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Page 1 of 2 © 2008 National Financial Awareness Network, Inc.http://www.nfan.com 
Compare Your Debt Relief Options
Assuming $30,000 of credit card debt, here is a breakdown of how the DIY debtsettlement method stacks up against continuing to pay only the minimum monthlypayments, credit counseling and debt settlement services.
Cost and Savings of Each Debt Relief Option
$96,569.09$41,846.57$16,750.50$12,099.950$54,722.00$79,818.59$84,469.14$0.00$20,000.00$40,000.00$60,000.00$80,000.00$100,000.00$120,000.00Minimum PaymentsCredit CounselingDebt SettlementProgramDIY Debt SettlementKit
Debt Relief Options
     M    o    n    e    y
Total Cost:Savings over Minimum Payment Option:
 
As you can see in the above chart, minimum monthly payments will cost you the mostand provide you with the least savings. Consume credit counseling will still cost youwhat you borrowed plus interest, but you will save over paying only the minimums. Thedebt settlement options save you more money over all other options with the DIY debtsettlement saving you the most because you don’t have to pay professional service feesto a debt settlement company when you settle your own debts.
 Years it takes to complete each debt relief option...
3652.52.5010203040Minimum PaymentsCredit CounselingDebt Settlement ProgramDIY Debt Settlement Kit
Debt Relief Options
   N  u  m   b  e  r  o   f   Y  e  a  r  s
Number of Years
 
Another important factor is how long it will take you to get out of debt. Paying only theminimum monthly payments won’t only cost you the most in money, but also in time.Because it can take decades to pay off a debt paying only the minimum monthly
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