The Money Merge Accounts™ system may seem like new debt relief tools but it has been in use for many years now by financially savvy consumers. At its simplest, it is a revolutionary debt reduction program that pays off all debts in as little as 1/3-1/2 the time using existing income.
But as millions struggle with overwhelming debt, falling home values, and an uncertain economic future: Are Money Merge Accounts truly the fastest and most effective way to pay off mortgages and credit cards or are they just another debt relief “scam” that leaves us further in debt than before?
Using Interest To Your Advantage
At the heart of the system is an advanced debt reduction software suite. For years now, banks have been using sophisticated software programs and practices to maximize the amount of interest charges you incur when borrowing money. They accomplish this by forcing you to pay interest charges before paying on the principle debt.
If you make a mortgage payment, for instance, it gets posted to a fixed interest amount calculated daily before anything is applied towards the principle—to the tune of 80% or more of your payment in the first years of a mortgage! Making an additional payment does you no good because the interest that has already been calculated will be paid—again, before being applied to the principle.
The accelerated debt reduction software linked to this powerful system actually tells you when to make a “larger than normal” mortgage payment so that the additional money is put towards your principle debt—before the bank assesses their interest charges! This means that the maximum amount is paid towards your principle debt while canceling interest charges and helping you pay off your debt in a fraction of the time!
So How Do I Make “Larger Than Normal” Payments Without Increasing Income?
With this proven debt elimination system, your income and expenses are centralized in one account. For the program to work and eliminate debt and interest charges in the quickest time possible, you can use 3 common financial tools:
Savings Account : The software is designed to maximize the interest accumulation from your savings to help generate income that is then used to eliminate debt.
Checking Account : The Money Merge Account system is used to pay your bills but the debt elimination software will prompt you to keep money in savings for as long as possible to maximize interest accumulation. Then, you will be prompted when to fund the checking account to pay your bills and maximize interest cancellation (by making larger than normal payments and thus reducing your principle debt as fast as possible).
Advanced Line of Credit (ALOC) : In older versions of the program, you were required to also have an ALOC such as a home equity line of credit, personal line of credit, or business line of credit. However, in the latest version of the program these tools are no longer needed.
The ALOC, even the credit card, was used so that you can make “larger than normal” payments without increasing income. The debt reduction software would prompt you to use the credit card periodically to make these larger than normal payments—but without incurring interest charges. Yes, you will be using a technique used by banks for years—interest float. In other words, you would use the credit card to help cancel interest and then pay it back before the grace period ends—and thus use the bank’s money for free to pay off your debts faster! Now with the power of the newest Money Merge Account system you can achieve the same results without the ALOC.
In the end, a Money Merge Account system helps you eliminate debt as fast as possible by basically helping you “bank like a bank”. The Money Merge Account debt reduction software will also compute the best order to pay off all of your debts in the fastest time possible with the least expense—in as little as 1/3-1/2 the time potentially saving you thousands in interest!