Portland Debt Consolidation
Our nonprofit credit counseling organization has helped Portland residents to obtain debt consolidation to lift their burden of heavy credit card and other unsecured debt for over twenty years now! We extend to residents of Portland a free, no obligation debt consultation that can be done on the phone or online with a 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
Portland Residents Burdened by Debt May Find Relief Through Debt Consolidation
The city of Portland, Or infuses the west coast attitude into its own set of priorities and pleasures. You will seldom find another city as dedicated to earth-friendly living. Residents of Portland enjoy a unique food culture positioned around coffee, beer, mushrooms, hazelnuts, and dungeon crab which can be found in the farmer’s markets that trump any fast food chain. The respect that Portland residents have for nature is also observed in their passion for biking, hiking, recycling, and caring for dogs…and chickens!
Portland, like many unique cities, tries to shun the influence of outsiders. Interestingly, about 50% of the current population is made up of transplants, many of which are young professionals. A number of factors explain the relocation including a lower rate of unemployment and higher wages in the area than the national average. Trends show incomes continue to rise. Portland is particularly popular for those in Health Education since this industry has been showing steady growth and opportunity. In addition to these strengths, Portland as part of the state of Oregon has made a continuous effort to teach financial education throughout its community. This is apparent in the mission of local nonprofit organizations as well as in the curriculum required in schools.
Unfortunately, not Portland’s picture is as positive. The city finds itself in a time of transition as trending industries thrive and those that built Portland are becoming irrelevant, along with the employers who skilled cannot be adapted to today’s demands. For example, manufacturing and industrial needs have declined all across the U.S. as well as in Portland. The area also suffered layoffs at one of its larger employers over the summer of 2017. For these reasons, employment has been ticking downward.
Another point of struggle for residents is the higher cost of living. It may surprise many to hear that Portland’s housing is reported to cost 35% higher than average in the U.S. This leaves households with little disposable income left over. To make matters worse, the city of Portland itself is in debt causing cuts to hardship resources for lower income, disadvantaged, and struggling families. As a result, many residents of Portland have taken on a burdensome load of debt.
Debt Reduction Services is here to give those with debt a place to turn. Our certified credit counselors are ready to assess your budget and debt and offer real solutions for any circumstance. Once we’ve helped you get back on track, your only worry will be craving a VooDoo donut during the tourist rush hour.