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Get Out Of Debt Software

The software has you list all your monthly living expenses and every debt that you must pay every month to meet your monthly bills. It will calculate the amounts of the debts and the interest rates. It recommends that you pay off the smallest and highest interest debt first then the next smallest up to the largest. Any extra income such as tax returns, bonuses, inheritances, sale of properties etc. will be applied to the debt as well. This is called the snowball effect. The software has a rapid payoff calculator and spreadsheet.