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Schredit Card

Schredit Card is a unique and innovative credit card debt reduction concept designed  to reduce your credit card debt FAST!

By arranging your income to be paid directly into your credit card could save you up to 20% in interest until you need your funds.

Schredit card will change the way we use and repay credit cards worldwide!

Australia's credit card now exceeds  $44 billion with only 1 in 4 people paying off their credit card debt each month.

HOW TO PAY OFF A $5,000 CREDIT CARD DEBT IN 90 DAYS..EVEN WHILE YOU ARE STILL USING IT!

Below is a simplistic example of how transferring your income direct into your credit card could work for you. We are assuming you have a total gross income of $45,000 pa which would equate to approx $2870 net per month, allowing for fortnightly pay structure of $1435. In this example we have even allowed for the consumer to continue to use their credit card for living expenses of $1,000 per month, which could be groceries etc.  For more detailed info go to www.schreditcard.com

SCHREDIT CARD EXAMPLE

Month 1
CREDIT CARD BALANCE $5,000 DEBIT
FORTNIGHTLY PAY $1,435
NEW BALANCE $3,565
LIVING EXPENSES $1,000
NEW BALANCE $4565
FORTNIGHTLY PAY $1435
NEW BALANCE $3130 DEBIT

Month 2
Credit card balance
carried forward
$3130 plus interest $50
CREDIT CARD BALANCE $3180
FORTNIGHTLY PAY $1435
NEW BALANCE  $1745
LIVING EXPENSE $1000
NEW BALANCE $2745
FORTNIGHTLY PAY $1435
NEW BALANCE $1310 DEBIT

Month 3
Credit card balance
carried forward
$1310 plus interest $20  
CREDIT CARD BALANCE $1330  
FORTNIGHTLY PAY $1435  
NEW BALANCE $105 Credit  
LIVING EXPENSES $1000  
NEW BALANCE $895  Debit  
FORTNIGHTLY PAY $1435  
NEW BALANCE $540 CREDIT

There are many variations of using the schredit card . It will depend on such factors as how often you continue to use your card during the schredit card process , how much income is available to use and how often you make repayments. See Schredit card calculator to assist your individual budget.

The schredit card once in the positive could attract interest by transferring YOUR CASH into a savings account or channel into your mortgage and setting up a SCHREDIT MORTGAGE  and save THOUSANDS $ & YEARS OFF YOUR MORTGAGE.

 
Call us to find out how we can help you on 1300 603 033 or click here