helps you reduce and eliminate debt. Debt Analyzer 97 uses three methods to help you rid yourself of debt, including the Debt Reduction Schedule, Loan Consolidation and Timed Debt Elimination.
The "Debt Reduction Schedule" analyzes minimum payments, current payments, interest rate and loan balance of up to 50 debts, and assigns a priority to each debt. 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 prioritize the payoff of your debts in any user specified order.
The "Loan Consolidation" method shows the potential savings by combining all your high rate debts to one lower rate loan.
The "Timed Debt Elimination" lets you take all your current debt information and project a possible solution for eliminating your debt within a given time period. You simply enter in the time you would like to have all your debts paid off, and a montly payment will be determined which will pay off the debt in the specified time period.
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