logo

Debtconsolidationcare.com - the USA consumer forum

Just thinking about all the fees/interest

Date: Sun, 01/30/2011 - 16:36

Submitted by debtinthedistance
on Sun, 01/30/2011 - 16:36

Posts: 89 Credits: [Donate]

Total Replies: 1


I just went through our final settlement #s to see how much we paid in fees/interest while we were not making payments and how if affected our settlement percentages. Combining the totals I just added it up and our total settlement % was a little less than 30% of the balances at the time of settlement and a little under 32% of the balances on the cards when we stopped paying. Not bad considering we started almost 80k in debt to the credit cards.

It feels so quiet a home with no one calling and I have so many fewer bills to pay each month. Now it's cash all the way for us or debit cards.