Consolidating debt nonprofit organization
American Financial Solutions (AFS) credit counselors are accredited through the Association for Financial Counseling and Planning Education and participate in ongoing education in order to provide consumers with the most effective methods for managing their debt.Our credit counselors are compassionate, non- judgmental, highly trained individuals who are able to analyze your financial situation and provide options to help.It then calculates your outstanding balance and interest rate. For credit cards the rate you enter is used to calculate the interest on all future credit card payments.The length of time to pay off this credit card may be much greater than calculated if you enter a low promotional interest rate that is only good for a short period of time. For credit cards, if you checked the "use credit card minimum payments" box, your monthly payment is calculated as 4% of your current outstanding balance.
They will then review the options available and help you choose the one that's best for you.
Uncheck this box to enter your own monthly payment that will remain the same until your balance is paid in full.
(We calculate your minimum monthly payment as 4% of your current outstanding balance.
Then change the consolidated loan amount, term or rate to create a loan that will work within your budget.
Click the "View Report" button for detailed results.