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Answer for How Does Debt Review Affect the Interest Rate?

Hi there, 

Thank you for your question. 

Your interest rate forms part of the contract you have with the creditor and cannot be changed. But in many cases credit providers agree to an interest rate reduction.

DebtSafe can also negotiate a reduced monthly repayment plan with your creditors. This monthly payment plan will be reasonable and will serve the purpose of settling your debt over a reasonable amount of time. 

To find out specifically how your repayment plan will look please send us an email to [email protected] 

Have a great day.