Debt-payoff calculator - Choose the right debt repayment method
A debt-payoff calculator helps you find the best way to pay off your credit cards, personal loans, payday loans, etc.
Details you need to give in to the calculator to find the right debt payoff method.
Q: Why should you use this calculator?
The debt payoff calculator (also known as the bill payoff calculator) shows you the right strategy to repay debt and save money. It offers results based on real figures. So you can easily calculate how much you can save and when you can expect to become debt-free.
When used properly, the free online debt payoff calculator can help you to:
- Determine when you can become debt-free
- Calculate how much you can expect to save with DIY debt settlement
- Understand how much you can save with a debt settlement program
- Choose the right strategy to become debt-free
Q: How does the debt repayment calculator work?
The calculator works in 3 simple steps.
Step 1: Enter the correct values
Enter your total debt amount and how much you can pay every month.
Once done, click on the 'calculate' button.
Step 2: View Report
The debt payoff calculator (also known as the bill payoff calculator) will show:
- How much you can save when you settle debts yourself
- Your total savings when attorneys help to settle your debt
- When you will be debt-free
Step 3: Consult Lyle Solomon
In the third step, you can request a free consultation to become debt-free.
Q: When should you use a debt payoff calculator?
The best time to use a debt reduction calculator is when:
- You can’t make minimum monthly payments on credit cards, personal loans, utility bills, etc.
- You want to find the right strategy to reduce credit card balances.
- You want to know how much time and money you can save on credit card debt with the right strategy.
