El Paso Debt Consolidation

Our nonprofit credit counseling service has been able to help El Paso residents in need of debt consolidation and debt relief live free from the difficulties of credit card and other unsecured debt for over twenty years now! We offer residents of El Paso a free, no obligation debt consultation that can be done on the phone or online with one of our supportive certified credit counselors.

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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Debt Consolidation Services in El Paso

Debt Consolidation Can Benefit El Paso Residents

The city of El Paso, TX takes pride in maintaining its old-school multi-cultural charm. It thrives as a fusion of American, Native American, and Mexican influence. While other cities are capitalizing on population booms by building up and out and drawing in national business, El Pasoans are content with their leisurely paced, tight-knit community.

This attitude has contributed to the strength and economic stability El Paso has sustained. For example, home prices have remained steady and affordable. El Pasoans also live a modest lifestyle placing them among the top 35 cities in Texas with the lowest debt to income ratio. This statistic seems to suggest that residents of El Paso are savvy when it comes to household finances.

Unfortunately, many residents fall victim to circumstances beyond their control. El Paso, for one, is dependent on the auto manufacturing industry. With the decline of auto sales, El Paso has seen a decline in available employment. The city’s economy also relies on trade agreements between El Paso and Mexico. Many have blamed recent political campaigns for straining these agreements and lessening the value of the peso. For these two reasons, El Paso, which sits near the border has seen less revenue come in through business and consumer spending. To make matters worse, El Paso’s income averages fall far below Texas and national averages. Hourly employment, in fact, pays on average 25% less. These averages may reflect a smaller town, quieter economy or perhaps are the result of a community with a lower college attainment rate. El Paso does, in fact, have many community resources to help residents wade through any struggles they may face. However, many of these organizations have also found themselves in economic uncertainty.

To anyone in need of financial support, we would like to help. Through a free consultation with a certified credit counselor, we can assess your budget and needs and answer your questions concerning healthy spending and debt relief through debt consolidation. We offer a range of tools that help individuals in a variety of circumstances find their way to financial well-being. Put our tips to work and your only worry will be getting dared to eat the largest cut at Cattleman’s Steakhouse.

El Paso Financial Resources:

United Way Financial Literacy Classes

FirstLight FCU Financial Education Classes

YWCA Economic Empowerment

Texas Financial Resource Guide