Debt Consolidation and College Students

Is Credit Counseling the Answer?1

Fort Lauderdale, Florida - The average undergraduate has $2,200 in credit card debt, according to Nellie Mae, the nation's largest maker of student loans. That figure jumps to $5,800 for graduate students. Since so many student credit cards have high annual percentage rates, the longer these students wait to pay the cards off, the worse it gets. If they just pay the minimum payments

it would take a student more than 12 years and $1,115 in interest to pay off a $1,000 balance on a credit card with an 18 percent annual rate. Interest rates increase if students fall behind on the debt, which in turn makes it more unlikely that the student can repay their debt.

A New Horizon Credit Counseling has a solution with their Financial Wellness Plan that will assist students to restructure their debt based on their income and other factors. We can assist the human resource dept and guidance counselors to help these students who have credit card debt. Many of these students don’t know where to turn to for help. Our nationally recognized Financial Literacy Program offers an array of courses on budgeting, using credit wisely, and savings strategies for debt challenged consumers.

In addition, a New Horizon offers valuable information to the student each month with our Financial Education “Topic of the Month". Such topics include "Becoming Financially Fit", "How To Prepare for Tax Season" and "Homeownership vs. Renting". To learn more about A New Horizon's financial literacy programs and materials, please visit our on-line Learning Center or contact our Information & Education Department at www.anewhorizon.org.

Speak With A Certified Consumer Debt Specialist And See How Much Money You Can SAVE

Get your free debt analysis now! Find out how much you can save.
First Name:	Last Name:
Email:	State:
Home Phone:	Amount of Debt:

***WANT YOUR CREDIT SCORE and REPORT? CLICK HERE***

Live Chat by Comm100

@anewhorizoncc

TOPICS OF THE MONTH
Dealing With the Bills after the Holidays
Holiday Shopping In A Single Day
Coupon Codes and Savings

Financial Wellness Videos
How to Save and Go Green With Your Kids

Press Releases
New Credit Score Model May Help Consumers
Reports Bankruptcies Fall in 2011
Half of All Americans Low Income Or Poverty Level

For a completely confidential debt consolidation credit counseling and college credit counseling budget analysis, call A New Horizon today! Let our Certified Credit Counselors help you get a handle on your budget and pave the way for a strong and secure financial future.