Project Description

William was working for a nonprofit and suddenly his hours at work were reduced for about 9 months. He lost almost 25% of his pay, which created substantial financial strain to his family. He feels that he is living off of credit cards to raise his family now. A majority of his payments are going towards interest and not towards his balance.

Income: $3500
Total Accounts: 16
Debt: $43,600
Credit Score: 600 (below poor)
Credit Utilization: 68%
Spending: $1,500 in monthly payments towards debts ranging between 6 – 24%


He is looking to consolidate his debt and get back on track. His main goal is to rebuild his credit profile, start saving money again and be able to support his son in college.

How We Helped

By working with Reb0und, William and his financial advisor were able to consolidate all his debts into one single monthly payment plan where he is now back on track to become debt free and rebuild his savings account.

Reb0und is saving his family almost $11,000 each year in interest by not paying the minimums. He will completely become debt free in 48 months with a restored credit profile.

Let us help you succeed in finally becoming debt free.

New Consolidated payment for William will be $608 for 48 months.

Total Debt Reduction
Total cost of debt to client was just $33,984. This could have been well over $100,000 if they kept making minimum payments.
New Consolidated Monthly Payment
The new fixed consolidated payment will allow them to be out of debt in 48 months. A low 5.25% fee per year on total debt enrolled was already built into the program.
More monthly Available Cash
Total debt reduction and a low fixed single monthly payment freed up cash for living and unexpected future expenses.

Ready To Become Debt Free?

Call Us Now: 800 852 5049

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