So I have approx.34,500$ in Credit Card debt, spr
So I have approx.34,500$ in Credit Card debt, spread across 5 accounts. I have recently discussed enrolling with FreedomDebtRelief
Their fee would be 17% of the enrolled debt; upon each separate card's settlement. Does this number seem very high? over 5,500$ over the 4 year plan. They are estimating they can reduce my debt to approx. 17,000$. Then , with their fees, pay around 23,000$.
All this achieved, by approx. 490$/month over 46 months.
Just wondering if this Fee percentage is the Industry Standard, or I am being fleeced.
Is there a different Debt Consolidation company u can recommend?