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Fair Debt Collections Practices Act (FDCPA)
If you have credit card debt or any kind of unsecured debt, do you know how long before you have it paid off? And do you know how much interest you will pay on top of the principal amount.
With Fresh Start Debt Negotiation, we'd like to invite you to understand exactly what it means to carry credit card debt. One good place to calculate your payoff date can be found on this CNN webpage.
Here's a hypothetical example of someone with two credit card debts totally $28,000, with high interest rates and making the minimum payments. First, plug the numbers into the CNN Calculator below:
Then, read the results below. As you can see, it will take over 49 years to pay off these credit cards and in the meantime, they would have to pay an additional $71,973 in interest. Isn't it about time you look for a faster way to pay off your unsecured debts?
