The interest is cancellable.

We all appreciate the fact that we can buy a car and a house without cash, and pay for this car, the house, the furniture, and the boat over time.

Banks love to help us make large purchases by lending us the money to do so. Banks are in business to make money by charging us interest on the money we borrow. That interest can be from 2% to 25% depending on your credit score.

Fact: the average person spends 34.5% of their income on interest!

The purpose of this article is to show you the options you have to pay off / reduce the interest you pay on all loans. There is an alternative to living in debt.

Option 1.

Debt reduction. This is basically the accumulation of your credit card and car loans in one package.

The result is that you now have a payment to a loan provider, giving you an affordable and manageable monthly payment. The downside is that you are starting over in the debt settlement process. The biggest drawback is that most people will now start using canceled credit cards and their debt will increase. The habit of overspending has not been broken.

Option 2.

Refinancing your mortgage. The benefit is that you can get a lower interest rate and also a lower monthly payment.

The good side is that your mortgage is now affordable. The downside is that you are starting your mortgage payoff time again, whether it’s 15 years or 30 years.

Keep in mind that refinancing your mortgage affects your other debts, such as car loans, student loans, or credit cards. You still have these same debts and monthly payments.

Option 3.

Mortgage Biweekly payments. This will pay off some interest by paying off your mortgage in less time by adding an additional payment per year. The result is a 30-year mortgage that would be reduced to approximately 24 years.

Option 4.

Extra payment made to mortgage and / or credit cards and / or car payments.

It is true that you can put additional money towards these debts at any time. It’s a good place to put your tax return income or other bonus income that you may have available. This will reduce the overall interest you are paying on these loans.

Option 5.

Worth it. Wealth strategy secured with award-winning technology. Think of managing your financial affairs like a GPS system that maps the shortest and most effective route to your goal. In the event you miss a turn, detour, or take an alternate road, the Worth count of Worth unlimited recalculates and guides you back on the road.

Imagine a GPS system that tracks where you are in relation to your financial plans. This system allows you to better understand your income and spending stream, then plan and “play” financial scenarios like buying a new car, other credit decisions, and investment opportunities so you can understand the effect they will have on your finances and future. – Personal real estate investor – Dec 2014

`This program guides you in making all financial decisions. The result is that you can pay off all of your debt, including your mortgage, in half the normal time or less, using the cutting edge financial solutions of the 21st century! With this program, most clients can pay off their 30-year mortgage in as little as 9 to 15 years, plus all other debt.

No refinancing, no loan modification, and no lifestyle change.

The Value Account System is an excellent program to view your financial future based on what you are doing today. Take the guesswork out of financial planning.

The benefits of this system are:

1. Save thousands of dollars in interest paid

2. Be debt free in 1/2 to 1/3 of the time

3. Visually see the results and impact of each purchase and financial transaction.

4. Know the real cost of each purchase before you buy.