Ask the Expert: What Happens After Account Payoff?
An expert answer from Gary Herman
So the average person has between seven and ten credit cards on our program. It’s very common for one or two cards to get paid off early on in the program. It doesn’t lower your monthly payment, we just take the money that used to go to those two credit card companies and we’ll send them to the rest of your creditors. In general, we’ll usually send them to the creditors that are charging you a higher interest rate. So it saves you more money and gets you out of debt faster.
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