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SwpDevil OP t1_iy4y5xl wrote

Reply to comment by caringexecutive in Debt Consolidation or Debt Relief? by SwpDevil

If I pay $657.85 a month for 48 months, that’s a total of $31,576.80 and if subtract that from $22.102.94 that totals to $9,473.86 extra after 4 years correct?

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caringexecutive t1_iy4yi4h wrote

yes, you're paying nearly 50% in interest over the life of this loan which is insane.

Seriously, with your low income and massive amount of unsecured debt you are a good candidate for bankruptcy.

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