I**f you are only making minimum payments on your credit cards, it may take you years...that's right YEARS to finally pay off all of your cards! **

But, by making a few adjustments, you could be be **DEBT FREE** in a** much shorter period of time** and** SAVE thousands of dollars in interest and fees!**

Let's start with a hypothetical example of someone who...

- has accumulated $20,000 of unsecured credit card and medical debt
- has been making minimum payment for a long time
- Is NOT having much of reduction in the balances
- Wants to be DEBT FREE in their lifetime!!!!

Their credit debt looks something like this:

#### Card: Balance: APR % Min. Payment:

Visa $ 10,000 21% $200

MC $ 5,000 24% $125

Discover $ 2,500 19% $ 50

Medical $ 1,500 18% $ 75

Gas Card $ 1,000 22% $35

**This person (sound familiar) has $20,000 of debt with an average APR% of about 21%, and a total minimum monthly payment of $485.**

**How long do you think it will take for this guy to completely pay off all of this debt?**

Before you answer, let's do a little simple math:

Each credit card or creditor calculates the interest payment a little differently, but to keep things simple...

$20,000 x 21% (that's .21 if your doing the math with me) = $ 4,200 of annual interest ! ! !

Divide $ 4,200 by 12 (months in a year) and you get $350.

### READY TO BE SHOCKED!

**When this guy sends a total of $485 to his creditors, $350 is going to interest and only $135 is going to reduce the principal!**

So how long did you think it would take to pay off all of his debt?

- 5 years?
- 10 years?
- 15 years?

If he only pays the minimum payments (and this is exactly what the credit card industry wants), it could take 20 years or more! ** scary, BUT TRUE!**

### But, let's make a few *adjustments* to this picture?

Say this guy could find an **extra $75 per month** to add to his total payment.

*Before you say, "no way", let me throw something out to you:*

If you are really serious about becoming **DEBT FREE**, then you should be willing to make some **life style changes.**

For example:

If you are one of the millions of people who visit a StarBucks or other Drive-Thru Coffee shop each day, you are most likely spending at least $3.50 per day.

Multiply that by 5 days a work week x 4.2 weeks per month = $ 73.50 per month (can I round up to $75?)

**I'm not saying don't drink coffee, but really, $75/month!**

**Take that $75 and add it to the $485 you are paying now and you have a total of $560 to put towards your credit cards.**

**Take the card with the smallest balance, in this case, the gas card and add $75 to the current minimum payment of $35 and you get $110. Send in $110 each month until this card is paid off.**

**Keep making the same minimum payments on the rest of the cards.**

**Once the gas card is completely paid off, then take the $110 your were sending in on it and add it to the next card with the smallest balance, in this case the Medical Debt.**

**You are paying $75, but with the extra $110, now you are going to send in $185 each month until the Medical Debt is completely paid off.**

### This sounds kinda good, doesn't it?

**Once the Medical Debt is completely paid off, you take the $185 and add it to the next card, in this case, the Discover card. Now you are sending $185 plus the normal $50 for a total of $235 to Discover each month.**

**Get the idea? Your only sending an extra $75 more than you used to do, but you are paying off your credit debt so much quicker and in the long run, saving thousands of dollars in interest and fees!**

**You continue paying off the next debt, adding the total your were paying to the minimum payment you have been paying and so on, and so on.**

**Guess what? If you were this guy, you would be DEBT FREE in about 54 months, instead of many more years!**

### Just think how that would feel?

**Then what are you waiting for?**

**Request your FREE DEBTACCELERTOR SUMMARY today?**