Arkansas Debt Relief Program
How much do you owe?
Prices In Arkansas Are Steadily Rising
Throughout the country, Arkansas is perhaps best known for its spectacular geography.
With the Ozarks, the Buffalo River, and Hot Springs National Park all calling the state home, it’s not hard to see why. Arkansas is also widely known for its relationship with Walmart.
The company was founded in Rogers, AR and is currently headquartered in Bentonville. One thing that Arkansas has not been known for over the years? A high cost of living.
Arkansas has consistently ranked among the most affordable states. With an 86.9 cost-of-living index that hasn’t changed for 2022. What has changed is skyrocketing inflation – households across the country are now dealing with an unprecedented spike in housing and grocery costs and AR is no exception.
Wages have risen this year, but not fast enough to keep pace with inflation. The state’s average credit card debt of $5,327 suggests that families are turning to credit to get by.
*** SPECIAL NOTE *** – If your credit cards, personal loans, or medical debts have become unmanageable and you owe over $20,000… then go here for debt relief. We can help!
Arkansas Debt Relief
It can be tempting to compare that number to the national average debt of over $6000 and assume that the Nature State is managing debt better than most, but this can be misleading: a balance of $5,000 in a low cost of living (and low wage) state is arguably harder to pay off than a higher balance in a wealthier state.
Arkansas’ per capita income is lower than the national average, while its poverty rate is higher.
It’s no surprise that Arkansas debt relief is at the tip of everybody’s tongue.
Trapped Making Minimum Payments?
If so, you’re not alone.
Fortunately, there’s a smarter way to regain control of your financial situation. Check out some of the most effective Arkansas debt relief options below.
As America’s trusted source for debt relief solutions, we aim to empower you with financial knowledge that can lead to informed decisions, whether it’s about savings, investments, or managing debt.
If your debt has become unmanageable and you have difficulty making your debt payments each month, then you should consider a FREE consultation call with one of our certified Debt Consultants, who can provide personalized debt relief advice tailored to your specific needs.
By taking proactive steps today, you can put an end to your financial stress and work towards a brighter financial future.
Remember, there is always hope for debt relief, and our team of experienced professionals are ready to guide you on your journey to regaining control of your finances.
For more information on Americor’s debt relief services, contact us today to see how we can help you eliminate your debts, and get on the fast-track to becoming completely debt-free!
Sources:
https://worldpopulationreview.com/state-rankings/cost-of-living-index-by-state
https://www.axios.com/local/nw-arkansas/2022/01/31/6-predictions-for-arkansas-economy-in-2022
https://www.cnbc.com/select/average-credit-card-balance-by-state/
https://www.census.gov/quickfacts/fact/table/AR/PST045221
“In 2020, I was drowning in debt. I enrolled in Americor for my 10 creditors for $110,000… and today (three years later) I have cleared my entire balance. It was not an easy process, but Americor guided me through and I am debt free!”
“I was down $80k in business debt, and I remember hearing Americor radio advertising. My credit score was down to 570 from 810. I’ve been in the program for over 3 years. It works, just be patient. And my credit score is currently back up to 710!”
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Young P.
“I was trapped in a lot of credit card debt for years before contacting Americor. I felt trapped and distressed, I didn’t think I would ever find a way out. Americor reassured me that they would take care of my debt and provide me with that way out I’ve been searching for.”
Arkansas Debt Relief FAQs
Debt relief in Arkansas: What to know
Arkansas debt resolution can come in several forms. Debt relief programs are designed to help people struggling with debt to develop a structured plan to get out of debt. Such programs can include debt management, debt consolidation, debt settlement and even bankruptcy as a last resort for help with debts.
The statute of limitations in Arkansas
The statute of limitations in Arkansas is five (5) years. This applies after five years of no payments being made after the credit card account is closed by the creditor or consumer. This includes payments to collectors or the original creditor of your debts.
Some debt relief companies are more reliable than others. Companies that want money upfront and have no accreditations would be higher risk options. Be sure to research any debt resolution program thoroughly when searching for financial freedom.
Debt consolidation loans: Good idea or bad idea?
Consolidating many high interest debts into one lower interest loan can help save you money. Debt consolidation can be a bad idea and lead to more debt if the loan interest rate is equal or higher than the existing debts. It can also be tempting to continue to use credit cards after transferring the balance which can lead to an even bigger debt hole.
Imagine life completely
free of debt!
or call the number below to speak with
a certified Debt Consultant today:
