If you are unable to pay off your debts each month and your total debt exceeds $5000.

Interest rates and how they are calculated vary widely.

  • Interest on a mortgage is calculated twice a year
  • A Line of Credit loan is calculated monthly and usually carries a higher interest rate
  • Credit cards are calculated daily so your compounded debt accelerates at a frightening rate
  • Mortgage loans are larger in comparison, and therefore take longer to amortize or pay off. But you generally will pay less interest on every $100 borrowed.

With discipline and a plan, you can eliminate your debt up to $5000 any more than that, and most people have difficulty managing their monthly financial load.

Contact us, and we’ll help you work out a plan with your existing mortgage and become debt free. And remember, banks don’t help you with your liabilities. Excuse the pun,…. it’s not in their INTEREST.