How does John Cummuta debt reduction system works?
There alleged http://www.nightingale.com/LandingPages/tpromo_tdiwl7.aspx can complete forms that allow you to apply more to the capital (less interest) without exceeding its normal monthly payment. I called my mortgage company, but that said there is no such forms and that principal and interest amortized over 30 years of the loan … This program could not be altered amoritization … That could only reduce its capital by paying more than your monthly payment (stating that the extra should be applied to principal). If so, how system could work that could be? They (John Cummuta) said I could pay my loan in 30 years (27 left) in seven years.
If this man wants money for its system of debt relief, just say NO! It is undoubtedly a scam. He could be referring to the infamous fortnightly payment system. Usually you have to pay $ 300 or $ 400 for set this program up. Do not waste money. The trick is bi-weekly payments 13 months to create a payment each year. You can pay the mortgage early by adding funds to the principal only. Even $ 10 a month will help pay the principal faster.
debt reduction calculator
