No. that is not what we do. Most Debt Reduction services affect your credit in a negative way. If you are “successful” in a debt proposal your Credit rating is affected negatively for three years after you make the last payment. You Are left with an R7 rating.
No, it is about low interest paid. Most people who have a “low rate” mortgage do not realize that they are paying 67%- 75% of their monthly payments to interest. Our Program focuses on least amount of interest paid. This enables you to get out of debt efficiently and focus your funds on building personal wealth.
There are really two types of optimizations in our program. One that is an optimization of time and the other that optimizes your time and provides an increase in current cash flow. The SWIFT solution is a planned optimization of time. It will help you eliminate your debts in the quickest way possible with no allowance for cash flow by using a series of math algorithms to obtain the best payoff priority method. The DREAM solution is a planned optimization strategy that saves you time and provides cash flow immediately. You must fully qualify for this program.
The bank’s main activity is to make loans, and to sell loans. As long as you are a consumer without a plan the bank will not give you a plan, they just give loans. By having a clear, objective plan, you can get out of debt sooner and build wealth. Remember, it’s your money, your time and your future.
While there is no guarantee that rates won’t rise, the PersonalBanker program enables you to focus on the important aspect of the debt – The Principal – If rates rise and your debts are smaller, then you will only pay interest on what you owe and no more. This enables you to have control of your cash flow.
When you really think about it, Debts are Debts no matter if they are long term or short term debts ( The Short term debt really kills your cash flow). We include all of your debts in the analysis so you can see the overall effect of what being in debt really cost you and then provide you with the most effective plan to eliminate it.
You will review your SWIFT program with a PersonalBanker representative to get set up. If you have accepted a DREAM program then you will move on to our funding and legal team to accept your new payment schedule and sign off for completion. You have positioned yourself on the road to Debt Freedom and Wealth Building.
Our Consultants have been providing expert cashflow management and debt elimination services to individuals throughout the country since 1998.