Credit Debt

Hi Robert

Welcome to the forums. After entering into the debt consolidation program, your credit card debt of $8500 will be firstly reduced by a margin of 40% to 60% eliminating all the financial charges, late fees that might have been added on the total amount.

Once you are in the middle of the debt consolidation program, it is advisable to pay a larger amount towards your debt amount so that the tenure of the program is shortened and thus you will be able to save some interest amount.

However, you can extend the tenure as it is suitable to you but doing so, you will be contributing more towards your debt and increasing the length of your program.

The consultant will be able to guide you in a better way by giving the best available payment options to you. Please sign up with this site to get in touch with the consultant in your locality.

Regards
Roxette