How Much Does Resolving Personal Debt Cost?

Posted on 30. Dec, 2011 by in Blog

Did you know that the current average credit card debt totals about $16,000 per household, with an average Minimum payment of about 3% at a 13% Average Percentage Rate (APR). Most people just pay the Minimum that is shown on monthly statements similar to the following: “your minimum amount is 3% of your unpaid balance [...]

Jump Off the Credit Card Merry-Go-Round

Posted on 22. Dec, 2011 by in Blog

Join the crowd! Swipe that card and you don’t need to worry about a thing — at least for now. The number of credit card holders was projected to grow to 181 million Americans by 2010. (Source: Census Bureau). And, according to the Federal Reserve Bank of Boston in January 2010 the average user has [...]

Maximizing Your Credit Card Minimum Payments

Posted on 15. Dec, 2011 by in Blog

Boy, it gets awfully boring paying $500 or so every month to cover those card minimum payments. Instead of paying that minimum, how about paying that amount into a special Debt Resolution Plan for just 7 months to completely eliminate that entire debt? I know that sounds too good to be true. That’s what I [...]