WATCH OUT FOR DEPT EXPERTS!!!

<p> </p> <p>I had a lot a lot of debt and a company called Debt Experts gave me a call and offered me a consolidation which i acccepted. The agreement was to pay R4510 per month for 3 years and the total debt combined was R106 000 , they gave me a contract to sign confirming that i will be settling the debt over a 3 year period. I was desperate to get my accounts settled at half the amount i was paying before that i did not calculate the amount i was paying and how much it would work out to be after 3 years so i signed the contract. I have been paying R4510 for 28 months which works out to R126 280 , this means that i have paid R20 280 more than i should have paid before the 3 year period. I calculated the amount which i would have paid at a 3 year period would have been R162 360 , which means they will have made a profit of R56 360. </p> <p> </p>