Parameters
Total Unsecured Debt
:
Months To Pay Off
:
Number of Creditors
:
Average Interest Rate
:
 
Key
 
Consolidation Loan
 
Credit Counselling
 
Do Nothing (Pay Minimum)
 
First Choice Debt Relief

Other
Consolidation Loan
s

Credit Counseling Do Nothing
(Pay Minimum)
First Choice Debt Relief
Total Unsecured Debt $25,000.00 $25,000.00 $25,000.00 $25,000.00
Months To
Pay Off
60 60 410 36
Interest Rate 12 % Variable 18.9 % None
Extra Interest Paid $8,366.67 $10,625.00 $41,455.53 None
Monthly
Payment
$556.11 $593.75 $625.00 $423.61
Your Total Cost $33,366.67 $35,625.00 $66,455.53 $15,250.00

Monthly Payments   Time In Program
(Months)
  Total Cost
$625.00
$312.50
$0.00
 
410
205
0
 
$66,455.53
$33,227.76
$0.00


Total Cost Graph

FCDR
($ 17700.00)
Bank Loan
($ 39136.36)
Credit Counseling
($ 37365.04)
Do Nothing
($ 93776.12)