Debt Elimination?
Question: My company has just started offering consumers a report on how they can eliminate their debt. The report uses a worksheet that you complete and return to us that allows us to generate the report that uses your own numbers and details how to eliminate your debt.
Information on the company is at: http:/www.wwinfo.com/fifree/ Information on this program is at: http://www.wwinfo.com/fifree/prod/consult/ The form that you need is located at: http://www.wwinfo.com/fifree/prod/consult/printme-form.rtf
We look forward to providing you with the Free Debt Elimination Report.
Answer: The system I described is so simple to stay on that anybody capable of making their minimum payments can stay on it.
And because it’s based on paying off the one account that gives the quickest relief from debt ALONG WITH continuing to make minimums, there’s no risk, pure benefit — and it’s free.
It’s the kind of information that’s so important to know that it HAS to free. That way, you have no risk in knowing it, and can compare it to all similar information in a totally unbiased fashion.
Yes, it is helpful to refi the house and pay everything off and make some safe, secure investments. How are you going to pay for it? How are you going to swing the refi if you have too many open, active accounts? Your REAL first step is to get out from under the many little credit card accounts that bleed you dry. THAT way you can have cash available. Oh yeah, your “refi the home” sounds like taking out a home equity loan, which is not legal here in Texas (only state in the union like that). A straight refinancing of the outstanding mortgage is going to cost points, and that has to be balanced against the long-term benefits, if any. (Though this week, the 15-year rates are the lowest they’ve been in some time.)
I’d like to see an alternative credit improvement system that pays off accounts as quickly as the one I described.
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Filed under: Home Equity Loan
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