Browsing the net the other day I came accross the interesting tool. You plug in all your creditors, balances, interest rate, and monthly payment and it tells you roughly how long it will take for you to become debt free. This is very important because it gives you a reality check. Most of us (myself included) have told ourselves that it’s only temporary until you get the money to pay off the credit cards. 3 years later we’re still telling ourselves that. With this tool you can kinda see where you’re at financialy and from there you can start weighing your options. Without further ado, here’s the link:
How long will it take for you to get debt free?
August 15, 2008 · Leave a Comment
Categories: bankruptcy · credit couseling · debt · debt negotiation · debt reduction · debt settlement · loan modification · real estate · recession
Tagged: bankruptcy, credit cards, credit cousnseling, debt, debt free, debt planner, debt settlement, financial planning
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