Add Creditor Signature with airSlate SignNow

Add creditor signature

welcome to power pay in this tutorial you will get a quick introduction into works users will begin by either logging in to their power pay account or by creating a new one this service is free so the process of creating an account is simple once you've signed in you will see the power pay home tab this page houses several introduction videos and quick ideas about what power pay provides to get started click on the my profile link this is the profiles page here you can create profiles for your family members clients or simply a new scenario for yourself the various profiles are stored here with exes near them for easy deletion when they are no longer needed when you first begin all you need to do is click on your default profile that was automatically generated with your account this is the creditor information page there are a couple of things to notice about this page first the side guide this is a great resource on nearly every page of the website that explains key concepts financial vocabulary and provides answers to frequently asked questions another item you will notice on this page is the creditor information table this is where you will enter your creditor name debt balance the monthly payment and the interest rate let us show you how the the end has been using power pay to create her own plan to get out of debt her first creditor is a credit card she's named store card she owes 475 dollars on this card and she pays $10 a month toward it and the interest is fourteen point nine nine percent after entering each creditor click Save creditor information this will save the information to your account you can always edit the information or delete the creditor if you need to it also provides a timeline for how long it will take to pay off the debt in its current schedule after saving your creditor information you'll notice the space has been created to add another creditor many people are in Vivian's situation with multiple credit cards of bank loans and perhaps a family loan be sure to add all of your information carefully and correctly once all of your creditor information has been saved go to power pay then payment calendar to see how much you can help yourself save on time and interest the payment calendar first shows Vivian her debt payment options comparison chart this shows the sequence of debt payoffs highest interest first shortest term first etc how long it will take to be debt-free the total amount paid toward the debt total interest paid and the amount of savings if you were to make car payments during that time the payoff chart shows the savings and time to repay for each individual debt vivian notices that she can save the most money using the highest interest first sequence vivian also notes that even though she would save less the lowest balance first enables her to pay off or debts in less than two years and five months while the highest interest first eliminates only two during that time vivian will want to decide what is best for her saving the most money or having an emotional boost from a quicker payoff of some debts the detailed calendar perfectly illustrates the concept of self-directed power payments you can see that as vivian makes all of her monthly payments she spends four hundred and seventy six dollars and sixty cents a month when her family loan is paid off in november of 2020 that $100 a month does not disappear but is put toward the national card from then on you'll see it happen again when the credit union debt is paid off that $50 is directed to the national cart which starts paying 289 dollars a month instead of 239 if Vivian prefers to pay off more debt sooner she can select any of the other options and compare the detailed calendars to best fit her needs this is where the personal dedication comes in no matter how many predators she repays Vivian will pay the four hundred and seventy six dollars and sixty cents every month until all of her debts are paid off without adding any more debt to her total during the process this is what makes it possible for Vivian to be debt-free in four years and three months rather than 15 years power pay is pleased to provide this debt elimination tool without cost to consumers worldwide congratulations on taking the first step to gaining control of your financial future today