Debt Settlement Options
Enter your total unsecured debt below:
$
| Consumer Proposal (only with a Trustee) | Informal settlement via credit counsellor | Apply for consolidation loan |
Continue to pay credit card debt (minimum monthly payments) | |
|---|---|---|---|---|
| Cost per month | $150-350
(on average) |
$400-600 | $800 | $1,050 |
| Interest rate | O % (& no penalty for paying off early) |
7-15% | 12% | 18 - 25% |
| % you pay to eliminate ALL your debt | 20-30% (on average) | 100% | 100% | 100% |
