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Financial Planning Tool
Money Management International offers a financial planning tool that allows you to calculate your loan payments effectively. To avoid a serious financial situation make sure you pay all of your payments on time and do not get behind. Sometimes high interest rates can make debt repayment harder and sometimes seem impossible. To calculate what it will take to pay off your balance, use our financial planning tool.
When using our financial planning tool, keep in mind that it is now common for creditors to raise your interest rate, or even close your account, based on your overall credit situation. Therefore, if you pay any one creditor late or are considered a risk for any reason—such as taking on additional credit—you should expect to be punished . A recent survey by the Institute of Consumer Financial Education found that 39 percent of credit card issuers said they apply this policy to customers, even if they had no late payments on their own card.
So stay ahead of the creditors and use our online financial planning tool today.
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