Weigh Your Debt Relief Options™
At DRO, we take pride in offering clients a way out of debt that delivers results faster and less expensively than conventional debt relief programs. The following comparison illustrates the time line and program costs associated with different approaches to paying off credit card debt in the amount of $20,000.
DRO Debt Reduction Plan
- $500 per month
- Roughly two years
- $10,600*
Credit Counseling Plan
- $500 per monthly
- More than four years
- $24,750*
Minimum Monthly Payments
- Pay minimum due
- More than thirty years
- More than $90,000*
*Dollar values used in the above example are estimates based on several assumptions. These assumptions include a creditor interest rate of 19.99%, enrollment in a credit counseling program that charges 15% plus monthly fees, and a principle debt settlement rate of 35% plus DRO fees. Results may vary based on the amount and type of individual debt.
Debt settlement may not be the right solution for everyone. A person’s debt relief options options depend on their existing as well as their future financial goals. Learn how other debt relief options compare with DRO’s debt reduction plan:
