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Becoming Debt Free
While racking up credit card debt is simple, becoming debt free typically isn’t.
If you have a credit card balance of $3,815 on an 18 percent interest credit card and make only the minimum monthly payments, it would take you more than 21 years to become debt free. And that’s assuming you never charge again. Gallup found that typically, the higher the amount owed, the higher the interest rates consumers are paying to the credit card companies, making becoming debt free even more difficult.
Becoming debt free is easy wih help from MMI
If you want a partner to help accomplish your overall goal of becoming debt free, count on Money Management International/CCCS. Over the past 46 years, the credit experts at Money Management International/CCCS have helped tens of thousands of people repay millions of dollars. With MMI, you know when you will be debt free. Call one of our trained counselors today!
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