9 Year Mortgage with 4 Ways to Help Deflate Your Debt

9 Year Mortgage believes that Americans are infamous for their ability to spend more than they earn. However now, as the economy continues to cripple, this notoriety has reached epic proportions. With those of you who have lots of debt yet not sure how to pay it off, read on and 9 Year Mortgage will give you some ideas.

9 Year Mortgage on Your Debt

9 Year Mortgage says the first steps toward a debt-free life are some of the easiest. You should cut down on discretionary expenses like dinning out or shopping. Then create a budget and stick to it! Another thing that you could do that is helpful is ask lenders if they can offer better terms on rates or minimum payments.

But here are four more ways to help you reduce commonly-held debt.

1. Mortgage

9 Year Mortgage says that if your mortgage payment is getting hard to afford, contact your lender to see if you can get a better rate or lower your monthly payments. If you are in real dire straits, see if your lender is participating in Hope for Homeowners, this is a government-run program that encourages lenders to refinance mortgages of borrowers who are at risk of losing your home.

2. Credit-Card Debt

9 Year Mortgage knows that credit card rates can run as high as 33% for cardholders who are late with a payment or those that have a low credit score. To bring down this debt, pay more than the monthly minimum requirement and focus on paying off high-interest-rate cards first, then go to the next one from there.

3. Private Student Loans

9 Year Mortgage says that just like credit-card debt, it is best to tackle higher-interest loans first. Both carry variable interest rates that can rise and fall each month. 9 Year Mortgage believes that one solution is to consolidate all your private loans. But, since consolidation loans currently carry variable interest rates it would only make sense to do so if you have a good credit score. Otherwise, you may get hit with an even higher rate.

4. Medical Debt

9 Year Mortgage thinks that if you are drowning in medical debt, make sure your insurer is paying its share of expenses. Often times, the doctor will use a certain code for the services rendered that the insurance company can not identify. So instead of fixing this problem the insurance company just does not pay. Next, you could speak with your medical provider. To make sure that they get paid, medical providers are often open to working out payment plans. 9 Year Mortgage suggests figuring out how much you can afford to pay each month before you talk with your provider.

Concluding it With 9 Year Mortgage

So if you are feeling overwhelmed with debt consider doing these four steps, they are easy to do and don’t take much time. Also consider making a budget so that you can stay on track with your debt and don’t spend more than you can afford. Think about what is a necessity and what is a want and then eliminate those wants.

Will the 9 Year Mortgage Plan Work for Me?

To learn more about 9 Year Mortgage, and to find out if you qualify for the 9 Year Mortgage program.  Find out how soon you could be completely debt free, including your mortgage, with the 9 Year Mortgage Financial Plan.Find out what thousands of satisfied clients already know about taking control of their finances, and using the power of reverse compounding interest to beat the banks at their own game!

9 Year Mortgage Representatives are standing by to answer all of your questions about our program, including how much money you will save in interest! For more great money saving ideas visit 9 Year Mortgage on Youtube or go directly to the 9 Year Mortgage Money Saving Minute.  9 Year Mortgage recently launched their Eliminating Debt with 9 Year Mortgage site , which is also full of valuable, free information.