Georgia began it’s lush historical journey as one of the original 13 colonies. It also retains the dubious history of helping begin the Civil War by seceding with other Southern states.
Today, Georgia’s place in the nation is firmly entrenched in wealth and prosperity as the state boasts one of the lower credit card debt ratings in the nation. Georgia is also home to the world’s busiest airport in the Atlanta International Airport. True to the aerospace industry, one of the world’s largest carriers, Delta Airlines is headquartered in Georgia. Other global industries call Georgia home like Coca-Cola, UPS, Aflac insurance and Home Depot.
In other news, CNN was founded and continues to be headquartered in Georgia, and the state is literally “Home to the Brave”…major league baseball’s Atlanta Braves.
Is Georgia Debt Free?
Georgia can take pride in the fact that it’s state debt ranks 25th in the nation at $13.2 billion. However, on a personal basis, Georgia residents claim an average of $6,675 in credit card debt putting the state as the 9th highest in that category in the U.S.
Where Georgians who reside in some of the state’s major cities like Atlanta, Columbus, Savannah, Sandy Springs and Athens, home to the pop band REM and the University of Georgia, suffer is in their credit score. The average score for a Georgia individual is just 654, almost 15 points below the national average. Perhaps that’s why the state’s personal credit card debt skews so low…many Georginas with poor credit ratings simply can’t get a credit card.
Georgia Debt Fast Facts
- Population: 10.4 million
- Median Household Income: $56,183
- Average Credit Score: 654 (national average is 669)
- Average Credit Card Debt: $6,675
- State Debt Total: $13.2 billion
Debt Resolution Laws That Aid Georgia Folks
Disclaimer: The information shared herein is intended to be a free resource for Georgia consumers looking to dismiss debt and does not constitute legal advice.
Whether battling credit card debt, medical debt or private student loan debt, Georgia has long been known for passing laws that aggressively protect its citizens and seek to dismiss debt.
If you are embroiled in a deepening debt situation in Georgia, Resolvly can help find an expert team of seasoned debt resolution lawyers to help eliminate debt or at least dismiss debt as soon as possible.
The Fair Debt Collection Practices Act
There are many ways to get debt resolution and fight harassing debt collectors and avoid or defend a debt lawsuit. In one case, every consumer has specific rights invoking the federal laws outlined in the Fair Debt Collection Practices Act (FDCPA).
The FDCPA as it relates to Georgia residents specifies exactly what a third-party debt collection service can and cannot do. For example, a collector can only call an individual between the local hours of 8am and 9pm. In addition, collectors cannot harass individuals or threaten a citizen with bodily harm or the potential of arrest.
Whether battling credit card debt or medical debt, Georgia residents in debt also have the ability to stop collectors from repeat callings by sending a physical letter to the agency requesting a cease and desist from the pestering calls. If the FDCPA is violated, you can sometimes dismiss debt with the aid of a debt defense attorney who can help you get out of debt and also seek damages and attorney fees.
The Fair Credit Reporting Act
Another consumer protection law designed to assist Georgia residents from false or misleading credit information is the Fair Credit Reporting Act (FCRA). The FCRA protects the privacy and accuracy of your personal credit history. If an entity violates your rights outlined in the FCRA, there are legal actions that could not only dismiss debt, but earn monetary damages in addition to the recoupment of attorneys’ fees.
Let Resolvly Find The Right Consumer Defense Lawyer
When it comes to dealing with debt – whether medical debt or credit card debt – ignoring the problem won’t make you suddenly debt free. Utilizing the legal referral service of Resolvly, can help you hire a lawyer to get out of debt by helping you understand your specific circumstances, and clear the path to debt relief and dismissing debt.
We work with consumer protection lawyers trained in debt relief to protect your rights, fight harassing debt collectors and hopefully eliminate debt completely.
Resolvly helps you hire a lawyer to hopefully eliminate debt and avoid debt collectors so that you can live debt free. Our goal is to help you attain true financial freedom and debt resolution. We offer a free consultation designed to refer you to a consumer defense attorney who will work to eliminate your debt. Simply call 844-479-3457 to speak with a debt freedom specialist who will help guide you on the path toward debt resolution so you can once again be debt free.