Credit card debt can be overwhelming, especially when interest rates can be as high as 18%, 24% or even as much as 29%. Fortunately, you can consolidate that debt into one monthly payment while lowering your interest rates at the same time.

For example, if you have credit card debt totaling $15,000 with an average interest rate of 25%, then you will be paying a whopping $312.50 in one month’s worth of interest alone before you make a dent in your overall balance.

On the other hand, if you have credit card debt of $15,000 and you reduce your average interest rate to just 9%, then you will be paying only $112.50 in one month’s interest as opposed to $312.50. That’s a savings of $200 per month!

That extra $200 will now apply toward your balance, not interest, allowing you to pay off your debt significantly faster than you normally would by keeping your interest rates the same. Could you find another way to use that extra $200? The faster you pay off your debt, the sooner it will be for you to use that extra money for you and your family.

Commonwealth Credit Repair is proud to be Accredited with the Better Business Bureau with an A+ rating.

Contact us today for a free Consultation.

Toll Free 1-800-682-2919

davidsaleba@creditcaptain.com