The Best Arizona Debt Consolidation Companies of 2020

Many Arizona residents wrestle with auto, medical, credit card, payday and other debt types. Arizona ranks in the bottom half of the country in terms of unemployment, with a rate of 5.5%. Approximately 18.20% of the population and 13.30% of families live in poverty.

The average Arizonan has $1,937 in personal debt, plus $202,148 of mortgage debt per capita. On average, residents have an open credit card balance of $6,389 and 54% of residents have a student loan, the average amount of which is $23,967 . Each year approximately 16,999 Arizonans declare bankruptcy. If this is you, there are Arizona debt consolidation options to help you reach your financial goals.

So whether you live in Phoenix, Tucson, Mesa, or somewhere in-between, take charge of your financial situation and consider consolidating your debt load.

The Best Debt Consolidation Companies in Arizona (updated 2020)

Finding a legit debt consolidation firm can be tough. We’ve done the research and picked the [n] best debt consolidation firms in the state of Arizona. Our criteria includes online reputation, breadth of services offered, and demonstration of expertise. All have at least an A rating with the Better Business Bureau.

Vanderford Center Inc. – Phoenix

P.O. Box 78330
Phoenix, AZ, 85062-8330
(928) 875-8000

Rating: 7.94/10

Vanderford Center Inc.

1725 S. Berry Knoll Blvd.
Centennial Park, AZ, 86021-1200
(928) 875-8000

Rating: 8.03/10

Source Credit Group

3219 E. Camelback Road #396
Phoenix, AZ, 85018
(800) 477-0612

Rating: 8.13/10

Pro Card Services Inc.

806 N. 24th Street #2
Phoenix, AZ, 85008
(877) 645-0138

Rating: 8.23/10

National Credit Rescue

5026 E Michelle Dr
Scottsdale, AZ, 85254-7616
(602) 930-3887

Rating: 8.33/10

Money Management International, Inc.

2401 W Peoria Ave Ste 120
Phoenix, AZ, 85029-4790
(800) 308-2227

Rating: 8.43/10

LandAmerica Transnation

2580 Highway 95 Ste 121
Bullhead City, AZ, 86442-7328
(928) 763-3211

Rating: 8.53/10

Global Fi-ce

6501 E Greenway Pkwy Ste 103-549
Scottsdale, AZ, 85254-2065
(800) 520-9942

Rating: 8.64/10

First American Credit Services LLC.

2727 W. Glendale Avenue #206
Phoenix, AZ, 85051
(602) 995-9550

Rating: 8.74/10

Federal Education Services

5150 N 16th Street #A223
Phoenix, AZ, 85016
(602) 944-1070

Rating: 8.85/10

Epic Credit Solutions

60 E Rio Salado Pkwy Ste 900
Tempe, AZ, 85281-9126
(877) 447-0288

Rating: 8.96/10

Debt Eaters Inc.

4301 N 75th St Ste 202
Scottsdale, AZ, 85251-3538
(480) 288-6062

Rating: 9.07/10

Consumer Protection Legal Center

Phoenix, AZ, 85004-4436
(480) 696-5811

Rating: 9.18/10

Ark Fi-cial Services, LLC

Phoenix, AZ, 85016-8299
(602) 344-9102

Rating: 9.29/10

American Student Loan Services

10850 N. 24th Avenue
Phoenix, AZ, 85029
(800) 575-1099

Rating: 9.4/10

Arizona Debt Statistics

Total Debt$14,291,349
Debt Per Capita$1,937
Debt Per Capita Rank38

Source: World Population Review

Arizona Credit Card Debt Statistics

Average Credit Card Balance669
Average Credit Score$6,389
Avg Credit Card Balance Rank (1 = Highest Balance)16
Avg Credit Score Rank (1=Highest Score)35

Source: Experian

Mortgage Debt in Arizona

Mortgage Debt Per Capita$202,148
Avg 30 yr Mortgage Rate3.98%
Avg 15 yr Mortgage Rate3.43%
Median Home Value$257,600
Avg Outstanding Mortgage Debt$202,959
Difference Between Value and Mortgage Debt$54,641
Avg Homeowner FICO Score696

Source: Federal Reserve, Value Penguin, Experian

Payday Loan Debt in Arizona

Payday Loan Legal StatusLegal
Max Payday Loan Amountnan
Max Payday Loan Termnan
Max Payday Loan APRnan

Source: Arizona Government Website

Unemployment and the Economy of Arizona

Poverty Rate – Population18.20%
Poverty Rate – Population – Rank9
Poverty Rate – Family13.30%
Poverty Rate – Family – Rank12
Unemployment Rate (March 2020)5.5
Unemployment Rank42
GDP Growth3.8
GDP Growth Rank9

Source: US Census, Bureau of Labor Statistics

Student Loan Debt in Arizona

Percent of Population with Student Loans54%
Average Student Loan debt$23,967
Average Debt of New Graduates (2017-18)nan
Average Debt Ranknan
Percent of Graduates with Debt (2017-18)nan
Percent with Debt Ranknan
Usable Institutions (BA-Granting)2
Percent of Graduates at Schools with Usable Data20%
Nonfederal debt of graduates, as percent of total debtnan
Fall enrollment – Undergraduate total (IPEDS)501,391
Tuition and Fees (in-district/in-state)$9,293
Total Cost of Attendance (on-campus)$27,246
Percent of Institutional Grants that are Need-Based75%

Source: Value Penguin, TICAS

Cost of Living in Arizona

Annual Mean Wage (All Occupations)$49,290
Median Monthly Rent$1,356
Value of a Dollar$1.04
Cost of Living97.0
Cost of Living Rank24
Grocery Cost Index96.9
Housing Cost Index91.7
Utilities Cost Index107.4
Transportation Cost Index109.6
Miscellaneous Cost Index94.7

Source: World Population Review