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Debt payoff comparison calculator
See how long minimum payments could take, and how a program with a fixed end date compares. Nothing you enter is saved or sent.
Your debt
Unsecured debt only — credit cards, personal loans, medical bills.
Minimum payments
- First monthly payment
- $0
- Time to debt-free
- —
- Total paid
- —
Freeline program
- Est. monthly deposit
- $0
- Program length
- —
- Est. total cost incl. fees
- —
Illustrative only. Assumes minimum payments of 1% of balance plus interest (at least $25) with no new charges, and a program outcome of 50% of enrolled debt plus a 22% fee. Actual settlements, fees, timelines and credit impact vary. Not an offer.
Why minimums take so long
Minimum payments are often around 1% of the balance plus that month's interest. As the balance falls, the payment shrinks too, which stretches repayment out for years.
What the program estimate assumes
We model a typical settlement of about 50% of the enrolled balance plus a 22% fee, spread evenly over the program length you choose. Your actual results will differ.
What it leaves out
Credit score impact, potential taxes on forgiven debt, and the chance a creditor won't settle. Your specialist will cover all of these on your call.
One phone call. A clear picture of your options.
Free, no-obligation debt review with a certified debt specialist. Checking your options won't affect your credit score.