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Find the Best Debt Consolidation in Detroit, MI

If paying your bills has become a monthly juggling act or you’re thinking about declaring bankruptcy, consider debt settlement. We researched companies offering the best debt consolidation in Detroit to give you options for personal debt relief.

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Compare Top Debt Consolidation Loan Companies

National Debt Relief
Overall satisfaction rating
  • Minimum $10,000 credit card debt required
  • No upfront costs or fees
  • Debt consolidation loan alternative
  • No fees until your debt is resolved

Compare Quotes Now

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Freedom Debt Relief
Overall satisfaction rating
  • Available in Detroit
  • Debt consolidation loan alternative
  • Track your progress 24/7
  • Minimum $15,000 credit card debt required

Specializes in debt settlement services. Debt can be settled in 24 to 48 months, and fees range from 15% to 25%. $15,000 minimum debt required. Track progress 24/7 via online dashboard. No-risk debt relief consultation offered.

Learn More (855) 381-0979 Read More
CreditAssociates
Overall satisfaction rating
  • Available in Detroit
  • Free, no-obligation consultation
  • Free Debt Analysis and consultation
  • Minimum $10,000 debt required

This debt settlement company helps clients eliminate debt in as little as 24-36 months. It uses state-of-the-art software and a team of experts to negotiate your debt with your creditors. Settlement only, not a lender.

Learn More (888) 492-5184 Read More
Accredited Debt Relief
Overall satisfaction rating
  • Minimum $10,000 credit card debt required
  • Eliminate multiple creditors
  • No fees until your debts are resolved
  • Negotiators work to settle your debts

Minimum debt required is $10,000. Average debt settlement program takes 2-4 years. Multiple plans available, and no fees are required until settlement is reached. Money-back guarantee. Debt settlement only, no loans available.

Learn More (877) 566-8703 Read More
CountryWide Debt Relief
Overall satisfaction rating
  • Debt free in 12-48 months
  • Minimum $10,000 credit card debt required
  • Approval is guaranteed
  • Debt settlement services

Offers options for debt relief, including debt consolidation programs, debt settlement and credit counseling. Helps people facing financial hardships or bankruptcy. Not a direct lender. Recommends a minimum debt of $10,000.

Learn More (877) 944-9077 Read More
Pacific Debt
Overall satisfaction rating
  • Minimum $10,000 credit card debt required
  • Free consultation with certified debt counselor
  • Debt consolidation loan alternative
  • No fees until you get results

$10,000 minimum debt required. Low monthly program payment and no upfront fees. Service fees vary between 15 and 25% of the total debt enrolled. Most results take 24-48 months. Offers debt negotiation, but not consolidation loans.

Learn More (213) 330-0553 Read More
Debt Rx
Overall satisfaction rating
  • Minimum $10,000 credit card debt required
  • Free, no obligation debt analysis
  • Tailored debt solutions for each customer
  • Services offered in Spanish

Get personalized service and attention when you’re seeking debt relief. Find out more about your debt relief options with a free confidential consultation, and use its debt calculator to see how much you can save.

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Advantage One Credit Union
  • Fast quotes
  • Debt settlement
  • Checking services
  • 24/7 loan hotline
Location
13050 Fort. St.
Southgate, MI 48195
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Affable Debt Consoidation
  • M-F: 9am - 7pm
  • Sat: 9am - 5pm
  • Closed Sun
  • yelp.com/biz/affable-debt-consolidation-detroit-3
Location
615 Woodward Ave.
Detroit, MI 48226
CareOne Debt Relief Services
  • M-Th: 9am - 8pm
  • F: 9am - 6pm
  • Closed Sun
  • careonecredit.com/debt-consolidation/michigan/detroit
Location
Online services available in
Detroit, MI
DebtConsolidationCare
  • M-Sun: 9am - 6pm
  • debtconsolidationcare.com/michigan
Location
Online services available in
Detroit, MI
Debt Reduction Services
  • M-F: 9am - 8pm
  • Closed Sat and Sun
  • debtreductionservices.org/debt-consolidation/detroit-michigan
Location
Online services available in
Detroit, MI

How to consolidate debt in Detroit

detroit skyline

The Federal Trade Commission reports consumer debt is at an all-time high, but when it comes to per capita personal debt, Detroiters have less than the average American.

Detroit Michigan United States
Median household income $28,099 $52,492 $57,617
Average credit card debt $5,203 $6,082 $9,333

Debt consolidation rolls multiple unsecured debts into one, replacing multiple monthly payments into one manageable payment. Other types of unsecured debt include student loans, medical bills and utility bills. It’s ideal for people who have good credit scores and multiple high-interest debts that could be simplified with one lower-interest monthly payment.

There are two ways to consolidate debt:

  1. Transfer existing debt to a zero percent interest credit card. Be sure you can pay off the balance of your debt within the promotional period of zero percent interest.
  2. Take out a debt consolidation loan through a debt consolidation company.

Is a debt consolidation loan right for you?

Debt consolidation replaces multiple monthly bills with one lower-interest monthly payment, making it easier to pay off your debt faster. This avoids damage to your credit score, but it’s not all roses and sunshine.

If you fail to meet the terms of your payoff plan, you will face a lot of penalties. The risk of penalties comes from both the loan lender and from the original lines of credit if during the process of consolidation they agreed to reduce or remove fines or fees.

It’s important to remember that debt consolidation isn’t right for everyone. Debt consolidation shouldn’t be confused with filing for bankruptcy relief. Debt consolidation works best for people who have consistent income, a credit score good enough to qualify for a low-interest loan and whose total debt doesn’t exceed 50 percent of their income.

If you’re like the millions of Americans who struggle with too many monthly bills, debt consolidation companies in Detroit might have the right solution.

Detroit Debt Consolidation Reviews

National Debt Relief

National Debt Relief is a trusted name in credit card debt settlement. With a source of income, you can quickly qualify and pay no upfront fees until your debt is settled. National Debt Relief can reduce debt up to 49 percent through transparent, helpful customer service, which earns them excellent reviews

National Debt Relief Learn More

Freedom Debt Relief

Freedom Debt Relief helps Detroit residents in debt by taking what they owe and reducing it or consolidating their accumulated debt into one simple payment. Customers have access to a client dashboard online that provides easy account access to check progress, and they can ask questions of Freedom Debt Relief’s helpful customer service.

Freedom Debt Relief Learn More (855) 381-0979

CreditAssociates

Credit Associates is based in Texas and available by telephone or online for Detroit clients. The company assigns you a team of experts that will begin working on your case immediately. Detroit Customers say they experienced excellent service working with the company.

CreditAssociates Learn More (888) 492-5184

Accredited Debt Relief

Accredited Debt Relief uses proven negotiators to work with top debt relief companies across the country, helping customers settle their debts for less than what they owe. The company is an authorized member of the American Fair Credit Council and gives back to community charities monthly. Customers often give Accredited Debt Relief five star reviews, noting their professional, personalized service.

Accredited Debt Relief Learn More (877) 566-8703

CountryWide Debt Relief

At CountryWide Debt Relief, approval of a debt consolidation option is guaranteed and you can see what you qualify for in a matter of minutes. A variety of plans try to get customers debt-free in just a year or two. Case studies on their website show how debt consolidation plans have worked for others.

CountryWide Debt Relief Learn More (877) 944-9077

Pacific Debt

With certified debt counselors to guide your debt settlement every step of the way, Pacific Debt charges no upfront fees until you get results. The company has helped settle more than $200 million in debt for clients. Reviews speak highly of having access to a personal account manager who can help set up an affordable payment plan.

Pacific Debt Learn More (213) 330-0553

Debt Rx

Debt Rx is an experienced debt settlement company. They work with people having $7,500 or more in credit card debt. The company prides itself on being smaller than its competitors to better focus on personal service to find individual solutions for debt relief. For those behind on payments, Debt Rx may be the right prescription to ease the pain of being in debt.

Debt Rx

Advantage One Credit Union

Advantage One Credit Union has been a staple of the Downriver area since the 1950s. They are known for friendly and helpful credit union employees and customer service agents. However, one of the biggest perks is their commitment to helping customers improve their credit scores.

Advantage One Credit Union