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The Debt Knock Down |
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The Debt Knock Down Program Lets first look at the facts, every year: • Visa™, MasterCard™, Discover™ and American Express™ are owed over $1.47 trillion dollars • Over 1.5 million Americans file for bankruptcy • Over 50 million Americans are in debt Source: Federal Reserve Board These numbers are the result of basically two culprits, overspending and compound interest. The Culprits Overspending is a result of necessity (lack of available cash for daily living expenses) or desire (also the lack of available cash but not for necessity). Compound interest is the interest that is earned on interest. Click here for credit card industry secrets and additional compound interest information. All credit card companies structure their payment terms with compound interest. In essence, they ensure that if you pay your minimum required payment, it will take about thirty years to pay off a $2,500 balance. Which is after you already paid well over $5,900 in interest. A Way Out Credit card companies want you to keep investing in their future. To break this cycle and to begin investing in your future, please consider enrolling in our Debt Knock Down Program. Program Features The Debt Knock Down Program can save you years of bill payments and thousands of dollars in interest. How It Works Our specially designed creditor software will give you a step by step printout based on all of the bill information that you provide. This printout will show you the quickest way to become debt free without spending more money. Click here for a list of bills that you can include in the Debt Knock Down Program. Actual Example The following example consists of two credit cards with balances totaling $11,929.81. The APR's are 14.25% and 15.75%. The last item is a $10,235.56 car loan with a 7% interest rate. (Please note that the Debt Knock Down Program will work with all types of debt. Click here for a complete list). Enrollment Fee The Debt Knock Down Program enrollment fee is currently being offered for only $39.95. Enroll Today Start putting more of your paycheck in your pocket. Click here to enroll or to receive more information. Click here to view our client testimonial list. Additional Information For more in depth information, including sample letters, forms, tips and step-by-step detailed information, please click here to reach our free publications page. |
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