New Website Offers Debt Solution Showing Americans How to Get Out of Debt on Their Own Without Debt Consolidation

July 13, 2004 -- According to the Bureau of Economic Analysis, consumer debt last year was almost $2,000,000,000,000.00! (Two Trillion Dollars!) That debt, which includes credit cards and car loans, but not home mortgages, translates to some $18,700 per US household.

A visitor coming to the http://www.DebtReport.com website would list each creditor, the amount of each separate debt, the interest rate and their current payment to receive a Free Personal and Confidential Debt analysis. This analysis would give them a clear understanding of how long it would take to pay off each debt, the amount of interest they would pay on each debt, how much they would be paying on all their debts including interest and how long it will take to pay off all their debts.

In addition to the debt analysis a visitor would have the opportunity to click on the Personal Debt Reduction Strategy option and learn how they could save thousands of dollars in interest payments and pay off their debts years sooner without increasing their monthly payments. The exact amount of their interest savings and the reduced number of years to repay their debts would appear on screen at that time.

More than 25,000 people have paid substantial fees to Financial Service Professionals with the software based on this simple but powerful mathematical formula. While working for a local company Frank Raimondi has personally helped clients save $2,385,000 in interest. He used this same formula developed years earlier to develop his Interactive Financial Calculator and website to bring this most valuable information to every American with access to the Internet.

A Free Personal Debt Analysis is available on the internet at http://www.debtreport.com and the Personal Debt Reduction Strategy option is $19.95 payable by either a Visa or MasterCard. The DebtReport.com website is a secure site and offers complete privacy.

Media Contact: Frank Raimondi:
Telephone: (323) 776 2536 for more information
frankraimondi@hotmail.com





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