Are student loans a burden you're carrying? At Student Loan Eliminator, we focus on helping you eliminate the burden of student loans. We have proven strategies and expert advice designed for your specific financial situation to give you a clear pathway toward eliminating student loans.
If you had the opportunity to PAY OFF YOUR STUDENT LOAN EARLY save MONEY WITHOUT changing your current spending habits, WOULD YOU?
The Student Loan Eliminator®. helps you use “every available dollar, every day to pay down student loan debt.” Click here to find an advisor who has access to the Student Loan Eliminator® software so he/she can run your numbers.Having a monthly balance in a checking account is NOT a good idea
It is always best to use all available dollars ALL THE TIME to pay down debt.
The maroon bars show paying off a $175,000 student loan in 20-years.
The green bars show paying off the loan using the Student Loan Eliminator® 9.75 years early saving the borrower $75,000 in student loan debt.
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.
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.
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.
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.
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