Eliminate Your Student Loan Debt

If you had the opportunity to PAY OFF YOUR STUDENT LOAN EARLY save MONEY WITHOUT changing your current spending habits, WOULD YOU?

Get the NUMBERS - Get the FACTS

The concept behind eliminating your debt

Having a monthly balance in a checking account is NOT a good idea

Using All of Your Money All of the Time

It is always best to use all available dollars ALL THE TIME to pay down debt.

This compounding effect will help you reduce the term of your loan.

When you use every available dollar every day to pay down student loan debt, your daily interest charges are reduced and doing so over the life of a loan has a tremendous compounding effect.

The Basics

Accessing all available cash every day

Once you see the math at work and realize you can use your current cash to help pay down debt with a few simple adjustments.

Understanding the following will help you understand the basics

Your lender charges you interest on a daily basis (many people think of mortgages as a monthly expense when it is really a daily expense).

If you can figure out a way to reduce your “daily” interest charges you can save a large amount of interest paid over the life of a loan.

The Math

When you use every available dollar to pay down your debt ALL THE TIME, your daily interest charges are reduced and doing so over the life of a loan has a tremendous compounding effect. This compounding effect will help you reduce the term of your loan by several years and save thousands of dollars in interest.