Debt Consolidation Montana

How Much Debt is the Average Montana Resident in?

The average Wisconsin household has the lowest average credit card debt, which is $6,504. The state also ranks 22nd for highest median annual household income, $64.168.

Officials say, setting aside the recommended 15% of earnings to pay off debt, it would take 9 months to pay off the balance would cost $534 in interest.

The report stated it would take the median American household, earning $65,712, 11 months to pay down the average credit card balance of $7,941.

For 2020, Louisiana takes the number one spot for biggest debt load, and Mississippi came in second. Oklahoma, Alabama, and Arkansas followed behind. The report states 13 out of the 14 states with the highest debt burdens are in the region defined by the U.S. Census as the South.

How Much Debt is the Average Montana Resident in?


Upgrade is a debt consolidation lender for those in Montana, APR is 5.94-35.97%. The term is 3-5 years and a max of $50,000.

Lightstream is a debt consolidation lender which has an APR of 4.98% with a loan term of 2-7 years. Their max loan size is $100,000.

Best Egg is a debt consolidator for Montana, APR is 5.99% for 3-5 years. The max loan is $50,000.

SoFi is a debt consolidator for Montana, APR 4.99-19.63%. The term is 1-5 years with a maximum of $100,000.

PenFed offers debt consolidation loans in Montana. The APR is from 5.99 – 17.99% for 1-5 years with a maximum of $50,000.

PayOff‘s loans offer an APR of 5.99% for a 2-5 year term. The maximum loan is $35,000.

Marcus offers Montana debt consolidation loans for APR 6.99-19.99% for 3-6 years. Loans max out at $40,000.

Avant is a debt consolidator than has an APR of 9.95 – 35.99% for 2-5 years. The maximum loan amount is $35,000.

LendingClub‘s debt consolidation loans have an APR 7-35%. The loan term is 3-5 years and the max you can borrow is $40,000.

Check out a full list of debt consolidation lenders for New Jersey, here.