How long will it take to clear my debt?
Date: Mon, 06/06/2005 - 08:08
How long will it take to clear my debt?
Hi RubyWelcome to the forums. As per your query, the consult
Hi Ruby
Welcome to the forums. As per your query, the consultant chooses the suitable program plan tailoring to your needs. The time period allotted in your program plan will be the required amount of time needed to get free from all your debts.
It is also dependent upon the amount of debt that has been taken into the consideration in the allotted program. In general, it takes 24 to 36 months to get you clear from all the debts.
Hope that you will take the necessary measures to clear yourself from your existing debts. Making your positive move ahead, please sign up to get in touch with the trained consultant in your locality.
Regards
Roxette
How long will it take to clear my debts?
Hello Ruby,
Welcome to the debt consolidation care forums.
Quote:
How long will it take to clear my debt? |
I believe, it takes a reasonable period to clear off your debts through a debt consolidation program. It actually depends on the total amount that you owe to your creditors. It also depends on the particular repayment plan that the both of you agreed.
However, it will be profitable for you to pay-off as soon as possible and in bigger installments. Try to pay something extra in every installment. This will enable you to pay-off faster. Otherwise, you will be paying for a longer period.
If you have to pay through a prolonged period, then you will be paying more interest. Automatically, then your repayment amount increases to a much higher level. If, however, you can mange to pay-off faster, you will be saving a considerable amount.
If you wish to avail the free services of this site, you can enroll yourself as a member, by filling up the signup form.
Hope this information helps you.
Please feel free to return with further queries.
Regards,
Peter
