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Our debt relief programs in VA make debt consolidation without a loan possible. CareOne providers understand that each of our customers has a unique financial situation. It is our mission to get to know our customers, understand their specific challenges, and offer customized action plans to help them achieve their goals. In Virginia, many younger residents are facing two challenges: high youth unemployment rates and student loan debt.
In Virginia many younger residents are facing two challenges: high youth enemployment rates and student loan debt. As of July 2018, Virginia boasted a low unemployment rate of just 3.1% as compared with the national rate of 3.9%1. But, the national unemployment rate for Americans aged 16 to 19 years old is more than 13%; for 20 to 24 year olds the national unemployment rate is 6.9%2.
In order to compete in the workforce, many Virginians are turning to higher education to give themselves the edge they need to stand out. According to the U.S. Census, 36.9% of all Virginians have achieved a Bachelor’s degree or higher, which is 6.6% higher than the national average3. However, the advantages they claim upon graduation come with a hefty price tag. The average graduate in Virginia will carry a student loan debt of about $30,000.4
If you think Virginia debt consolidation may be the right solution for your circumstances, we encourage you to call one of our providers today. They'll provide a free debt analysis, walk you through our multiple solutions and help you determine a customized action plan to help you get back on track. Whether you’re a young Virginian struggling to start your career, or facing different and unique financial challenges, the providers of CareOne Debt Relief Services® want to help you.
View our article about debt in Virginia Beach for more information on debt in Virginia.