1. Average Credit Card Interest Rate
As of April 24, 2024, we used average interest rates for each debt type based on industry standards: 27.89% for credit card debt (Forbes Advisor), 5% for tax debt, 0% for medical bills, 7% for bank loans, 391% for payday loans, 0% for collections accounts, 3.73% for federal student loans, and 9% for private student loans.
2. Partner Program Payment and Savings Overview
Projected savings are calculated at a 20% reduction of estimated credit card debt over a 48-month program. Fees, which vary between 14% and 29%, depend on your state and the program length. Actual program duration may differ based on the number of creditors included.
3. Savings Example Clarification
Savings projections assume a 20% reduction in total debt but do not factor in fees, which range from 14% to 29%, depending on state regulations and total enrolled debt.
You'll receive a call within the next
5 seconds to get an exact quote.