Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

The Real Cost of Keeping New Year's Resolutions

By Yvette Romero and MaryAnn Busso - 2011-12-22T19:20:53Z

Photograph by Creatas/Getty Images

Company Symbol % Change
4 of 17

I Will Get Out of Debt

About two million people in the U.S. are on debt-repayment plans, and demand for credit counseling has risen by 28 percent over the past 18 months, says David Jones, president of the Association of Independent Consumer Credit Counseling Agencies. Average repayment: About $35,000 over three to five years.

$25: Enroll with the Association of Independent Consumer Credit Counseling Agencies (average fee quoted)
$276: Annual fee for debt-management plan; Fee is included in the monthly debt payments over an average of three years. Note that while the monthly average fee is $23 per month, payment depends on what you can afford; some people pay nothing --
$20: Kuhn Rikon 8" Kitchen Shears to cut up your credit cards -- Bed Bath and Beyond

Tally: $321