National Debt Law Debt Calculator
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National Debt Law Debt Calculator
Enter your total unsecured debt, a monthly payment that you would be able to afford to become debt-free, the average interest percentage, and hit “Calculate”. This free tool will calculate how much it will cost and how long it will take to become debt-free. Determine how much money you can save with debt settlement, versus consumer credit counseling, versus paying back your debt on your own. Easy to understand graphs are included. The calculations are consistent and compliant with the FTC.
*Takes values of total debt, monthly payment that user can afford to pay off the debt, and interest percentage (the i-e interest rate that user is paying on his accounts. This will be used by National Debt Law Debt Calculator to calculate how much he would end up paying when staying current on his accounts. The interest rate will not affect the figures that are calculated for consumer credit counseling and debt settlement programs.)
*Debt Calculator calculates the total time to pay off the debt by debt settlement program, consumer credit counseling, and on your own
*Total payback by debt settlement program, consumer credit counseling, and by staying on your own
*Two graphs that represent total cost and monthly payment by debt settlement program, consumer credit counseling, and by staying on your own