Hawaii Debt Consolidation and Counseling Services
Debtors Unite continually reviews Hawaii debt consolidation and credit counseling services. You deserve to have objective information about options available to you no matter what your situation.
You may find that you have many loan options available. This is normally true if your credit score is at least a 660 and your debt-to-income ratio is within normal limits. These debt consolidation loans can simplify debt repayment, giving you a single consolidated payment at one interest rate.
Hawaii hosts a number of banks and finance companies that promise to consolidate debt. The challenge of course is to get approved for a single loan that will bring all of your high-interest debt balances into one balance, and at an interest rate below what you are already paying.
This gets more difficult if you already are dealing with mountains of debt. Your debt ratios may be out of whack, and your credit scores suffer when you carry
balances that are too high. This is a situation that calls for credit and debt counseling.
A credit counseling agency provides education and information to help you evaluate your finances. They can also facilitate an arrangement with your creditors where they may adjust the terms of your debt repayment. This
debt management program consolidates the payments on all of your credit cards and unsecured personal loans into one monthly payment. Most clients receive lower interest rates through the program, though there is no guarantee that your creditors will agree to lower your rates. Credit counselors are trained to identify situations where you would likely qualify for benefits, and they can help you obtain those benefits if you are eligible.
One such credit counseling agency that has served Hawaii since 2004 is
Vision Credit Education, which is an accredited credit counseling organization and true nonprofit charity under Internal Revenue Code 501(c)(3). Their Accredited Financial Counselors have helped thousands of clients understand their options and guide them through an action plan for better results. Call them at 1-800-379-4720. There are also other credit counseling agencies located in Hawaii and you are encouraged to obtain second and third opinions so that you are comfortable with the direction that you have chosen.