Everyone knows that interest is money paid to another for the use of money. Every fixed loan has a lending statement showing how much will be paid if minimum payments are made on time. Revolving credit accounts simply charge interest on unpaid balances.
Why pay more than you have to pay?
Other websites have simple calculators to discover what adding a small amount to the minimum payment will do to reduce the length of a loan, and the amount of interest paid to the finance company.
Want to see how the sum of debts and paying them all early impacts your future retirement?
Contact me now, for a written solution to paying all debts more quickly, building security, simplifying your life along the way, and saving lots of Interest.
Be Wise, find Wisdom. Be rewarded: Proverbs 1:33 “whoever listens to me will live in safety and be at ease, without fear of harm.”(NIV)