What is “The Debt Treadmill Trap?” :
248-674-6457 What is “The Debt Treadmill Trap?” “The Debt Treadmill Trap” is a financial trap created by banks and credit card companies designed to keep you in debt forever
They offer low teaser rates and low monthly payments so buying items you can’t afford with cash becomes possible
Because the payments are so low, the consumer ends up paying forever and often, 2 to 3 times what they originally purchased
How Does Home Ownership Relate to “The Debt Treadmill Trap?” :
248-674-6457 How Does Home Ownership Relate to “The Debt Treadmill Trap?” Your new mortgage is a new debt. It’s typically a loan for 30 years with a fixed payment consisting of principle and interest. Each year more and more of that payment goes towards principle reducing the balance owed
Owning a home brings new expenses including furniture, decorating, appliances, home repairs, lawn care tools, and maintenance.
Furnishing a home is expensive and typically gets financed. Think Art Van or Best Buy with their no payment/ zero interest for 2 years.
Example- You buy a new flat screen TV from Best Buy for $1,500 at a 16% interest rate. Your minimum payment is around $38. If you paid the minimum payment until it was paid off, it would take over 11 years and cost you over $2,800!
Credit Cards-They make “The Debt Treadmill Trap” Turn at Higher Speeds! :
248-674-6457 Credit Cards-They make “The Debt Treadmill Trap” Turn at Higher Speeds! It’s so easy to use a credit card- Swipe it, Sign it, your done until you get your bill next month!
Credit Cards put the focus on the low monthly payment, not how long it will take you to pay it off
This focus on low monthly payments gives consumers confidence in their spending power because, after all, you can afford another $50 per month
The problem is with that mentality, you will eventually nickel and dime yourself to death and end up living paycheck to paycheck with no end in sight
Debt Consolidation Loans and Refinances Usually Make the Problem Worse! :
248-674-6457 Debt Consolidation Loans and Refinances Usually Make the Problem Worse! Most Debt Consolidation loans, including refinances, put the focus on the monthly savings and interest rate.
The average consumer will save around $200 per month which makes them feel like it’s worth it.
This gives the consumer false confidence in their spending ability and they eventually spend that extra $200 and acquire more debt.
This causes the consumer to do another debt consolidation loan within a 3 to 5 year period and resets the term for repayment, keeping the consumer in debt for a longer period of time
“The Debt Treadmill Trap” causes history to repeat itself over and over and over
How The ‘From Rent to Equity” Program Will Keep You Out Of “The Debt Treadmill Trap” :
248-674-6457 How The ‘From Rent to Equity” Program Will Keep You Out Of “The Debt Treadmill Trap” We focus on a lot more than just the purchase of a home
We put together a comprehensive written plan to get rid of your debt, build an emergency fund, build your retirement account, protect your income, and make more money
Education is our primary focus.
Where Should I Start If I Want To Take Advantage Of This Opportunity and Get Involved With The From rent to Equity Program :
248-674-6457 Where Should I Start If I Want To Take Advantage Of This Opportunity and Get Involved With The From rent to Equity Program You can call my office at 248-674-6457 or toll free at 1-888-665-2630 and ask for Trevor Sines. If I’m not available make sure to leave your name and the best number to reach you at and I’ll call you back within 24 business hours.
You can visit www.FromRent2Equity.com and fill out the “Fast Action Form”
If you’re skeptical, you can call my 24 hour Free Recorded message and listen in on what others have to say about Trevor Sines and “The From Rent to Equity” Program by calling 1-888-669-6823, press 1…and then enter EXT 9000.