QuestionnaireRelief Snapshot
Debt Analysis
Savings Estimate
List of Available Options
CaliforniaDebtRelief.org
Hi Ben,
Based on the information you shared, we put together a few estimates for you below.
Managing $37,501 of debt can feel overwhelming, and from what we’ve seen, it could take a long time to pay off when making just minimum payments-and I know many people can't afford to make more than the minimums.
That’s why we asked Accredited to go over a few options with you to see if there’s a way to lower your monthly payments and help you get out of debt more quickly.
Hope this is useful—let me know if there’s anything else I can do for you.
*Saving amounts are estimates calculated based on self reported payments or tradeline minimums minus program payment.
Using industry-standard repayment terms and average interest rates, here’s an estimate of how much interest you may be paying if you only make minimums:
Ben, based on what you’ve shared, it looks like sticking to minimum payments could mean paying far more in interest than the actual debt itself—dragging repayment out for years. If increasing your payments isn’t realistic right now, a specialist from Accredited can walk through other options that can help you pay your debt off on a faster timeline.
*Cost of interest projections are based on making a minimum monthly payment of 2% with a 23% interest rate. Actual interest rates and minimum payment amount could vary from estimate. Monthly savings estimates are calculated based on self reported payments or tradeline minimums minus program payment.
If you’d like to discuss your options with a specialist immediately, you can call an Accredited Specialist at (844) 521-0919.