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This is why many people engage the services of a debt relief agency. TransUnion calculates that paying off $5,000 of creditcarddebt at the minimum rate costs $10,000 in interest. The fees you can expect to pay for Freedom Debt Relief’s services range from 15–25%. National Debt Relief vs. Freedom Debt Relief.
Here are a few other ways that you and your cosigner may be able to reach a resolution: Debtconsolidation loans: Taking out a debtconsolidation loan allows you to borrow money to repay what you owe on your original loan. They don’t have any rights to the items you purchased with the loan.
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