Lousiville Debt Consolidation

Our nonprofit credit counseling service has helped Louisville residents in need of debt relief live free from the weight of heavy credit card and other unsecured debt through debt consolidation for over twenty years now! We offer residents of Louisville a no-cost debt consultation that can be done on the phone or online with one of our 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 can provide relief for Louisville residents struggling with credit card debt.

Louisville Residents Struggling to Pay bills Can Turn to Debt Consolidation

The city of Louisville, Ky considers itself a mixture of southern and Midwestern culture as smooth as the bourbon it has become famous for. From horse racing to hunting to bluegrass concerts to bars to sports to museums and underground venues, there is never a dull moment in the ‘Ville. Louisville residents indeed have much pride in this place where they enjoy the changing of seasons, unmatched cuisine, and a tight-knit community.

In the past few years, Louisville has seen a boom in manufacturing and logistics, part of which has supplied the aerospace industry. Healthcare has also been a strong source of employment for the area. Interestingly, horse farms and racing provide a third point of stability for Louisville’s economy. Due to a localized push to connect households to these job opportunities, Louisville’s unemployment rate is better than the national average. Additionally, Louisville residents enjoy their city and its amenities all while earning higher wages since 2016 and paying a lesser cost of living than those in cities of comparable size.

Louisville, however, is not without its problems. Moving into 2018, the city’s employment rate has declined month over month. Though the wages recently increased, they are still dragging behind averages in the U.S. While living in Louisville is considered affordable, it does cost more than many smaller cities and those with lower income or suffering unemployment struggle to make ends meet. As of 2016, households in Louisville held credit card balances averaging $4,900. These challenges could be a direct cause of residents seeking outside resources such as credit or loans to stay afloat. Soon these individuals will need a long-term, less burdensome solution.

At Debt Reduction Services, our certified credit counselors specialize in reviewing incomes and budgets and developing effective plans for becoming debt free and stable. Debt can be stressful and confusing. Our experienced staff can be a resource to answer questions and walk you through the best option for your circumstance. With their help in hand, your only worry will be forgetting to sport your blue on game day.

Louisville Financial Resources

Louisville Kentucky Resilience and Community Services Workshops

Louisville Public Library Finance and Career Classes

Kentucky Financial Resource guide