Simple Tool
Our system is built on a basic well known concept called Debt Stacking. On top of that we add several invaluable tools to help speed up that basic method even more.
You enter a list of debts you wish to get rid of. In doing this, you also enter what your monthly payment is for each of those debts.
Say you have 4 Credit Cards, each of which has a minimum $25/mo payment. That means your monthly debt relief budget is $100. If you happen to be able to afford to add some funds to that minimum budget, so much the better.
It is very unlikely you will pay them all off on the same day; eventually you will pay one of those 4 debts off before the others. This will free up $25, which we call discretionary funds, which you could use on something else in life.
However, using our system you will quickly learn how powerful it is to take the $25 you were spending on the debt you just paid off and ADD that amount to one of the remaining 3 cards. The
real key to any debt stacking system is the math forumula used to tell you which of those remaining cards should get the extra discretionary funds that just became availalble. Some programs use very simple math formulas,
but our program uses very complex algorithyms to sort your debts of all kinds into the best order possible for the fastest payoff you can get. It then clearly shows you which of those cards is the best one to
start paying that extra amount on. Obviously, this will mean that next debt in line will pay off sooner since you are now paying $50/mo on it instead of the original $25/mo. When that one pays off, you will move the $50
you were paying on it to one of the 2 remaining cards. You will now
be paying $75 per month on that third debt instead of the original $25/mo. Again, the program will tell you which one is the best one to begin adding that extra amount to. By doing this with each debt as you pay it off, it is
easy to see how your debt payoff begins to accellerate as you pay more and more of them off. The key is how the underlying program sorts your
debts and puts them in a specific order so that you know what to move your new discretionare funds to as they become available.
The basic concept is that your $100 monthly debt payment budget never changes. You maintain that level, even as you pay off your debts. You just move the payments you were paying to each debt over to
another debt as you retire each debt. The logic is pretty simple. BUT what is not simple and absolutely NOT intuitive is which debt you should move those freed up payments to. That is why you need
to use a program like this. Our program will choose the absolute best order to move those funds to and show you exactly how much to add to which debt payment and when.
But this is just the first step. We have two other COMPLEX modules you can choose from that will speed even that simple debt stacking process as described above: Credit Line Tool and Savings Account Tool.
