Debt: Understand Your Options
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HOW LONG WILL IT TAKE YOU TO PAY BACK YOUR DEBT?
With interest, it may surprise you to learn that it may take you years to pay back your debts! Use the calculators below to calculate how long it will take for you to pay off your debts:
What if you consolidated that debt?
WHAT ARE SOME OPTIONS FOR GETTING OUT OF DEBT?
Debt consolidation involves combining all your debts into one loan with a single monthly payment.
Debt management/negotiation companies typically negotiate reduced interest rates, resulting in lower monthly payments.
Debt resolution (also known as debt settlement) is a process that involves negotiating with creditors to reduce the amount you owe.
Bankruptcy is a legal process where you may be able to eliminate your debts or repay all or some of your debts through a payment plan arranged through the court. To learn more, visit our BANKRUPTCY page.
