The Best New Hampshire Debt Consolidation Companies of 2020

Many New Hampshirites wrestle with student, medical, auto, credit card and other debt types. Though The Granite State has a booming economy with 2.6% GDP growth, and a extremely low unemployment rate of 2.6% (#2 lowest in the US), many New Hampshire residents have been left behind. In fact, 8.90% of residents live in poverty, and many have trouble with debt

The average New Hampshirite has $5,644 in personal debt, plus $178,409 of mortgage debt per capita. On average, residents have an open credit card balance of $6,401 and 74% of residents have a student loan, the average amount of which is $34,415 . Each year approximately 1,782 New Hampshirites declare bankruptcy. Fortunately for you, there are a number of New Hampshire debt consolidation options to help you get back on track financially.

So whether you live in Manchester, Nashua, Concord, or somewhere in-between, take charge of your financial situation and consider consolidating your debt load.

The Best Debt Consolidation Companies in New Hampshire (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 New Hampshire. 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.

Student Loan Adjusters, LLC

85 Stiles Rd
Salem, NH, 03079-4806
(800) 601-5432
http://www.studentloanadjusters.com

Rating: 8.65/10

Preferred Fi-cial Services Corporation

55 Daniel Webster Hwy
Meredith, NH, 03253-5610
(978) 722-0098

Rating: 8.76/10

Personal Credit Counseling

28 Old Nashua Road
Londonderry, NH, 03053
(603) 421-2999
http://www.helpwithdebt.com

Rating: 8.86/10

New Future Fi-cial

35 Manchester Rd. 11a suite 335
Derry, NH, 03038
(603) 434-5886

Rating: 8.97/10

Family Debt Arbitration & Counseling Services

104 Douglas Dr
Candia, NH, 03034-2319
(603) 483-0593
http://www.familydebt.com

Rating: 9.08/10

Emerson & Douglas Associates, LLC

26 Ermer Rd
Salem, NH, 03079-1231
(888) 939-1115
http://www.emerso-ddouglas.com

Rating: 9.19/10

Debt Management Systems

P.O. Box 735
Candia, NH, 03034
(800) 574-5054

Rating: 9.3/10

New Hampshire Debt Statistics

Total Debt$7,739,447
Debt Per Capita$5,644
Debt Per Capita Rank8

Source: World Population Review

New Hampshire Credit Card Debt Statistics

Average Credit Card Balance655
Average Credit Score$6,401
Avg Credit Card Balance Rank (1 = Highest Balance)15
Avg Credit Score Rank (1=Highest Score)46

Source: Experian

Mortgage Debt in New Hampshire

Mortgage Debt Per Capita$178,409
Avg 30 yr Mortgage Rate3.84%
Avg 15 yr Mortgage Rate3.35%
Median Home Value$280,400
Avg Outstanding Mortgage Debt$179,054
Difference Between Value and Mortgage Debt$101,346
Avg Homeowner FICO Score724

Source: Federal Reserve, Value Penguin, Experian

Payday Loan Debt in New Hampshire

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

Source: New Hampshire Government Website

Unemployment and the Economy of New Hampshire

Poverty Rate – Population8.90%
Poverty Rate – Population – Rank51
Poverty Rate – Family5.70%
Poverty Rate – Family – Rank51
Unemployment Rate (March 2020)2.6
Unemployment Rank2
GDP Growth2.6
GDP Growth Rank17

Source: US Census, Bureau of Labor Statistics

Student Loan Debt in New Hampshire

Percent of Population with Student Loans74%
Average Student Loan debt$34,415
Average Debt of New Graduates (2017-18)$36,776
Average Debt Ranknan
Percent of Graduates with Debt (2017-18)76%
Percent with Debt Ranknan
Usable Institutions (BA-Granting)9
Percent of Graduates at Schools with Usable Data92%
Nonfederal debt of graduates, as percent of total debt36%
Fall enrollment – Undergraduate total (IPEDS)120,536
Tuition and Fees (in-district/in-state)$24,861
Total Cost of Attendance (on-campus)$42,589
Percent of Institutional Grants that are Need-Based84%

Source: Value Penguin, TICAS

Cost of Living in New Hampshire

Annual Mean Wage (All Occupations)$52,350
Median Monthly Rent$1,748
Value of a Dollar$0.94
Cost of Living109.7
Cost of Living Rank37
Grocery Cost Index100.4
Housing Cost Index110.3
Utilities Cost Index119.5
Transportation Cost Index111.4
Miscellaneous Cost Index116.1

Source: World Population Review