Do you know about this free biweekly service?

steelglass · Joined: 21 Oct 2008 Posts: 3 2.21 Dollars($)

Did you know that there is now an absolutely free biweekly conversion available for your existing loan? It's true! I and several friends have enrolled into the Equity Express Program which (in my case) saves me over $60,000 and cuts 7 years off of my loan. All financial analysts are saying that it's important for us to retire our long term debt as quickly as possible, and this does just that and it's free. Equity Express is at 888-438-5536

jameshogg · Posted: Tue Oct 21, 2008 10:14 pm Post subject:

Hi steelglass!

I have also heard about the free biweekly conversion offered by Equity Express. But I do not have much idea about it. You have said that the bi-weekly conversion has saved you over $60,000 and cuts 7 years off of your loan which I think is great. But can you tell me something about the calculations that are done in the biweekly conversion? It will help me to understand the whole thing in a better way.

Thanks.

steelglass · Joined: 21 Oct 2008 Posts: 3 2.21 Dollars($)

Hey jameshogg: I had them run an analysis on my particular loan based upon: Loan Start Date, Original Loan Amount, Interest Rate, Term, and Total Monthly Payment. They then calculated the exact savings in interest expense, term reduction, and an equivalent effective rate of interest based upon the true cost of the loan.

smithsussane · Posted: Thu Oct 23, 2008 12:22 am Post subject:

Hi steelglass!

I just went through your post on Equity Express Biweekly Program. I think its great. However, can you show me some calculations? That will help me to understand the program in a better way.

Thanks,

Sussane

steelglass · Joined: 21 Oct 2008 Posts: 3 2.21 Dollars($)

Hi Sussane: You can run your own analysis at "www.equityexpress.net/Analysis.aspx"

[Link deactivated as per forum rules. Thanks.]

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