Indiana Debt Relief Snapshot for Cedar O'Really
1
Questionaire
2
Indiana Debt
Relief Snapshot
3
Review Options
DEBT ELIGIBLE FOR HELP
$0
$5k
$10k
$15k
$20k
$25k
$30k
QUALIFYING DEBTS
5
HARDSHIPS LISTED
6
NEXT STEP
Review Options
One-on-One Evaluation with ClearOne incudes:
Debt Analysis
Savings Estimate
List of Available Options
Receive your free evaluation by calling:
(877) 959-7237
A Note for Cedar
Irina
Customer Success
IndianaDebtRelief.org

Hi Cedar, I noticed that along with your $17,500 of debt, you also listed some hardships that have made finances more challenging. We’re seeing a lot of CaliforniaIndiana residents in a similar situation.

That's why we asked from ClearOne Advantage to reach out and share some options with you that other CaliforniaIndiana residents are looking into. If they haven’t already called by now, they should soon.

In the meantime, IndianaDebtRelief.org also wanted to provide you with resources for the hardships you mentioned and provide a quick analysis of your debt.

Let me know if you need anything else, and be sure to speak with your ClearOne specialist about the help available.

How Long Could It Take to Pay Off $17,500?

Using industry-standard repayment terms and average interest rates, here’s an estimate of how long it could take to pay off your debt:

***
MONTHLY
***
MONTHLY
With a debt balance of $17,500, a minimum payment of ***, and a 18% interest rate...

If you pay *** per billing period, it will be paid in full in about ***.

Interest paid = ***

If you pay *** per billing period, it will be paid in full in about ***.

Interest paid = ***

Cedar, from what you’ve shared about your debt, it looks like sticking to just the minimum payments each month could end up costing you a lot more in interest and make it tough to get out of debt. If significantly increasing your payments isn’t an option right now, we’ll walk through some other solutions that can help.

Hardship Resources
1. Overview of Your Financial Hardship

We analyzed the information you provided and created a tailored overview that addresses your specific debts and challenges.

  • Requesting a lower interest rate
    Many credit card companies may be open to reducing interest rates, especially for long-term customers. It can be helpful to reach out to your creditor to request a reduced rate. This PDF provides more information on how to do that.
  • Paying more than the minimum payment
    Paying only the minimum can extend the life of the debt for years. Making additional payments may help reduce your balance faster and save on interest over time.
  • IRS installment agreements
    IRS installment agreements This option allows you to break down your payments into smaller, manageable amounts, potentially making it easier to handle your tax debt.
  • Offer in Compromise (OIC)
    If you find it difficult to afford your tax debt, you might qualify to settle for less than the full amount owed. Learn more about OIC here.
  • Income-driven repayment plans
    Depending on your income and family size, this plan can lower monthly student loan payments for some households. Learn more here.
  • Loan refinancing
    If you’re eligible for a lower interest rate, refinancing could save money and reduce your monthly obligations. Learn more here.
  • Mortgage forbearance programs
    If you're facing temporary financial hardship, some programs might offer reduced or paused mortgage payments, providing breathing room to address other debts. Learn more here.
2. Debt Assistance Options

We understand that every financial situation is unique. Based on your responses, we've identified options that might work for you. These could include:

  • Reducing your monthly payments
  • Lowering your interest rates
  • Consolidation loan qualifications
  • Negotiating your total debt amount

While these options sound promising, the path to financial freedom isn't one-size-fits-all. That's why we've asked a specialist to reach out to you.

Why speak with a specialist?
📋 Get a Personalized Plan

A specialist will analyze your specific situation and craft a tailored strategy that meets your needs and goals.

🔍 Explore Hidden Opportunities

There might be relief options you haven't considered yet.

👍 Understand the Pros and Cons

Each solution has its benefits and drawbacks. A specialist will review those with you.

✅ Take the First Step

Sometimes, all it takes is one conversation to start your journey towards financial stability.

Receive Free Evaluation
Download Your Report

Click below to download your personalized report tailored specifically for your financial needs.

Need Help Right Away?

If you’d like to discuss your options with a specialist immediately, you can call us at (877) 959-7237 or visit our help center for more information.