Credit Card Minimum Monthly Payments

Unfortunately, millions of Americans who are struggling with their debts continue to just barely make their monthly payments. Most of these people just keep doing whatever they can to continue making minimum payments for the rest of their lives. If you are facing severe financial hardship, and making these minimum payments is making it difficult for you to make ends meet, then this is a no win situation. If you are only meeting your minimum payments, you are paying almost entirely interest charges; not paying down your debts.

This means that if you owe $10,000 today, it will cost you as much as $20,000 to $40,000 over the next 10-20 years before you are debt free.

If making your minimum payments and getting out of debt in a reasonable time frame is causing you a financial hardship, FDH's Debt Reduction Program can help you to negotiate reductions on your debts, avoid bankruptcy, and come to an agreement with creditors on your terms, not theirs.

In Freedom's Debt Reduction Program we find the optimal solution for you; not your creditors. By working through a plan based on your specific situation, we can typically settle your debts over the next 2-3 years, and potentially at a 40-60% discount to what you owe.*

* Actual results will vary based on individual situations and negotiations. Success in our program is highly dependent on your ability to save a specified amount consistently each month. Freedom Debt Help may be unable to get you debt free within 36 months. Freedom Debt Help makes no representation or guarantee that we will be able to lower your debts by a certain percentage.