PRIORA® DEBT MANAGEMENT SUMMARY
PRIORA® DEBT MANAGEMENT SUMMARY FEATURES EXTENDED:
Debt is the heaviest burden on the cash flow of any company or family. Understanding your options to manage the debts of your business or family is critical to achieving success in your business and sleeping better at night.
Learn the difference between an interest rate calculated using a 360 day or a 365 day year. Using the 365 day year will always lower your monthly payments, even if the interest rates you are considering are the same rates!! Does your lender use the 365 day year?
- Calculate the most affordable payment schedules to suit your budget.Consolidate all your loans into one loan without changing your interest rate.
- You choose which of your loans can be combined to create the best single loan.
- Examine the amortizations of loans to determine just how much interest you are paying.
- See the impact of making ‘extra’ payments when you want to make them.
Review your current loan structure and develop the best loan options for your budget before going to see your banker. Prepare to speak intelligently with your banker about the best loan structure for your business.
Negotiate with your banker from a position of knowledge and understanding. Learn what difference a 1% reduction in your interest rate can make over the life of your loan.
Compare the effect of making ‘extra payments’ on a loan, by determining how much ‘extra’ you can pay on your loan.
Order your customized copy of Priora® Debt Management Summary today.