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Debt Free Plan
With a debt free plan; get out of debt and into some peace of mind
If your debt free plan means that more and more of your take-home pay is going toward debt payments, you aren’t alone. The percentage of disposable income used to make debt payments is now near an all-time high. As a general rule, no more than 20 percent of your disposable income should go toward debt payments (not including your mortgage).
If this sounds all too familiar, you may need a debt free plan.
Headed for trouble? Get a debt free plan with MMI
Other clues that you need a debt free plan include borrowing from one credit card to pay another and maintaining balances at or near your limits. Late payments is also a sure sign that you are in over your head, and in need of a good debt free plan. Unfortunately, once late payments are made, a vicious cycle begins. A poor credit history, late fees and higher interest rates are just some of the penalties that can compound any debt problem.
Contact MMI today, and let us send you down the path to freedom with a debt free plan talor made for your special needs. |
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