Florida Debt Consolidation Loans

With the average American carrying at least three thousand dollars in high interest credit card debt, and the average family carrying just over eight thousand, it is no wonder that our debt consolidation loan quote page is one of the most used quote forms on our entire site.

With credit card interest rates as high as twenty-seven percent it's no wonder that it's harder than ever to get caught up. Minimum payments only allow you to pay a small portion of your balance off with the rest going straight to interest. This isn’t even taking into account car loans, personal loans, old student loans, hospital bills, emergency car repairs, or any number of debts that can sneak up on you at anytime.

Below is a graph of a typical debt consolidation loan

Loan Type Payment	Balance	Interest Rate	Monthly

Auto Loan	$28000	17.5%	$703.42

Visa Card	$3,500	27%	$89.30

MasterCard	$4,500	18%	$86.49

Discover Card	$7,836	12.5%	$96.59

Student Loans	$27,000	4%	$283.49

Current Home Loan	$235,672	8.75%	$1,854.03

Totals	$298,672		$2,987.54

As you can see the outgoing monthly payments in this scenario is $2,987.54 per month with a total debt balance of $298,672. The Visa alone would have taken 96 months, the Mastercard 120 months, and the Discover 180 months to payoff paying the minimum payments every month.

Now here is a potential new payment after a debt consolidation loan *and* pulling over fifty thousand dollars cash out.

Loan Type Payment	Balance	Interest Rate	Monthly

Cash out	$51,328	0.00%
Total new loan	$350,000	5.25%	$1,932.72
Total Savings			$1,054.81

Working with the right debt consolidation specialist is critical to being able to meet those kinds of goals. That’s why we offer up to four free quotes from Florida debt consolidation lenders that specialize in not only understanding your individual debt consolidation needs, but work to exceed your expectations when it comes to customer service and support!

Email: Info@FloridaHomeMortgageLoans.com

	You could not only pay off all of your bills, increase your credit rating, but you could save a total of $1,265.75 a month!
That’s right debt free, with $50,000 in your back pocket, to spend on whatever you want, and it could save you over $1,700 a month! We work with all kinds of credit and all kinds of situation to help you save money. If you want to see how much you could save, it’s free, easy, and takes only one minute!

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