Credit Card Debt Reduction Payoff Calculator Tool

Try Our ALL-IN-ONE Debt Reduction & Credit Card Payoff Calculator (Debt Relief Programs Included)

Debt Calculator

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Enter your total debt
punctuation marks are not required
Type a monthly payment you can afford to become debt free
punctuation marks are not required
is your minimum monthly payment for total debt!
Interest percentage*
Enter value of 0 to 99.99%
* Put the average interest rate that you are paying or that you were paying on your accounts. This will be used to calculate how much you would end up paying when staying current on your accounts. The interest rate that you put in here, will not effect the figures that are calculated for the consumer credit counseling and debt settlement programs.
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#Debt ValidationDebt SettlementConsumer Credit CounselingOn your Own
Total Unsecured Debt
Time to Pay Off
Interest rateNoneNone8%
Monthly Payment
Total Pay Back

Have Questions? Talk to an IAPDA Certified Counselor (866) 376-9846

Most people use our debt reduction payoff calculator to either;


A. COMPARE debt relief programs 




B. LEARN the best way to pay off credit card debt


But additionally, you can use this debt calculator tool to;


  • See how much money in interest you would pay if continuing to pay minimum payments, based on your “average interest rate”.


  • Compare your estimated potential savings on a debt settlement, consumer credit counseling and debt validation program. By evaluating each debt relief option — helps you to determine what debt relief program is right for you.


  • Learn the best way to pay off credit card debt. (without using a debt relief program)

Talk to an IAPDA Certified Debt Counselor Toll-Free 866-376-9846


Debt validation on the Debt Calculator


Debt validation is a program that aggressively disputes each of your debts.


On a debt validation program you don’t pay back your debt, what you would be paying are only “program fees”.


Similar to how you would pay a lawyer to fight a speeding ticket.


If the lawyer wins, you pay nothing besides the attorney fees… no points go on your license, you don’t have to take any type of online class, your insurance premiums stay the same — and you’re free!


Whats great about debt validation is that;


  • harassment stops


  • you get a written guarantee (Only pay if results are achieved)


  • comes with credit repair


  • negative marks can be removed from credit


  • the least expensive route to dealing with bad credit card debt

Talk to an IAPDA Certified Debt Counselor Toll-Free 866-376-9846


Downside to debt validation; 


  • creditors can sue a person if they stop paying their monthly payments


  • if you have “good credit”, your credit score could take an initial hit prior to getting successful results with validation (which is why at Golden Financial Services Debt Relief, the programs that we recommend include credit repair)

Debt Settlement Calculator


Debt settlement is where credit card debt balances are settled for less than the total amount owed.


  • At Golden Financial Services, IAPDA Certified Professionals take over dealing with your debt once you are approved for the debt settlement program.


  • You gain back control, by getting to choose a payment that you can comfortably manage.


  • You can pick from a full array of affordable payment plans to help you save the maximum amount and get out of debt in a time-frame that you are happy with.


Call Toll-Free To Take Action & Reduce Your Debt (866) 376-9846


The positive side to debt settlement;


  • you can settle a large debt for fraction of the balance owed


  • you get one simplified monthly payment to take care of all debts


  • you can become debt free in half the time, compared to when paying minimum payments


The list of downsides to debt settlement include…


  • creditors can sue a person if they don’t pay their bill


  • credit remains negatively affected for up to 7-years


  • there could be tax consequences to deal with (IRS considers the amount forgiven when a debt is settled, as your “savings”, which is also classified as “income”. There are simple IRS forms that you can fill-out to help you avoid having to pay any taxes on your savings, as it’s not truly earned income if you’re an insolvent individual.)


Consumer Credit Counseling Debt Calculator Tool


Our consumer credit counseling portion of the debt calculator is based on figures from a non-profit consumer credit counseling company. 


Consumer credit counseling programs reduce interest rates and consolidate payments into one.


Your creditors continue to get paid each month, but at a reduced interest rate.


Consumer Credit Counseling Positives Include: 


  • Debt free in under 5-years


  • Only one consolidated payment each month to worry about


  • You stay current on payments, avoiding any type of creditor harassment and serious damage on credit reports


Consumer Credit Counseling Negatives Include:


  • Third-party notation goes on credit illustrating you joined a consumer credit counseling program


  • Takes 4.5 to 5-years to complete, versus 2 to 3.5-years with debt validation and debt settlement


  • Payment stays around the same as what it was when paying only minimum payments


  • Only credit card debt qualifies


We hope our Debt Payoff & Debt Relief Program Calculator Tool has helped you to find a more cost-effective way to pay off your debt in a faster time-frame. If you have a WordPress Website, Try Our 5-Star Debt Calculator WordPress Plugin!