Take Control of Your Finances: Debt Relief Now Available

Are you struggling to keep up with high-interest debt? The Asset Building Coalition of Kitsap is here to help. Our new debt reduction program offers loans up to $2,000 to consolidate and pay off existing debt, including:

• Credit cards
• Personal loans
• Payday loans
• Medical bills
• Legal obligations

How it Works:

1. Apply: Complete our simple online application.
2. Get Approved: If approved, receive a loan up to $2,000.
3. Pay Off Debt: Funds will be used to directly pay off your high-interest debt.
4. Save Money: Enjoy lower monthly payments and save on interest.

Benefits:

• Lower Monthly Payments: Combine multiple debts into a single, more manageable loan.
• Save on Interest: Decrease the total amount of fees you will pay over time.
• Improved Credit Score: Paying down debt can boost your creditworthiness.
• Financial Freedom: Take control of your finances and achieve your goals.

Don’t wait. Apply now and start your journey toward financial freedom.

Apply:

Interested in applying? The first step is to complete an application to express interest in this program at: https://kitsapabc.org/debt-application

Loan Program Disclosures

• Loan Type: Signature Loan
• Interest Rate: 9.99% annual percentage rate (APR)
• Repayment Term: Up to 12 months, with monthly installments
• Eligible Borrowers: Kitsap County residents with debt-to-income ratio less than or equal to 45%
• Loan Purpose: Refinancing an existing higher interest loan/debt with a partner financial institution
• Required Documentation: Proof of income and residency

Credit Requirements:

• Credit history will be reviewed, but a credit score will not be used to determine eligibility.

Specific terms and conditions may vary.

This program is funded, in part, by the Community Reinvestment Project which focuses on repairing wealth disparities in communities disproportionately harmed by the war on drugs. Native American, African American, and Hispanic individuals are strongly encouraged to apply.

Workgroup Recognition:

Thanks for the contributions of these coalition members for helping to implement this program: