Debt Consolidation

Credit card debt help

July 20th, 2017
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Debt Consolidation - MyCdc.org
Case Study #2

Robert Swanson needed help with eight (8) credit cards. He had a total debt of $69,703.00 and his average interest rate was 26%. At that pace would have taken him over 75years to be debt free. The creditors wanted a minimum payment of $1,589.00 per month and 1/10 of that would have been going to his principal balance.

After enrolling in a debt management program he now has an average interest rate of 10%, and a new monthly payment of $958.00. He will be debt free in 5.2 years.

$631 monthly savings

$216,497.00 Interest savings


Case Study #1 | Case Study #2 | Case Study #3



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