What’s a question that 3 in 4 Americans are likely to ask themselves? How to become debt-free. Research shows that only 1 in 4 Americans are debt-free, and estimates show that the average credit card debt can take as much as 18 years to pay off. But what if we were to tell you that there are ways …
Did you know? About 75% of all Americans carry debt. In fact, that debt came in around $38,000 per household back in 2018. The amount owed is increasing each year. It’s important you take control of debt before it controls you. What you need is a plan. More specifically, you need a debt consolidation plan. What is a debt …
According to reports, the average American has around $38,000 in debt to their name, excluding home mortgages. This level of debt can pose a significant financial strain on just about anybody. Especially if you owe on multiple lines of credit—and are paying higher than necessary interest rates. With the financial burden of paying off multiple sources of debt also …
Research shows that the average cardholder is carrying nearly $8,500 in credit card debt. Do you fall into this statistic? If so, it can be easy to feel like you’ll never get back on your feet or regain your financial freedom. Thankfully, there are simple and practical ways to reverse this trend. If you can’t pay credit …
Right now, Americans hold more than a whopping $4 trillion in consumer debt. If you’re one of the many individuals dealing with this problem, it’s important to know that you have options. In this regard, debt consolidation loans can be one of the best options you explore — especially if you have a mountain of debt from …
You’re so much more than a number. Yet, when your credit score is lower than it needs to be, it can feel like those digits define you. This is especially the case if you’re applying for a debt consolidation loan. While the long-term goal of this plan is to lower your debts and improve your credit, …
The American people are drowning in debt. In fact, the average American has roughly $38,000 in personal debt. This alarming figure does not even include home mortgages. The debt crisis starts at a young age. With their parents in debt, college students are financing their education. The result is that the average college graduate leaves school with over …
Are you drowning in debt payments? Thankfully, there are myriad debt consolidation solutions designed to help you lower your interest rates and reduce your monthly obligations. Are you interested in pursuing this kind of financial relief for yourself? If so, read on. Today, we’re sharing seven benefits of debt consolidation you can’t afford to miss! 1. A Path …
No one likes playing the waiting game. This is especially true when you’re drowning in credit card payments, late fees, and sky-high interest rates. When you apply for a debt consolidation loan, you don’t have time to waste. You need approval yesterday so you can get back on your feet and start paying down your mountain …
According to a recent study, 80 percent of Americans hold debt. Lines of credit can allow us to do things that otherwise might not be possible—such as buy a home or pay for tuition. However, when debt becomes unmanageable, this can take a toll on your financial stability, your credit score, and even (as research has found) your …
*Debthunch offers some of the smartest debt consolidation solutions available through our national network of licensed consumer finance partners that provide a diverse array of specialized financial products and services. Licensed consumer finance partners we match you with may not be able to extend credit if after your application they determine you do not meet the criteria required to be approved for a debt consolidation loan. Financing approval may be subject to a variety of factors including, but not limited to, age, credit history, credit score, 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 may not be offered in all states. Debt consolidation loan interest rates may range from 5.25%-29.99% APR and loan terms may range from 12-84 months. Debthunch may match prospective borrowers with financial products and services offered by its network of licensed consumer finance partners. Debthunch does not charge fees to borrowers for its service and does not broker, make or service loans. Minimum loan amount from $15,000. Debt consolidation loans, interest rates and terms may vary by state. Read and understand all agreements and documentation prior to contracting with Debthunch partners for said products and services.
