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MultiPurpose

Do Nothing

If you don’t take action right now you’ll get confronted by more debt.  These companies are ruthless and won’t take your personal situations into account.  Many Canadians can barely afford to live in any manner of comfort and are struggling to make their monthly debt payments.  They continue to do nothing to change their circumstances.  We’re here to change that and take action for you.  We’re here to put you on the right track.

The following graph will show what will happen to your debt if you choose to do nothing but keep paying your minimum monthly payments.

Debt Amount

Pay Back (Including Principle & Interest)

How Long Will It Take

$10,000 $40,774.85 58 years 5 months
$15,000 $61,713.27 65 years 3 months
$20,000 $82,650.17 70 years 0 months
$25,000 $103,589.50 73 years 9 months
$30,000 $124,527.63 76 years 10 months
$35,000 $145,465.20 79 years 5 months
$40,000 $166,404.07 81 years 8 months
$45,000 $187,342.00 83 years 7 months
$50,000 $208,281.25 85 years 4 months
$60,000 $250,157.24 88 years 5 months

 

 * Information presented in this chart is based on an interest rate of 19% and a minimum monthly payment of only 2.08% of the balance remaining.

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