Debt Consolidation in Lubbock, Laredo, Brownsville, and Amarillo by San Antonio, Texas Hea (2024)

Lubbock, Brownsville, Amarillo, and all Texas residents can receive 40% lower debt relief fees compared to most out-of-state services. Call: 800-813-1003 or visit for a Free Consultation with a Texas Debt Specialist

Affordable Debt Consolidation provides Texas Debt Relief plans available exclusively to Texas Residents, including Lubbock, Laredo, Brownsville, Amarillo, and the entire state of Texas. The San Antonio, Texas, headquarters company has been helping Texans for 20 years, is 100% veteran-owned, A+ rated, and Accredited with the Better Business Bureau and featured on News and Lifestyle shows across the state. By exclusively serving fellow Texans, they can provide their Texas Debt Relief service with 40% lower fees compared to most out-of-state debt relief services. Read reviews of many Texans they have assisted by clicking on the Better Business Bureau logo on the top section of their website.

Texas Debt Relief in Lubbock, Laredo, Brownsville, and Amarillo

The Texas Debt Relief plan offered by Affordable Debt Consolidation is a debt settlement plan to negotiate substantial reductions of credit card and personal loan debt balances. The firm specializes in resolving very high debt between $20,000 to $100,000 or more. After speaking to a Texas Debt Specialist, they will learn more about your situation and discuss options to resolve the debt. If their Texas Debt Relief plan is right for you, debt can be resolved in as little as 24 to 48 months. Program payments may be less than half compared to minimum payments in many cases. This is a hardship program, so it is designed for Texans who may be current but struggling to make payments, have fallen behind, or facing creditor lawsuits.

Debt Consolidation Loans in Lubbock, Laredo, Brownsville, and Amarillo

Debt relief, though debt settlement or debt negotiation, isn’t the only option. If you have excellent credit and need to protect your credit score, a debt consolidation loan could be a better option. Locking in a fixed rate will also protect you from future interest rate hikes, and the lower payment may allow you to save money every month while paying the debt off faster. It is important not to re-load your credit cards if you use this method, or you may find yourself in a worse situation. Affordable Debt Consolidation can help you find the best loan by shopping many lenders with their affiliate platform of lenders.

Credit Counseling in Lubbock, Laredo, Brownsville, and Amarillo

Credit counseling is another option for debt consolidation without a new loan. The credit counselor has agreements with your creditors to lower rates. After enrollment, you make one payment to the credit counselor, and the payments are distributed to your creditors. This can allow you to have a lower payment and pay the debt off faster than minimum payments, like a debt consolidation loan. Since it does not reduce your principal balances and you still pay back some interest, it is usually more expensive than debt settlement.

Bankruptcy in Lubbock, Laredo, Brownsville, and Amarillo

Bankruptcy, of course, is another option. However, most Texans want to avoid bankruptcy if possible. Many higher-income or higher asset debtors cannot file a Chapter 7 to liquidate their debt. If a Chapter 13 repayment plan is the only option, it is a good idea to compare it to a non-bankruptcy option. Debt settlement may be less expensive than Chapter 13 in many cases. Texans considering bankruptcy should talk to a qualified Texas Bankruptcy attorney. Affordable Debt Consolidation makes it easy to compare bankruptcy to non-bankruptcy options through a special arrangement with a highly-rated Texas bankruptcy law firm.

Anytime you do not pay the creditors as agreed, it will have a negative impact on your credit. This includes debt settlement, bankruptcy, and, to an extent, credit counseling. However, the faster you can resolve the debt, the faster you can start rebuilding your credit. Fortunately, this is not hard to do with the right steps, and you can always get an excellent credit score back, but you cannot get back the money wasted to high interest. Worse, you cannot get back the lost investment opportunity to make money on the income that you threw away to pay high interest. With all the uncertainty in our economy, saving money every month while on a path to debt, freedom may be the best decision for your long-term financial well-being.

Speak to a Texas Debt Specialist today and learn about your options to resolve and eliminate credit card debt and personal loans. Call 800-813-1003 or visit for a free and no-obligation consultation.

Debt Consolidation in Lubbock, Laredo, Brownsville, and Amarillo by San Antonio, Texas Hea (2024)


How do I know if a debt consolidation company is legit? ›

Looking up their reputation with the Better Business Bureau (BBB) and checking for any complaints filed with your state's attorney general is a great start. Compare multiple offers: Don't take the first offer you see. There are plenty of reputable debt consolidation loan lenders and programs.

Is it hard to get approved for debt consolidation? ›

If you have excellent credit, high income and are borrowing a relatively small amount of money, it can be easy to get approved for a debt consolidation loan. On the other hand, if you have poor credit, low income and are applying for a large loan, it may be difficult to get approved.

Why do I get denied for debt consolidation? ›

Insufficient credit history or poor payment history can also lead to a denial of a debt consolidation loan. Remember, your payment history is the most important factor in your credit score, comprising 35% of your FICO® Score. Even one missed payment can damage your score.

How much do debt consolidation places charge? ›

Based on Investopedia research, minimum debt settlement fees often start at around 15% of the debt. Maximum debt settlement fees are commonly around 25%, though they could go as high as 30% in some cases. See our picks for the best debt relief companies to find some options with fees on the low end.

What is the best debt consolidation company? ›

Our Top 8 Lenders for Debt Consolidation Loans
  • LightStream: Our top pick.
  • SoFi: Best customer service.
  • PenFed: Best rates.
  • Discover: Best for credit score checkers.
  • Upstart: Best for bad or no credit.
  • U.S. Bank: Best for loyal customers.
  • Upgrade: Best discounts.
  • Wells Fargo: Best for in-person service.
3 days ago

Who is the best person to talk to about debt consolidation? ›

A good credit counselor will spend time reviewing your specific financial situation and then offer customized advice to help you manage your money.

What is the minimum credit score for a debt consolidation loan? ›

Every lender sets its own guidelines when it comes to minimum credit score requirements for debt consolidation loans. However, it's likely lenders will require a minimum score between 580 and 680.

How to get out of debt with bad credit and no money? ›

How to Get Out of Debt With No Money and Bad Credit
  1. Filing for Bankruptcy. Filing for bankruptcy is a last resort option for many people drowning in debt, mostly because it gets a bad rap. ...
  2. Debt Consolidation. Consolidating debt is a very popular debt relief option. ...
  3. Debt Settlement. ...
  4. The Snowball Method. ...
  5. The Island Approach.
Jan 11, 2023

Can I get a government loan to pay off debt? ›

While there are no government debt relief grants, there is free money to pay other bills, which should lead to paying off debt because it frees up funds. The biggest grant the government offers may be housing vouchers for those who qualify. The local housing authority pays the landlord directly.

What loans Cannot consolidate? ›

Private education loans are not eligible for consolidation. Direct PLUS Loans received by parents to help pay for a dependent student's education cannot be consolidated together with federal student loans that the student received.

Do banks give debt consolidation loans? ›

Banks, credit unions, and installment loan lenders may offer debt consolidation loans. These loans convert many of your debts into one loan payment, simplifying how many payments you have to make. These offers also might be for lower interest rates than what you're currently paying.

Why am I not eligible for a debt consolidation loan? ›

A lender will use your credit report as well as their own lending criteria to make a decision on whether they will offer a loan. If you are not on the electoral register or if you have recently moved jobs or house, then these factors can affect a lender's decision to decline a loan application.

How hard is it to get a debt consolidation loan? ›

It's very difficult for a borrower with a credit score below 579 to get approved for a debt consolidation loan. Lenders take on a lot of risk with lower credit score borrowers. You may have to put up collateral, pay high fees, or increase your credit score to get a debt consolidation loan.

What is emergency debt relief? ›

What is Emergency Debt Relief? Emergency debt relief is there to help halt or reverse the negative aspects of having debt. The form of debt relief that closest fits this description is bankruptcy. Filing for bankruptcy can have an immediate effect on debt related actions in progress.

How to spot a fake debt collector? ›

These scammers can be very convincing, which is why you need to spot the signs of a fake debt collection:
  1. They Ask for Info They Should Already Have.
  2. They Won't Share Their Info with You.
  3. They Threaten or Lie to You.
  4. They Insist You Pay Right Now.
  5. They Ask You to Pay by Untraceable Methods.

Are debt consolidation programs real? ›

Myth No.

Debt consolidation is a legitimate avenue to pay off debts, but it pays to research the credit counseling agency that offers this solution.

What is the catch with debt consolidation for the consumer? ›

You may pay a higher rate

Your debt consolidation loan could come with more interest than you currently pay on your debts. This can happen for several reasons, including your current credit score. If it's on the lower end, lenders see you as a higher risk for default.

Do debt consolidation companies ruin your credit? ›

Many debt consolidation options will have minor negative impacts on credit, but remember, they're temporary. They will also have long-term positive effects.


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