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>> I as clueless as the next guy but I'm at the staggering $30K plus in CC debt <<

>> She's suggested a three-year payoff at a rate of $678 per month <<

Hmm... 3 years (36 months) at $678/month is a total of $24,408 in payments. I don't see how this could possibly pay off $30,000 in debts. The only way this could eliminate your debts is if they get your existing creditors to forgive part of your debt which would likely show up on your credit reports as a "charge off" which would have a significant negative impact.

Unless there are some details you've left out, I'd run in the opposite direction and concentrate on making extra payments on the highest interest rate card and go ahead and take until 2005 to pay off the debts if you have to.

Ramblings from that Sacto Fool
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