Credit Card and Debt Management Calculator

When Will You Be Debt Free?

• Find out how long it will take to become debt free and how much you'll pay in interest by making the minimum monthly payments.
• You can also crunch the numbers using any fixed payment of your choice.
• If you tell us when you'd like to pay off the plastic, we'll tell you what payments you'll have to make to achieve that goal. You might be surprised.

 

 

Advantages of Debt Management

1. Stops creditor harassment.

   A debt management plan may be a voluntary agreement, but most creditors will stop chasing someone for debts when they know they are trying to pay them

2. Prevents personal bankruptcy.

   A debt management plan can be introduced relatively quickly and, once creditors know they will be receiving a payment, most would rather that than receive nothing by declaring a debtor bankrupt

3. Affordable monthly payment.

   Signing up to a debt management plan means that a debtor can put all forms of unsecured debt, such as credit card debt and unsecured loans, under one roof. Better yet, a single monthly repayment is made which is disseminated to creditors on a pro rata basis

4. Complete flexibility.

   As a debt management plan isn't a legally binding agreement, a debtor is free to pay off the debt from a windfall or switch to an alternative debt solution, such as an Individual Voluntary Arrangement, at any time. Alternatively, it is also possible to increase contributions to the debt management plan to reduce the overall debt burden

 

*Estimates based on prior results; individual results will vary based on circumstances, including your ability to save sufficient funds and complete the program. We do not guarantee that your debts will be lowered by a specific amount or percentage or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Read and understand all program materials prior to enrollment, including potential adverse impact on your credit rating.**While the testimonials and other information on this website may be exciting, Debt Management Affiliates, Debt Management Guys, Debt Settlement Guys, and (or) Debt Consolidation Guys promises only to perform the steps we've agreed to in each client's case. As with any legal work, no outcome is promised. Your results may vary.***Facts and Figures on our website are substantiated by our back-end operations. Our back-end operations are accredited by the USOBA and TASC. Debt Management Affiliates, Debt Management Guys, Debt Settlement Guys, and (or) Debt Consolidation Guys are not affiliated with MSNBC, Fox, CBS, or USA Today and logos used are registered trademarks of their respective owners.