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Accelerated Debt Reduction Plans Advantages, disadvantages; do-it-yourself, and structured plans.

Accelerated Debt Reduction Plans. Sound debt reduction or debt elimination plans involve one or more of the following three components:1.Extra principal payments.Making larger-than-required payments; and/orBi-weekly payment arrangements2.Paying the highest rate debt first.3.Reduction of inte

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Accelerated Debt Reduction Plans Advantages, disadvantages; do-it-yourself, and structured plans.

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    1. Accelerated Debt Reduction Plans Advantages, disadvantages; do-it-yourself, and structured plans. To continue the slide show, mouse click or press Page Down. To back up, press the Page Up key on your keyboard. To end the slide show, click on the Back ? command.

    2. Accelerated Debt Reduction Plans Sound debt reduction or debt elimination plans involve one or more of the following three components: 1. Extra principal payments. Making larger-than-required payments; and/or Bi-weekly payment arrangements 2. Paying the highest rate debt first. 3. Reduction of interest rates. (Each of these points will be discussed in detail in the following slides).

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