Debt Calculator


Caution: If the calculated results show “ NaN “, (Not Acceptable Number), you have entered a combination of payment amount and interest rates that will never repay the debt. Try again with a higher payment or lower interest rate.

DEBT MANAGEMENT TIPS

Know your priorites. Allot enough income for the essentials (shelter, utilities, food, medical, savings).

Deposit part of your income into a savings account to meet emergency expenses.

Review your statements regularly from your creditors while on the DMP. Report any unusual fees or activity to CCCS Operations Department, and send a copy of each of your statements every three months for official review.

No more than 25% of your monthly income should go towards installment debt – credit cards, loans, car payments, etc.

Act your own wage!