- Date:
- Tue, Oct 22, 2024 06:25 PM
- Financial Profile for:
- Melanie
- Lockwood
- Prepared by:
- unknown
- Phone number:
- Email:
- unknown
Your Current Debt Situation:
This is a detailed analysis of your current interest costs associated with your qualified unsecured debt of $45,031.00
Debt Summary
| # | Balance | Utilization | Min. Monthly Payment | Interest Paid | Total Payments | Total Payoff Time |
|---|---|---|---|---|---|---|
| Total | $45,031.00 | 57% | $1,710.00 | $26,315.74 | $71,346.74 | 25 Years |
| UPLIFT / CB | $2,491.00 | 100% | $277.00 | $205.25 | $2,696.25 | 1 Years |
| SYNCB/AMAZON PLCC | $1,964.00 | 94% | $83.00 | $972.20 | $2,936.20 | 8 Years |
| BEST BUY/CBNA | $683.00 | 34% | $6.00 | $474.42 | $1,157.42 | 7 Years |
| CBNA/WAYFAIR | $1,574.00 | 72% | $30.00 | $3,678.81 | $5,252.81 | 23 Years |
| WELLS FARGO CARD SER | $5,110.00 | 85% | $52.00 | $0.00 | $5,110.00 | 18 Years |
| ROCKLOANS MARKETPLAC | $2,621.00 | 100% | $168.00 | $387.33 | $3,008.33 | 2 Years |
| SYNCB/LOWES | $858.00 | 90% | $44.00 | $289.93 | $1,147.93 | 4 Years |
| COMENITYCAPITAL/BIGL | $540.00 | 72% | $30.00 | $146.94 | $686.94 | 3 Years |
| MACYS/CITIBANK, N.A. | $741.00 | 32% | $29.00 | $326.04 | $1,067.04 | 5 Years |
| CB/BREAD REWARDS | $2,695.00 | 96% | $98.00 | $1,725.94 | $4,420.94 | 10 Years |
| KOHLS/CAPITAL ONE | $2,293.00 | 76% | $108.00 | $990.50 | $3,283.50 | 7 Years |
| SYNCB/JC PENNEYS | $478.00 | 82% | $30.00 | $111.25 | $589.25 | 3 Years |
| SYNCB/LA-Z-BOY | $6,383.00 | 80% | $160.00 | $8,940.05 | $15,323.05 | 25 Years |
| CAPITAL ONE | $2,588.00 | 94% | $101.00 | $1,480.23 | $4,068.23 | 9 Years |
| DISCOVER BANK | $3,267.00 | 28% | $76.00 | $0.00 | $3,267.00 | 9 Years |
| EXXNMOBIL/CBNA | $318.00 | 40% | $29.00 | $46.78 | $364.78 | 2 Years |
| JPMCB - CARD SERVICE | $2,863.00 | 95% | $97.00 | $2,069.27 | $4,932.27 | 12 Years |
| ALLY CREDIT CARD | $553.00 | 37% | $27.00 | $171.56 | $724.56 | 4 Years |
| SYNCHRONY NETWORKS | $1,335.00 | 17% | $50.00 | $739.35 | $2,074.35 | 7 Years |
| COMENITYBANK/SGUIDEV | $312.00 | 15% | $30.00 | $43.74 | $355.74 | 2 Years |
| SYNCB/SAM'S CLUB DC | $963.00 | 88% | $34.00 | $529.94 | $1,492.94 | 7 Years |
| SHELL/CBNA | $689.00 | 98% | $29.00 | $271.81 | $960.81 | 5 Years |
| CITICARDS CBNA | $2,333.00 | 96% | $73.00 | $1,885.03 | $4,218.03 | 12 Years |
| BARCLAYS BANK DELAWA | $1,379.00 | 23% | $49.00 | $829.37 | $2,208.37 | 8 Years |
Budget Details
- Total Monthly Income
- (All Sources) $8,500.00
- Total Monthly Expenses
- $5,293.92
- Funds Available
- $3,206.08
Credit Used
Here is how much of your "credit" you're actually using. It's called your utilization score.* This is the ratio of your available credit compared to your balance owed.
*A healthy score is around 20%.- Your Utilization Score
- 57%
- 75% +
- 50 - 74%
- 30 - 49%
- 10 - 29%
- 0 - 9%
- Your Total Credit Utilization
- 57% Poor
- Total Outstanding Unsecured Debt
- $45,031.00
- Debt to Income Ratio
- 62.00% Poor
- Accounts in Collections
- 0 Excellent
- Number of Open Active Accounts
- 31 Fair
- Number of Inquiries
- 1 Good
Here's your credit score, also known as YOUR FICO score.
- 637
- Poor
- Provided by:
-
- Reported:
- (not set)
- Date of Birth:
- Feb 17, 1967
- SSN:
- ***-**-9818
- Address:
- 6711 Prescott Dam
- City/State/ZIP
- San Antonio, Texas 78233
Explore your options
An affordable solution to reduce your debt
Compare the Liberty First Lending Advantage Program to making minimum payments to your creditors.
Pay less each month
- Minimum Payments
-
$1,710.00 per month
- Liberty First Lending’s solution
-
$800.92 per month
Reduce time to pay down your debt
- Minimum Payments
-
25 years
- Liberty First Lending’s solution
-
4 years
Reduce what you owe
- Minimum Payments
-
$71,346.74 with interest
- Liberty First Lending’s solution
-
$37,643.02 est. cost
Savings Summary
Liberty First Lending Advantage
- Monthly Payment Savings
- $909.08
- Payoff Time Savings
- 21 years
- Total Cost Savings
- $33,703.72
How our program works
We help you overcome debt using our 4-step debt settlement process
Liberty First Lending Advantage
Deposit
Make your monthly deposits into an FDIC-insured account that you control
Negotiation
When enough funds accrue, we negotiate with your creditors to settle your debts for less than you owe.
Settlement
When an agreement is reached, we send the terms to you for approval so we can process payments to the creditor from your account.
Freedom
Once all the debts you enrolled in the program go through these three steps and are fully resolved, you graduate from the program and are free of the debt!
Future Liberty First Lending Advantage Loan Option*
Consistent Deposits
Make consistent deposits into your dedicated account for at least 6 months to be considered for this Loan Option*.
Qualification Review
Once you have a proven deposit history, we will review your file to qualify you for an Liberty First Lending Advantage Loan*.
Pay-off Remaining Debt
Once you are approved for this option, your remaining enrolled debt will be paid off and you will make one fixed monthly payment towards your Liberty First Lending Advantage Loan.
Credit Impact
Liberty First Lending Advantage Program
This is a visual representation of what others have experienced while in the Liberty First Lending Advantage program. As early as 8 months into the program, your credit score can begin to recover. As your accounts go past due, your credit score will drop temporarily. At graduation, your score has likely recovered to the same level it was at the start of the program.
*The credit score (FICO) impact is derived from a study of Liberty First Lending Advantage clients between 2017-2019, which tracked average FICO scores, debt burden, and responsible credit behavior during that period of time. Past results are no guarantee of future performance. Individual experiences may vary. Liberty First Lending is not a credit repair organization. The chart provided above is to demonstrate credit impact only. Any impact to your credit score (positive or negative) is ancillary to the program. The intent of our program is to get you out of debt.
Future Liberty First Lending Advantage Loan Option
With the Liberty First Lending Advantage Loan, you may be able to fast track your credit recovery!
*The above examples are real scenarios and not necessarily representative of your outcome. Credit impact may vary based on your unique credit profile.
How to be successful in our program
Clients that are successful in our program follow these 7 easy steps. Following these steps will help you receive the lowest settlements possible and grant you the best chance of being approved for a loan as early as 6 months into the program.
- Stop using any credit cards that you have enrolled in the program.
- Stop making payments to your creditors. Instead, redirect your funds by depositing into your dedicated account.
- Make all your scheduled deposits into your dedicated account. This will give us the best chance of getting you the lowest settlements possible.
- Authorize all settlements as soon as you receive notice from Liberty First Lending in order to avoid breaking the agreement.
- Do not remove debts that are enrolled in your Liberty First Lending Advantage program. This hurts our chances of getting great settlements with your creditors.
- Remain current on your mortgage, car payments, and any other debts not enrolled.
- Deposit additional funds into your dedicated account to fast track your program!
*Lastly, WE WORK ON YOUR BEHALF. We are in this together, and we don't make a penny until we get your settlements in place.
