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CreditGUARD of America

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Memphis

Financial insecurity has been an overarching American problem since the Great Recession of 2008. Memphis has experienced a relatively slow recovery, and people there are still feeling the financial blues.

Memphis has an unemployment rate higher (5.1%) than the national average (4.7% at the end of 2016). Folks in Memphis earn on average ($914) a bit less than the national weekly average ($989) In Memphis, real estate prices are fairly low with a median home price of $123,000 and an average home rent of $875, making the cost of living relatively affordable, even for people with relatively modest incomes. Given the region has a relatively low average income and a somewhat high unemployment rate, it’s understandable that more and more people in the Memphis area are looking for solutions to their debt issues. Now is a good time to start getting a handle on your finances.

Regardless of your debt situation, there is opportunity for financial improvement. The average CreditGUARD client in Memphis has about $10,000 in debt. With our help, our clients in this area have saved over $40 million in interest.

The Certified Credit Counselors at CreditGUARD of America are qualified to provide you with the assistance and advice that you need. That means we can help you find your way out of the web of debt onto the path toward financial freedom. As a credible nonprofit organization, we work diligently to help you take control of your finances through debt management, financial education, credit counseling and ongoing budgeting solutions provided by our certified credit counselors.

The actions you take today will chart the course for your financial situation in the years to come. While Memphis may be the Birthplace of Rock and Roll, it can also be the birthplace of a better financial tomorrow, and CreditGUARD can help. Call one of our credit counselors at CreditGUARD of America today at 1-800-500-6489 for more information!

 

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