Assume that you're carrying $10,000 in credit card bills at 14.9 percent interest. If you pay the monthly minimum at the average rate of 2.5 percent of your balance, it will take 15-25 years to pay your credit, and you'll pay $9,629 in interest. That's almost as much as you currently owe.
With management's help, those numbers look a lot different. While you're starting with the same $10,000 in credit card bills, but instead of paying 14.9 percent interest, you could pay as little as 1.9 percent interest*. Because your plan is structured, you spend $178 a month for 60 months, and you are paid in full at the end of that time. In the end, you're also saving over $9,000 in interest.