Go to Jeff Salisbury LWGate Home Page.From: JBednarzyk@aol.com
Subject: "magic" debt reduction
Date: Tue, 6 Apr 1999 21:24:25 EDT
Next Article (by Subject): Re: annual contribution to rollover Roth IRA Rich Carreiro
Articles sorted by: [Date]
[Author]
[Subject]
I was browsing come sites on the web about personal finance and came across one that was selling a book/program/plan (how soon I forget....) aimed at eliminating one's debts in an unbelievably short time. I think it was www.wealthtodebt.com. The page featured a matrix that would tell you how long it would be until you were debt-free by taking your total debt vs. your minimum pmts +10% of your income. Mine came out to 9 yrs - I'm less than 1 yr into a 30 yr mortgage, have no credit card bills, and will have my car loan and student loan paid off early this year. It didn't take interest rates into account at all. Of course, I'm sure the reply would have been (had I bothered to submit a question to the author) that it was just an approximation. Anyone have any clues as to how this could be or if it's possible? I'm comfortable with my situation, and am not willing to pay the $40, but am just a bit curious. I'm sure it's some scam, but can't come up with anything off the top of my head. Thanks! Juli Bednarzyk - -
Next Article (by Subject): Re: annual contribution to rollover Roth IRA Rich Carreiro
Articles sorted by: [Date]
[Author]
[Subject]