Interest rate arbitration infographic - Know how the process works

Interest rate arbitration (How the process functions) Difficulty in making multiple monthly payments IR (%) ОB (S) cc - Credit Card 15 15,000 IR + Interest Rate c2 20 10,000 OB + Outstanding Balance cC3 25 5,000 Contacts a bank to obtain a secured loan Average IR – 20% Total OB → $30,000 BANK Pays back existing 3 CC bills Offers a secured BANK loan Average IR Total OB → $30,000 20% Amount saved - {(20-12) %} = 8% * $30,000] = $2,400 %3D By- DebtConsolidationCare Interest rate arbitration (How the process functions) Difficulty in making multiple monthly payments IR (%) ОB (S) cc - Credit Card 15 15,000 IR + Interest Rate c2 20 10,000 OB + Outstanding Balance cC3 25 5,000 Contacts a bank to obtain a secured loan Average IR – 20% Total OB → $30,000 BANK Pays back existing 3 CC bills Offers a secured BANK loan Average IR Total OB → $30,000 20% Amount saved - {(20-12) %} = 8% * $30,000] = $2,400 %3D By- DebtConsolidationCare Interest rate arbitration (How the process functions) Difficulty in making multiple monthly payments IR (%) ОB (S) cc - Credit Card 15 15,000 IR + Interest Rate c2 20 10,000 OB + Outstanding Balance cC3 25 5,000 Contacts a bank to obtain a secured loan Average IR – 20% Total OB → $30,000 BANK Pays back existing 3 CC bills Offers a secured BANK loan Average IR Total OB → $30,000 20% Amount saved - {(20-12) %} = 8% * $30,000] = $2,400 %3D By- DebtConsolidationCare Interest rate arbitration (How the process functions) Difficulty in making multiple monthly payments IR (%) ОB (S) cc - Credit Card 15 15,000 IR + Interest Rate c2 20 10,000 OB + Outstanding Balance cC3 25 5,000 Contacts a bank to obtain a secured loan Average IR – 20% Total OB → $30,000 BANK Pays back existing 3 CC bills Offers a secured BANK loan Average IR Total OB → $30,000 20% Amount saved - {(20-12) %} = 8% * $30,000] = $2,400 %3D By- DebtConsolidationCare Interest rate arbitration (How the process functions) Difficulty in making multiple monthly payments IR (%) ОB (S) cc - Credit Card 15 15,000 IR + Interest Rate c2 20 10,000 OB + Outstanding Balance cC3 25 5,000 Contacts a bank to obtain a secured loan Average IR – 20% Total OB → $30,000 BANK Pays back existing 3 CC bills Offers a secured BANK loan Average IR Total OB → $30,000 20% Amount saved - {(20-12) %} = 8% * $30,000] = $2,400 %3D By- DebtConsolidationCare