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1997-01-21
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Debt Analyzer v3.0c (Win 3.1/95/NT) Reduce and Eliminate Consumer Debt and Save
WINDOWS JAN97 DEBT REDUCTION LOAN PAYOFF CONSOLIDATE CREDIT FINANCE MONEY
FILES: DEBTALL
Author: Insight Software Solutions, Inc. (Michael D. Jones)
REGISTRATION: $25.00
Category: Finance
E-Mail: info@wintools.com
Have you become a prisoner of your own debt? Regain your freedom with
the Debt Analyzer AND save money in the process! The techniques used
by banks and credit counselors can now be utilized in the comfort of
one's own home. The Debt Analyzer is a financial software program
designed with ease and flexibility. It is the perfect tool to help
reduce and eliminate debt and save you hundreds of dollars in the
process. Debt reduction is illustrated through a debt reduction
schedules, timed debt elimination or through loan consolidation. Up
to 50 debts can be processed at one time.
Major new features in version 3 include budget options, variable extra
payments, timed debt elimination schedules, single debt manipulation,
daily and calendar reports, a debt and budget overview report and additional
graphs. Some minor enhancements allow for font manipulation throughout
the program and reports, pattern and color selection for reports,
report zooming and more.
The debt elimination schedule works by analyzing all debt information
and assigning a priority to each debt. Debt information includes minimum
payments, current payments, interest rate, payment due date and loan
balance. Once a debt is paid off, the payment for that debt is applied
to the next highest priority debt--accelerating the payoff of the debt!
You may choose to have the difference between the current payment and
the minimum payment shuffled around and applied to the highest priority
debt. You may also choose to add an additional monthly amount to your
payment--increasing the acceleration even more! It is the payment
acceleration which results in significant interest savings.
Loan consolidation illustrates the savings that can be incurred by
combining all your high rate debts to one lower rate loan. The term or
the payment of the consolidated loan may be specified or the total of
all other debt payments can be used.
A variety of options are available to tailor the debt elimination,
loan consolidation and timed elimination schedules to specific needs.
Professional reports, schedules, graphs and summaries can be viewed
on screen or printed. Multiple scenarios can be saved and retrieved
for personal use, family members, friends or clients.