Interest Rates - Will Eat You Alive

Most consumers look at their interest rates individually. 5% here, 9% here, 14% here...individually they look small and manageable right? WRONG! collectively you are paying upwards of 30% or more.

If you are paying interest rates of any kind you are falling further and further behind everyday. Interest on any debt is ticking 24/7/365 in the banks benefit, your income is not ticking at that pace.

With the effects of compounded interest most people will end up paying for their purchase close to if not more than twice over the term of the financial agreement. Most home owners will pay over 200% of the purchase price of their home with a traditional 30 year mortgage. What kind of Sense Do Mortgages Make Anyways

You can either pay interest rates or you can earn interest. Most people don't know how to because they weren't told how to and quit frankly the banks don't want you to know how to either.

Paying off your debts as quickly and strategically as possible should be your ~ Strategies To Save Money ~ #1 Priority!

It is highly recommended that you get a customized strategic payoff for you and your unique situation. It is a mistake to attempt this on your own or to apply "generic" recommendations in regards to paying off debt.

Many so called experts advise to just pick the highest interest rate and pay it of first and then work down the list of all the other debts without knowing one thing about their financial situation. In in reality, based on the variables this could end up costing you more money - lots more money.

Factorial math is what drives the effectiveness of a strategic debt payoff plan. Factorial math provides a specific number of calculated solutions depending on how many variables you are dealing with. Such as the type of debt it is (close ended or open ended) , how many debts you have, the terms of the agreements, months already paid, months remaining, interest rate, payment amount, how many days there are in the calander month, how often you get paid, discretionary income....etc.

If you have just three variables, you potentially have six solutions. If you have six variables, you  would potentially have over 700 possibilities.

1	1
2	2
3	6
4	24
5	120
6	720
7	5,040
8	40,320
9	362,880
10	3,628,800
11	39,916,800
12	479,001,600
13	6,227,020,800
14	87,178,291,200

When you get up around 10, 11, 12 variables, it  starts going into the millions of possibilities. The critical thing about those possibilities with regards to debt elimination, is if you were to take one of those debts and place it in the wrong payoff position on our own, it could cost you potentially years and tens of thousands of dollars in interest.

Interest cancellation is the only way to stop interest rates from eating you alive financially.

Request a Interest Cancelation & Strategic Payoff Quote.