How long do it takes to get out of debt from 25,000 by the year 2009?

Question

I want to know how many months and a plan on how much it will take paying once a month

Answer 1

Join a debt settlement company who will negotiate with your creditors on your behalf and bring down your principal debt by around 40%.

Your principal debt of $25,000 will be reduced to approximately $15,000. You can be out of debt on credit cards by paying $625 for 24 months. There are no hidden costs and upfront fees associated with the payment option. You will be assigned to one of their debt settlement managers who will help you through this path.

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Good Luck

Answer 2

We need more info...such as interest rate on the debt.

And, uh, how much can you afford to pay per month? Or what is your net income per month? What discretionary income do you have each month?

Without that info, we can give you no real help. For instance, you can be out of debt in exactly one month by paying all 25k right now.

Answer 3

Paying 1000 a month for the next 25 months will get you there.

Answer 4

Take the number of months from now until 2009 and divide that into $25K - monthly payment, plus accruing interest at whatever rate you are assessed. I can see why you're in debt - maths isn't your strong point!

Answer 5

Google your question and you should find plenty of calculators that will give you an answer. You did not provide enough info for us to answer this for you. We would need to know your income, expenses, and the interest rate on your debt.

Answer 6

I have placed this in the source box. There is a wealth of information there and a great free debt management software program. I bookmarked the site as I return to it often for the advice it offers. I hope this helps you.

Answer 7

well lets see, 21 months at 25,000 = $1190.47

Answer 8

paying how much