On average, for every $10,000 of credit card debt your payment would be around $300 a month.
Something to consider…
Get cash out of your house to pay off all your credit card debt.
The payment on adding $10,000 to a thirty year mortgage at a 6.5% face rate would be $63, saving you $237 a month for every $10,000 of credit card debt you have.
This would alleviate stress in your life. Less stress = happier life.
If a debt consolidation loan makes sense for you, or someone you know – please reach out to our office and see what we can do for you.
That’s it for today!
Thanks for reading!
Brett
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