The Best Oregon Debt Consolidation Companies of 2020

For Oregonians struggling with auto, student, payday, medical or other types of debt, you can rest assured you’re not alone. Despite Oregon having a growing economy with 3.1% GDP growth, and a historically low unemployment rate of 3.3%, 16.70% of residents live in poverty. Many have debt problems.

The average Oregonian has $2,943 in personal debt, plus $224,503 of mortgage debt per capita. On average, residents have an open credit card balance of $6,296 and 56% of residents have a student loan, the average amount of which is $27,885 . Each year approximately 9,008 Oregonians declare bankruptcy Fortunately, there are plenty of Oregon debt consolidation options to help you get back on track financially.

No matter whether you live in Portland, Salem, Eugene, or somewhere else in the great state of Oregon, take charge of your financial situation and consider consolidating your debt load.

The Best Debt Consolidation Companies in Oregon (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 Oregon. 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.

O M M Management Company LLC

14525 SW Millikan Way Pmb 13675
Beaverton, OR, 97005-2343
(800) 310-0043

Rating: 8.24/10

NW Loss Mitigation LLC

Portland, OR, 97219-8878
(866) 724-4292

Rating: 8.34/10

Money Management International, Inc.

10260 SW Greenburg Rd Ofc 412
Tigard, OR, 97223-5500
(800) 308-2227

Rating: 8.44/10

Greenway Debt Management

20954 SW Edgemont St
Beaverton, OR, 97006-6046
(503) 430-0253

Rating: 8.55/10

Fi-cial Blueprint Group LLC, The

123 E Powell Blvd Ste 306
Gresham, OR, 97030-7620
(503) 336-4363

Rating: 8.65/10

Fidelity Home Mortgage LLC

5200 Meadows Rd Ste 150
Lake Oswego, OR, 97035-0066
(888) 684-0885

Rating: 8.76/10

Family Fi-cial Planners Inc

PO Box 12287
Portland, OR, 97212
(503) 282-7267

Rating: 8.86/10

Emmanuel Credit Management

PO Box 11994
Eugene, OR, 97440
(541) 345-7046

Rating: 8.97/10

Debt Relief NW LLC

202 SE 181st Ave Ste 102
Portland, OR, 97233-4874
(877) 492-4109

Rating: 9.08/10

Business Management Services

6663 SW Beaverton Hillsdale Hwy PMB 121
Portland, OR, 97225
(503) 317-8854

Rating: 9.19/10

A A A Alternative Legal Solutions

Portland, OR, 97208-4120
(888) 234-6315

Rating: 9.3/10

Oregon Debt Statistics

Total Debt$12,656,643
Debt Per Capita$2,943
Debt Per Capita Rank29

Source: World Population Review

Oregon Credit Card Debt Statistics

Average Credit Card Balance656
Average Credit Score$6,296
Avg Credit Card Balance Rank (1 = Highest Balance)22
Avg Credit Score Rank (1=Highest Score)45

Source: Experian

Mortgage Debt in Oregon

Mortgage Debt Per Capita$224,503
Avg 30 yr Mortgage Rate3.98%
Avg 15 yr Mortgage Rate3.43%
Median Home Value$350,600
Avg Outstanding Mortgage Debt$225,597
Difference Between Value and Mortgage Debt$125,003
Avg Homeowner FICO Score718

Source: Federal Reserve, Value Penguin, Experian

Payday Loan Debt in Oregon

Payday Loan Legal StatusLegal
Max Payday Loan Amount50000
Max Payday Loan Term60 days
Max Payday Loan APR154%

Source: Oregon Government Website

Unemployment and the Economy of Oregon

Poverty Rate – Population16.70%
Poverty Rate – Population – Rank17
Poverty Rate – Family11.50%
Poverty Rate – Family – Rank22
Unemployment Rate (March 2020)3.3
Unemployment Rank13
GDP Growth3.1
GDP Growth Rank6

Source: US Census, Bureau of Labor Statistics

Student Loan Debt in Oregon

Percent of Population with Student Loans56%
Average Student Loan debt$27,885
Average Debt of New Graduates (2017-18)$28,628
Average Debt Ranknan
Percent of Graduates with Debt (2017-18)55%
Percent with Debt Ranknan
Usable Institutions (BA-Granting)14
Percent of Graduates at Schools with Usable Data67%
Nonfederal debt of graduates, as percent of total debt19%
Fall enrollment – Undergraduate total (IPEDS)201,278
Tuition and Fees (in-district/in-state)$14,091
Total Cost of Attendance (on-campus)$33,332
Percent of Institutional Grants that are Need-Based70%

Source: Value Penguin, TICAS

Cost of Living in Oregon

Annual Mean Wage (All Occupations)$52,000
Median Monthly Rent$1,707
Value of a Dollar$1.00
Cost of Living134.2
Cost of Living Rank47
Grocery Cost Index110.3
Housing Cost Index181.8
Utilities Cost Index88.0
Transportation Cost Index136.7
Miscellaneous Cost Index113.2

Source: World Population Review

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