I Want To Be Debt Free In 5 Years
Posted on
November 22, 2009
at
10:29 pm
being debt free in 5 years - is that even possible? i have mortgage to pay off, credit card bills that need to be paid, and other loans that have such high interest rates. what can i do to get everything paid in five years' time?
Posted on
November 22, 2009
at
11:46 pm
With regard to your credit card and other unsecured accounts, you can be debt free in 5 years if you consolidate them all together in a credit counseling debt management plan, or DMP. You'll only be enrolled to this program upon the discretion of your credit counselor.
Posted on
November 23, 2009
at
1:34 am
Being debt free in 5 years thru a debt management program also helps you pay for lesser interest rate and minimal fees. Also, any payment that you make towards your credit counseling company will be evenly distributed to all your creditors.
Posted on
November 23, 2009
at
1:51 am
Are those claims from authors like Greg Moore, John Commuta, etc who say that people can be debt free in 5 years any true?
Posted on
November 23, 2009
at
2:48 am
Are those claims from authors like Greg Moore, John Commuta, etc who say that people can be debt free in 5 years any true?Greg Moore's Debt into Wealth has a lot of good feedback from different consumers and I have yet to hear from someone who actually has availed of this particular program. He claims that even a 20+ year mortgage can be payable in as little as 5-7 years. His program includes all debts also, and he highly discourages using credit as you're in the process of paying everything off.John Commuta, as far as I know, is a scam.
Posted on
November 23, 2009
at
3:19 am
Are those claims from authors like Greg Moore, John Commuta, etc who say that people can be debt free in 5 years any true?John Commuta's approach is not worth the $120+ you use to obtain his program. Most of the consumers who have subscribed to his services claim that the same information can be found on the Internet for free.
Posted on
November 24, 2009
at
2:49 am
Are those claims from authors like Greg Moore, John Commuta, etc who say that people can be debt free in 5 years any true?Greg Moore's approach does not utilize debt consolidation, and I believe he also does not suggest that consumers utilize the services of these companies.
Posted on
November 24, 2009
at
3:01 am
Can't you also be debt free in 5 years if you get a home equity loan to pay everything off?
Posted on
November 24, 2009
at
3:01 am
i personally feel apart from his challenge it basically depends yur commitment to pay off the debt. if you have decided to pay it off i believe you can do every possible thing to pay it off.
Posted on
November 24, 2009
at
3:20 am
Godzee makes a good point. A debt relief coach once told me that getting out of debt is like losing weight--you have to do it a little at a time, and work hard to achieve your goal. Keeping focused on this will enable you to do much more, and as you see the changes in your life by staying on track, you'll be pressed to do more until you hit your target.
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