
Prepare for debt elimination by assessing all debts, disputing invalid accounts, negotiating payments, and building a comprehensive debt inventory from credit reports.
Explore practical strategies for total debt elimination and getting out of debt completely in this explanation video.
Create a debt and bills inventory table, rank debts by interest, pay minimums on all but the top debt, and apply extra payments toward principal until all debts are eliminated.
Analyze the debt elimination pie chart: mortgage is the largest liability at 43.5%, followed by car loan and food at 14.5%, with credit card debt eliminable.
Use a debt elimination flowchart to pay off credit card debt in 12 months with $200 extra monthly, then the car loan and mortgage, in about seven years.
Explore a debt elimination graph that prioritizes high-interest debt, showing credit card debt paid in 12 months, car loan in 18 months, with mortgage paid by 76 months.
Take action to list and pay off your debts, pay off your house in five years, and establish great credit to build wealth with leverage and high FICO.
Total Debt Elimination: How to get out of Debt is a course designed for people, who find themselves in a financial trap of debt. If you felt you had no where to turn, worry no more! I’ll show you how to eliminate all your debt so you can transform your life and enjoy financial freedom. No matter the type or amount of debt, this course will equip you with the tools you need to totally eliminate your debt.
Our students will learn methods to get completely out of debt quickly. You will be very happy to know the skill in determining valid and disputable debts. Rest assure, an easy game plan will be formulated to help you eliminate debt, so you can save thousands in interest payments. All our students will master the art of negotiating lower payments on their debts. Constructing a Debt/Bills inventory table will be second nature to you by the end of the course. All you need is a pen and paper to take good notes and a calculator to make some calculations. Welcome to the beginning of the transformation of your life!
You Need This Course If You Want:
To be totally debt free
To acquire skills in financial education
To keep more of your own money
To be financially astute
To enjoy economic freedom
To analyze credit report
To create a plan for your finances
To improve credit by eliminating debt
To free yourself from your lenders and creditors
To maintain a good standing with product/service providers