Debt Analysis
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Enter your information below, then click "Customize" to instantly compare "ballpark estimates" of all your debt pay off options side-by-side. See total cost, total interest paid, time frames and monthly payments for each pay off option...
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Minimum Payments |
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Debt Consolidation (Loan) |
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Credit Counseling (Consumer Credit Counseling / CCCS, Debt Consolidation, Debt Management Program) |
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Debt Settlement (Debt Negotiation, Debt Reduction, Debt Relief, Debt Arbitration, Debt Work Out) |
PLEASE NOTE: This calculator gives you an estimate of how much it will cost you to get out of debt, how long it will take and how much your monthly payment may be with the different options to pay off your debt. Keep in mind "Minimum Payments" assumes you NEVER make any further purchases on your credit cards and the credit card companies NEVER raise the interest rate on your cards in the future from the rate calculated above. The "Debt Consolidation Loan" example is usually only possible when taking out an "equity line of credit" or "second mortgage", which involves securing your unsecured debt with your home. This is a very risky option for most people because the home could be foreclosed if you cannot make the payments.