Debt Consolidation

We have the tools to set up a budget that designates your one monthly payment be dispersed for all your bills, below is a sample.  On our resource tab has a working Debt Reduction Calculator.  Just remember SOS can and or will set up your one payment 

Sample Debt Reduction Calculator
	Balance Date:	1/1/2011
	Creditor Information Table
Row	Creditor	Balance	Rate	Payment	Custom	Interest-only
1	Visa Card #1	$    8,000	13.00%	$    50	2	86.67
2	Auto Loan #1	$    3,200	9.81%	$    30	1	26.16
3	Auto Loan #2	$    5,000	12.00%	$    55	3	50.00
4	MasterCard #2	$        90	13.50%	$   110	5	1.02
5	Student Loan #1	$    4,900	4.00%	$    25	4	16.34
6						0.00
7						0.00
8						0.00
9						0.00
10						0.00
	Total:	$ 21,190	Total:	$               270
	Monthly Payment	$   500	.
	Initial Snowball	$      230
	Creditors in	Original	Total Interest	Months to	Month Paid
	Chosen Order	Balance	Paid	Pay Off	Off
	Card #2	$     90	$            1.01	1	2/1/2011	.
	Auto Loan #1	$ 3,200	$        139.23	10	11/1/2011	.
	Student Loan #1	$ 4,900	$        259.21	22	11/1/2012	.
	Auto Loan #2	$ 5,000	$     1,386.41	34	11/1/2013	.
	Card #1	$ 8,000	$     4,307.43	55	8/1/2015	.
		$         -	$                  -	-		.
		$         -	$                  -	-		.
		$         -	$                  -	-		.
		$         -	$                  -	-		.
		$         -	$                  -	-		.
		Total Interest Paid:	$ 6,093.29	(Lower is Better)
			Results are only estimates