Common Sense Debt Elimination Tools contains several database driven tools to help you RAPIDLY eliminate almost any type of liabilities such as Credit Cards, Mortgages, School Loans, Car Loans - anything that you can pay off early.
People just like you from all across the country are using
Common Sense Debt Elimination
to radically change their financial lives. Here's what some of them are saying:
The thought of saving hundreds of thousands of dollars is, of course, very exciting. But I have also seen that many of the programs showing you how to do it are expensive. But even at an initial cost of $3,500 and yearly fees, it still makes financial sense if you know you will save tens or hundreds of thousands of dollars. However, it is the other aspects of these programs that trouble me more. Most are complicated, inflexible, and unfriendly - at least to this prospective user. So they just end up being way too much money for something I know I will have a hard time using.
However, your software is completely different. Frankly, I dreaded looking at yet another "system" and was prepared for the worst, but yours was so easy that within 15 minutes or so I was testing all sorts of "what if" propositions. I was using it as a tool instead of the other way around. It enabled me to be creative, which is an immensely important advantage over anything else I have looked at.
With other systems, once you set them up and get started it is difficult, complicated, and expensive to make modifications. Yours is the very essence of flexibility. When the inevitable, unforeseen problems pop up, I can easily recalculate everything to decide for myself the best way to go. Your system does not require a line of credit, which greatly simplifies things and provides the option of paying bills out of a savings account, which I am doing. It also allows me to try different savings balances and different levels of "aggressiveness". I can recalculate every day if I want and not have to notify some clerk, ask for assistance, or pay anyone. That is something I know I can use.
In my case, with only $300 discretionary income I am paying off all debt 10 years sooner and saving more than $200,000 in interest. I can adjust easily along the way. To say I have gotten my money's worth obviously does not begin to cover it.
I thank you and congratulate you for creating such a program. I am just not that comfortable with computer technology and it seems that even when I do get something running, I usually run into problems or can't make it do what it is supposed to do. Your program allows me to do more, accomplish more, and get to the best result for my unique circumstances. I don't know how you did it but I am glad you did. I would recommend this system to anyone without reservation. Thanks again,"
We wanted to pay it off, but when we would sit down to "crunch the numbers" the task seemed so daunting that it seemed easier to make our minimum payments and "hope" that everything worked itself out. Then about a year ago we started to look into debt consolidation programs.
From the very beginning it was clear that this was different than anything else we had looked into. First, the plan allowed us to get out of debt quicker and without ruining our credit. Second, as we payed off our debt we also got to invest in our future. Third, we only had to allocate money that we were already spending on our debt. And most importantly, this program gave us the two things we were missing - a plan and hope!
Now we know where we're headed. We have a plan and a commitment to stick to that plan because the steps are simple and the end in sight. It has changed our focus and has lifted the weight of debt into something manageable. I will forever be grateful for the knowledge and power this program has given our family!"
A1: Common Sense Debt Elimination
is a debt reduction tools website centered on helping families eliminate all their debt including their mortgage while helping them understand the power of time value of money by saving at the same time as eliminating debt. This tool results in eliminating debt extremely quick, but also allows families to take advantage of their number one asset, TIME.
Debt Roll-Up: also called debt snowballing or debt stacking is a way to take all the amounts owed and systematically eliminate one by one then taking the amount that was being paid on each debt and moving it to the next one. The real question is which debt do you target first? Is it lowest balance or highest interest? The answer is neither, or both depending on how you look at it, by factoring in how weighted your payment is against your balance takes into account both low balances and high interest rates.
Savings Roll-Up: The one thing that no other program we know about does is help you realize the time value of your money. This means by saving a percentage of the funds you set aside for debt elimination, and also roll up that same percentage every time you eliminate one of your debts creates a real way to save for your financial goals while eliminating your debt. This program also shows you how much you could save by the time you reach your desired retirement age. This tool alone is the main reason every one needs to run their own numbers through this program.
A2: Absolutely. Although you may accomplish something similar
on your own, Common Sense Debt Elimination
program utilizes complex mathematics to determine the path to achieve the greatest interest savings possible. Our technology is specifically designed to account for each homeowners financial circumstances and unique lifestyle. This advanced, yet user-friendly system helps to maximize interest savings and can be easily updated to accommodate changes in your personal financial situation.
A3: The Common Sense Debt Elimination
program is designed to work around your existing lifestyle. Our program will provide you with a precise roadmap that will significantly reduce the interest and time required to payoff your existing mortgage by strategically attacking the debt with larger amounts and greater frequency. Utilizing a simple credit line or savings accounts enables homeowners to aggressively attack their mortgage balance by putting unused money to work. Typically, available funds on a credit line or savings account are earning very little (if any) interest and can be used to strategically accelerate your mortgage payoff without ever depleting your account. The system will carefully identify exactly how much and when to use these available funds to reduce the time it takes to retire your mortgage debt and maximize your interest savings. Because the Common Sense Debt Elimination
program does not require you to alter your accounting or banking practices, the homeowner gains the benefit of reducing the time and interest owing on their mortgage without the need to change their lifestyle. The proven banking principles programmed into Common Sense Debt Elimination
software help to better educate homeowners and assist in some of the greatest time and interest savings possible.
A4: The Common Sense Debt Elimination
program is based on banking principles that have been used by lenders and creditors for decades. The program simply provides you with the necessary tools and education to utilize these principles to your advantage instead of your creditors. Thousands of homeowners in Australia and the United Kingdom have successfully used these banking strategies to pay off their mortgages and consumer debt in record time. Due to sound banking principles and ease of use, the Common Sense Debt Elimination
program has gained significant popularity among American homeowners.
A5: There is little to no risk for an individual to
participate in the Common Sense Debt
program. Because our system is not solely based on factors outside of the program, the homeowners ability to follow the detailed roadmap provided is critical to the program's success. For this reason is why we allow you to take a test drive before you buy. Let us prove the concept and show you your potential savings by using the Common Sense Debt Elimination
Additionally, you are always the one making your loan payments; this program offers you the roadmap on how to pay off all your debt in the fastest way possible. Be advised, this program does not release homeowners from their obligation to make their regular minimum monthly loan payments. This program is not for everyone as no program is right for everyone.
A6: Although everyone will not qualify for the
Common Sense Debt Elimination
program, we've found that if you earn more than you are spending every month (including mortgages, consumers debt and living expenses) then our system will work for you. In many instances, even if you have no additional funds after paying all your bills and living expenses our program will still work for you. There are several avenues that can be used to customize the program to work for your specific situation, but the Common Sense Debt Elimination
program is not for everyone. Fortunately, we've taken all of the guesswork out of the pre-qualification process by allowing you to run a free savings analysis on our system with up to six of your current creditors to see whether or not the Common Sense Debt Elimination
program is right for you.
A7: This program does not ask or require you to consolidate
payments; in fact we have found that most financial situations
benefit more by keeping your existing loan structure for the
greatest savings in time and Interest. The real answer here is
that if you trade short term debt for long term debt it greatly
hinders the ability for you to quickly accelerate your overall
debt situation. The Common Sense Debt
program allows you to run as many scenarios as you wish so you can pin point the path to the greatest savings.
A8: Yes, as long the homeowners' financial information
qualifies. Most importantly, the Common
Sense Debt Elimination
program will help accelerate the payoff on these types of loans which may be detrimental to homeowners if not used properly. In addition, your personal debt coach will help you gain greater understanding of your specific loan product and how to the use the system to maximize your interest savings and take greater control of your overall financial situation.
A9: No. We understand that no program can meet the needs of
every consumer or homeowner. Our system is best suited for
individuals seeking a convenient debt elimination roadmap, tools
and additional support required to pay off their mortgage and
consumer debt in the least amount of time possible. Although
many choose to accelerate their mortgage pay off by adding
additional money to each monthly payment,
Common Sense Debt Elimination
can save homeowners thousands of dollars and significantly decrease the number of years it takes to become totally debt free with the flexibility and step-by-step blueprint required to achieve success.
We have found that by separating the money you spend on debt
from the money you spend on living expenses greatly increases
your ability to stick with the roadmap Common Sense Debt
generates. By setting up a separate account for your Debt helps you get used to the amount you are spending on your debt and also helps you keep that goal in sight.
Having an emergency savings of around $2,000 is an ideal starting point to the average family these days. In reality every family should have at least 6-8 months of all their expenses. The real problem we see is if someone is living paycheck to paycheck it is because they do not have a plan for when the emergency comes up; the car breaks down, the car needs tires, you get sick, and the list can go on and on. Most of the emergencies family's encounter is around $500. If you don't have emergency savings it is even more important to run your numbers through this program and really look at the % of Discretionary Funds savings calculator. It is extremely difficult to make real progress on eliminating all your debt if you keep going back to your debt WHEN (not if) those emergency's happen. This program will help you become proactive about your debt and not reactive.