Accelerated Debt Reduction: Fact or Fiction?The world is clogged in debt because the banks and finance companies have rigged the game against the consumer. Most of us are lucky to make the minimum payments on our credit cards which means it will take decades to pay them off—at a cost of $1,000’s. How can you ever get out of debt when wages aren’t even keeping pace with inflation? That means you don’t have the extra income necessary to pay down your debts fast—you are caught in the “minimum payment” trap. Don’t worry, you aren’t alone. What Accelerated Debt Reduction Is NotBi-Weekly Program: One of the biggest reasons why there is a 75% failure rate with most debt reduction strategies like credit counseling: No control of your own finances. What happens if your auto breaks down? What happens when your plumbing suddenly goes on the fritz? Debt reduction plans that require bi-weekly or even weekly payments are too rigid. Accelerated debt reduction software tells you when and how much a payment should be—but you are still in control of your own money. If you need the money somewhere else in an emergency, you can simply not authorize the payment. Debt Roll Down: In an accelerated debt program, bills are eliminated in 1/3-1/2 of the time thanks to software and advanced banking techniques. A debt roll down is typically negotiated by a third party for a fee and may damage your credit. Plus, a debt roll down often requires a lump sum payment—perhaps even a loan of some kind. Reverse Mortgage: One of the worst debt relief strategies out there is a reverse mortgage. This is really just trading in equity for cash and lowering the value of your greatest asset. Debt acceleration software is designed to minimize the time it takes to pay off your debts using existing income and your checking and savings account. Beating the Banks in Their Own GameYou know what the key is to becoming debt free? Minimize the amount of interest you pay on your debt so you can pay more on the principal. Have you ever noticed how the banks and credit card companies always get their money first. Before one dime is applied to your actual principal debt, all fees and interest charges are paid first. In many cases, 80% or more of your monthly payments are being directed towards interest charges! The Money Merge Account™ program help minimize the amount of interest you pay on your debts each month using advanced software and banking techniques. The software analyzes your current debts and maps out the quickest way to pay everything off without increasing your income, filing bankruptcy, or damaging your credit. To use the Money Merge Account accelerated debt elimination system, you will simply need: a checking account and a savings account and the determination to be debt free. The Money Merge Account system centralizes your income and expenses while the software prompts you where to direct payments and when so that more is directed towards principal—not interest. Accelerated debt reduction is not fiction: It is 21st century banking that works in your favor to pay your debts off in a fraction of the time!
More FREE InformationMoney Merge Account Software: The “Final” Debt Solution! Credit Card Debt Reduction Software To the Rescue! Debt Reduction Plan Software is Vital to Your Financial Future Personal Debt Reduction Software May Save Your Financial Life!
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