đź’ˇ Owe More Than $10,000 in Unsecured Debt?
New Era Debt Solutions has helped thousands of people—including Montana residents—settle their debt for less. They charge no upfront fees and provide a free consultation.
Top Debt Relief Options in Montana
- Credit Counseling Services – Nonprofit organizations offer free budgeting help, debt advice, and financial education. It’s a great first step for residents in Missoula, Bozeman, and beyond.
- Debt Management Plans (DMPs) – Consolidate your unsecured debts into one monthly payment and possibly reduce your interest rates without taking on new debt.
- Debt Consolidation Loans – These loans combine multiple debts into one with a fixed monthly payment. Approval depends on your credit profile.
- Debt Settlement – A professional negotiates with your creditors to reduce the amount owed. While this affects your credit temporarily, it can save thousands in total payments.
- Balance Transfer Credit Cards – Good credit? You might qualify for a 0% APR offer, helping you pay down balances without accruing interest (but be cautious of balance transfer fees).
- Bankruptcy (Chapter 7 & 13) – As a final option, bankruptcy may discharge your debt or help you restructure payments. Legal advice is highly recommended.
Montana Debt Relief Resources
- Consumer Credit Counseling Service of Montana – Offers DMPs, financial coaching, and bankruptcy counseling statewide.
- Money Fit by DRS – Provides national-level debt relief support to Montana residents, including consolidation and budgeting assistance.
- Freedom Debt Relief – A leading debt settlement firm helping Montanans negotiate down their unsecured debt.
- National Debt Relief – Works with Montana residents to create personalized debt resolution plans.
Compare the Top Debt Relief Companies in Montana
| Company | Founded | Minimum Debt | Fees | Montana Coverage | Learn More |
|---|---|---|---|---|---|
| New Era Debt Solutions | 1999 | $10,000 | 15–25% | Yes | Visit Site → |
| Freedom Debt Relief | 2002 | $7,500 | 18–25% | Yes | Visit Site → |
| National Debt Relief | 2009 | $10,000 | 18–25% | Yes | Visit Site → |
Montana Debt Relief FAQ
1. What’s the best way to start debt relief in Montana?
Start by speaking with a nonprofit credit counselor. They can help residents in Billings, Missoula, Great Falls, and Bozeman assess their situation and explore personalized solutions like DMPs or settlement.
2. Is credit counseling free in Montana?
Yes, most nonprofit agencies offer free initial consultations, and some provide ongoing services at no cost or for a small fee.
3. How does debt settlement affect my credit?
Debt settlement can reduce your credit score short-term, but it may help you avoid bankruptcy and pay off your debt faster.
4. Can I get a debt consolidation loan in Montana with bad credit?
It’s possible, but terms will vary based on your credit profile. Explore alternatives like a DMP first if you’re not sure.
5. Are there local bankruptcy lawyers in Montana?
Yes, you can find experienced bankruptcy attorneys in Billings, Missoula, and Kalispell to help with Chapter 7 or Chapter 13 filings.
6. What’s the difference between a DMP and a consolidation loan?
A DMP doesn’t require new credit and works through a counselor. A consolidation loan is new debt that replaces your existing balances.
7. What if I live in a rural Montana town?
Many agencies serve all of Montana remotely via phone or online, so even if you’re outside major cities, help is still accessible.
8. Can I still qualify for debt relief if I’ve missed payments?
Yes. In fact, most people who enroll in DMPs or settlement programs are behind on payments. It’s never too late to seek help.
9. What government resources exist for Montana debt relief?
While the state doesn’t offer direct relief programs, residents can benefit from oversight and education via the CFPB and nonprofit agencies.
10. Are balance transfer cards worth it?
Only if you have strong credit and a plan to repay the balance before the promo APR expires. Otherwise, they can backfire due to fees.
