Comments on: Sick of Credit Card Debt? Pay it Off in 1/4th The Time. (No Crazy Schemes, Just Math.) http://www.americanconsumernews.com/2008/06/sick-of-credit-card-debt-pay-it-off-in-14th-the-time-no-crazy-schemes-just-math.html News for Consumers in Changing Times Sun, 12 Feb 2012 04:49:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: tracy faust http://www.americanconsumernews.com/2008/06/sick-of-credit-card-debt-pay-it-off-in-14th-the-time-no-crazy-schemes-just-math.html/comment-page-1#comment-52127 tracy faust Mon, 04 Apr 2011 11:34:00 +0000 http://www.americanconsumernews.com/2007/11/sick-of-credit-card-debt-pay-it-off-in-14th-the-time-no-crazy-schemes-just-math.html#comment-52127 Wow, i never thought of it..great research i must say..thanks for sharing it here..i am definitely gonna use it.. <a href="http://www.onlinecheck.com/business_cash_advance.html" rel="nofollow"> merchant cash advance </a> Wow, i never thought of it..great research i must say..thanks for sharing it here..i am definitely gonna use it..
merchant cash advance

]]> By: Samnesby http://www.americanconsumernews.com/2008/06/sick-of-credit-card-debt-pay-it-off-in-14th-the-time-no-crazy-schemes-just-math.html/comment-page-1#comment-17323 Samnesby Sat, 06 Nov 2010 06:37:00 +0000 http://www.americanconsumernews.com/2007/11/sick-of-credit-card-debt-pay-it-off-in-14th-the-time-no-crazy-schemes-just-math.html#comment-17323 If you are making biweekly payments, would'nt this be one extra monthly payment per year? If you are making biweekly payments, would’nt this be one extra monthly payment per year?

]]> By: ct http://www.americanconsumernews.com/2008/06/sick-of-credit-card-debt-pay-it-off-in-14th-the-time-no-crazy-schemes-just-math.html/comment-page-1#comment-1290 ct Mon, 26 Nov 2007 19:34:42 +0000 http://www.americanconsumernews.com/2007/11/sick-of-credit-card-debt-pay-it-off-in-14th-the-time-no-crazy-schemes-just-math.html#comment-1290 Great article. This method is also offered as an option on a mortgage (mortgage acceleration). Essentially, you're making 1 extra payment per year. You will pay off the loan faster, but the mortgage lender will probably also charge you some extra fees for this "amazing" option. You could do the same by paying 1/12 extra of your mortgage payment each month and accomplish the same thing (but without any extra fees). Great article.

This method is also offered as an option on a mortgage (mortgage acceleration). Essentially, you’re making 1 extra payment per year. You will pay off the loan faster, but the mortgage lender will probably also charge you some extra fees for this “amazing” option. You could do the same by paying 1/12 extra of your mortgage payment each month and accomplish the same thing (but without any extra fees).

]]>