Denver Debt Consolidation

As a nonprofit credit counseling service, we’ve helped Denver residents in need of debt consolidation and debt relief defeat heavy credit card and other unsecured debt for over twenty years now! We offer residents of Denver a free, no obligation debt consultation that can be done on the phone or online with a compassionate certified credit counselor.

Will Debt Consolidation Help?

  • Get a free financial assessment
  • Learn about your options
  • Find a plan that fits your budget
  • Reduce interest rates and stop late & over limit fees
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Large amounts of debt require debt consolidation in Denver Colorado

An Increasing Need for Debt Consolidation Services in Denver Colorado

The city of Denver, Co is one rare location where the outdoors have come together with urban convenience in a way that can only be described as perfect. Snow or grass covered mountains offer residents an array of soul feeding adventures. Mix in some hearty rustic food, western and Mexican influences, and thriving sectors of industry and you’ve got a winning formula.

Denverites clearly have many things to be positive about in the present. Trends are also predicting an equally bright future. Job growth over the past year has exceeded national averages and will continue adding an estimated 39,000 positions to the market. This will improve an already impressively low unemployment rate. Additionally, with business and housing growth, residents of Denver may also enjoy a boost in wages and salaries which even now are healthy and desirable.

As the area expands, the housing market is suppose to become more balanced and homeownership more attainable. With businesses finding Denver more and more appealing, Denverites should have very little reason to worry for the economic climate of their mountain community.

While the larger economy is running like a well oiled machine, residents of Denver do find it difficult to manage their personal finances. Credit usage stands out as the biggest plague to financial health. Credit card debt accounts for $6,000 of money owed on average by Denver households. When student, car, and other personal loans are factored in, the average debt jumps to almost $42,000. Inability to pay back these amounts according to terms could be the cause of lower credit scores in the area.

As with most states in the country, the ballooning cost of higher education has become more of a burden, especially with a rampant amount of for-profit institutions in Colorado. Many students graduate with loads of debt and an education that is a worthless foundation for acquiring a job or upon which to build a higher degree. It is reported that more than 10% of graduates who have debt will eventually default on repayments. For some institutions the number can be as high as 26%.

Debt of any kind is always an unwanted burden, but many are not beyond management. If you are looking for a way out of debt or are needing to improve your credit score for a purchase, we are prepared with your pathway there. Our certified credit counselors can work with you to build a budget and revise spending, as well as assess your need for debt consolidation in order to put you back in control of your financial future. With our plan in hand, your only worry will be topping a new fourteener.

Denver Financial Resources:

Fundamental Finance Academy Workshops and Counseling

University of Colorado Denver Financial Education Events

Colorado Financial Resource Guide