for your degree. Did you know that in 2019, the average cost of tuition fees for private universities came to over $36,000? If you or your family doesn’t have the savings …
Did you know that the Burea of Labor Statistics discovered that the failure rate for small businesses across the majority of industries is 20% in their first year? Have you been contemplating applying for business loans, but aren’t sure if it’s the best decision to make for your business? If you’re looking to learn more about …
Getting into credit card debt is easy. Paying it off is another story. If you find yourself carrying more debt than you should, you aren’t alone. Dealing with monthly bills and life’s unexpected expenses make getting out of credit card debt seem like an impossible task. If you’re trying to reduce your U.S. credit card …
At first, tackling your debt seemed somewhat manageable. You eliminated discretionary spending habits, created a budget, and started prioritizing your savings account. You might have even taken on a side job to earn extra income. Now, however, you’re discovering that your outstanding debts are simply growing too high. No matter what steps you take now, you’ll be …
According to reports, the average American has up to four credit cards. Juggling multiple cards can easily cause one to max out one’s limits. Which is why it’s not surprising that the average card balance has now hit $6,200. Do these numbers sound all too familiar? Are you struggling to pay off multiple cards at once? If so, it can …
If you’ve ever had a medical procedure, whether it was an emergency or planned, you already know it’s expensive. The average American spends over $7,000 a year on medical services. A lot of people struggle to pay these bills back, especially if an emergency surgery occurred, and you’re in far more debt than you can afford. So …
According to research, nearly 70% of college students take out loans to fund their education. Then, they graduate with an average debt balance of around $30,000. In some regards, the myriad loan solutions available to incoming students are an invaluable resource. This financial assistance can help students pursue higher education who might have missed out on such an opportunity otherwise. …
*Debthunch offers some of the smartest debt consolidation, payment consolidation and debt resolution solutions available through its nationwide network of top rated financial services partners and diverse financial products. Debt Consolidation Loans: Lending 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, acceptable income, debt-to-income ratio and collateral. 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 6.99%-35.99% APR and loan terms range from 12-84 months. Payment Consolidation and Debt Resolution: There are no upfront fees charged by Debthunch 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 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.
