IYD FAQs

Who are you?

We created the ADE® coaching program to gives folks the support and tools they need to combat the creditors, and it is a real war; consumers are in a war to keep some money for themselves and most Americans are losing battle, after battle. We need all the ammunition we can get to fight these battles and the ADE® Program is the one, and only thing, that works for everyone and insures that they will win, not just a few battles, but the entire war. Our BBB Report shows that we have never had a complaint. We do not believe in customer satisfaction; it’s “customer delight” and nothing less. More than 95% of the people who started the ADE® Program have completed, or are in the process of completing, their debt elimination plan. The ones that are still on the program are watching their debt just melt away. It's a great feeling to look at your ADE® Progress Report and see the gains you are making. It gives one a sense of real control, satisfaction and self worth.  

What is the Automatic Debt E-Racer (ADE)® Program?

The ADE® Program prioritizes your existing debt then, using our Critical Path, Linear Math System, pays off your debts with the income you already earn; it dramatically reduces interest charges
and helps improve your credit (FICO) score.

It starts with analyzing spending habits, focusing on reducing interest rates and monthly payments and then follows a very precise mathematical process to rapidly eliminate debt; using significantly less of your money and usually eliminating the debt
in one third the time.

It works best for people with good credit, but when other tactics, such as refinancing, debt settlement/negotiations and/or other bankruptcy avoidance programs like Consumer Credit Counseling are incorporated into the ADE® Program it can also help credit, or cash flow challenged individuals.

With the ADE® Program, your debts are managed for you in such a way that you will never need to write another check, stuff another envelope, find a stamp at the last moment and rush to the post office in order to pay a late bill.

Picture the following. The Automatic Debt E-Racer® Program is a very tall, sturdy three legged stool that will help you achieve True Financial Freedom. On top of the stool is your debt; and without each of the three legs being sturdy and strong, your debts will come tumbling down on you. If any one leg is missing or weak, there is a very high probability that you will eventually have a financial disaster. However with the ADE® approach the legs can be made very strong and flexible and you can avoid this potential disaster and get on the road to True Financial Freedom.
The Envelope/Spend Smart Educational and Software System is leg one of your stool. It is strong and flexible and will allow you to manage your everyday spending to your advantage and not the creditors.

Leg two is the Monthly Payment and Interest Rate Reduction process with the Investor Lending Institute. It too is very strong, flexible and ready to dramatically cut your high credit card interest rates in half.

The third leg is the strongest, most flexible; and is slightly longer than the other two legs. It is the Linear Math, Critical Path Methodology that will totally and completely wipe out all your debts in record time. It is powered by our proprietary, ADE® Software. This sophisticated software uses complex algorithms to prioritize your debt in an order that rapidly erases all your debts in record time while optimizing your cash flow and not the creditors’. This powerful third leg is slightly longer than the other two legs, so it can gently, but firmly allow your consumer debts, car loans, student loans and even your 30 year mortgage to just slide off the top of the stool and into oblivion.

The Automatic Debt E-Racer® Program has all three legs working together to eliminate your debts. If you are missing any one leg, the stool will topple over and your debt will eventually
crush you.  


Can the ADE® Program eliminate mortgages too?

The ADE® Program uses a simple, but powerful, Linear Math, Critical Path process that quickly melts away all your debts. All your consumer debts, credit cards, car payments, student loans, and etc., are paid off in as little as 1 to 3 years; and then your 30 YEAR MORTGAGE is paid off in another 4 to 5 years? You truly save tens of thousands of dollars in interest costs that you are now contractually obligated to pay to your creditors. With the ADE® Program, your average Effective Interest Rate is cut in half, some as low as 2.5%. All this is done with your current income! No second job or living like a hermit in the Himalayas. Just True
Financial Freedom and Peace of Mind.
 

Is the ADE® Program like Consumer Credit Counseling, Debt Consolidations, Negotiation or Settlement?

Consumer Credit Counseling, Debt Consolidation, Negotiation and Settlement programs focus only on unsecured debt. The ADE® Program eliminates any and all debts. However, a person needs to be “right side up” in order to use the ADE® Program. Other words, they need to have more money coming in, than going out. For people that are experiencing a financial hardship they need to reduce their monthly payments in order to survive.

When your interest rate or debt amount is lowered as a result of one of these hardship programs, your monthly payments are also lowered. Now the ADE® Program can be used to pay off all your remaining creditors.

The ADE® Program can even be used with folks who have filed bankruptcy; Chapter 7 or 13. Most people have some debt left over after bankruptcy. And the ADE® Program is an ideal way to get rid of any remaining debt.
 


Do I have to stop using my credit cards?

Nor do we think it is good. It just is! We do not expect people to pay cash for their first house or deprive their children of a college education because they may need a student loan. Don’t frivolously get into debt, but use debt when appropriate and use the ADE® Program to pay it off rapidly.

How can you rent a car, or reserve a hotel room without a credit card? Use credit cards prudently and they are great tools. If you have 18 credit cards you may want to get rid of 15 or 16 of them. Two or three is probably enough. Don’t close them out that will have a negative impact on your credit score. Don’t cut them up; you may need one for an emergency. Here is what we recommend. Put them into a glass of water; put the glass in the back of your freezer. Now you know they are there in case you need one; and you will be able to sleep well at night. But, you will need to have a melt down in your life, before you can use them.

Use them foolishly and they lead to ruin. The ADE® Program will show you how to use credit cards to spend smartly. 


Who determines the amount of Spend Smart® Factor, the extra money invested in your debt?

We teach you how to spend smarter, improve your credit score, and reduce your interest rates and monthly payments in order to help you find extra money to invest in your debt. How ever, you make the final decision. We normally start out at $25 and build from there. 

What if I cannot afford the ADE® Program?

For more information go to the question below: How do the Creditors to pay for the ADE® Program? 

Will the ADE® Program help me get a loan?

Because your debt to income ratio, your high credit card balances will be lowered and your bills are always being paid on time your credit score will be improving and your ability to get a good low interest loan of any kind will be improved; car loans, business loan, etc.

The ADE® Program also works well with HELOC, regular second mortgages, 401K loan or any other techniques to convert high interest rate debt to lower interest rates.

How do you reduce my interest rates?

If you have high credit card interest rates and a good credit score, together we call each credit card company and ask for, and usually get, a lower interest rate and lower monthly payments.

Also, the mathematical nature of the ADE® Program usually cuts the cost of interest almost in half and that effectively reduces the overall interest rate by almost 50%.

So the result of both efforts is about a 50% reduction in the effective interest rate that one is experiencing due to the ADE® Program. Your monthly payments are also reduced.

Also your FICO Score is improved because your debt to income ratio is better.

If I do not have a good credit score, how do you reduce my interest rates?

If you have high credit card interest rates and a poor credit score, together we call each credit card company and ask a Hardship Program, and usually get it, along with a lower interest rate and lower monthly payments.

Also, the mathematical nature of the ADE® Program usually cuts the cost of interest almost in half and that effectively reduces the overall interest rate by almost 50%.

So the result of both efforts is about a 50% reduction in the effective interest rate that one is experiencing due to the ADE® Program. Your monthly payments are also reduced dramatically. 

How do the Creditors pay for the ADE® Program?

However, as your debt is paid down the ADE® Program is diverting monthly money that used to go to the creditors into the ADE® Program. Monies that used to go to the creditors to pay interest every month is now available to be used to fund your ADE® Program. No additional cost to you, but it is costing your creditors.

Our goal is to build net worth by insuring that debt is eliminated. The following is a typical story from one of our ADE® Students that exemplifies the comprehensiveness of the ADE® Program and clearly illustrates how the creditors pay for the ADE® Program.

Mary’s coach has already worked with her to reduce her interest rates on four credit cards to 3.9%. And the mathematics of the ADE® Program will further reduce her overall effective interest rates to less than 3%, including the mortgages. I don't know of any 3% mortgages that are available today. Can they get any lower than that? Can it get any better?

And the answer is, yes.

Even after reducing her interest rates she is still paying $36.78 per day in interest costs. That is atrocious, but that is what the creditors are doing to us. The moment she starts the ADE® Program this will start to decrease; all the way to zero. However, when it drops just two dollars the creditors will be fully paying the a monthly cost of the ADE® Program; and they will not even realize it! The creditors truly pay for the ADE® Program. As debts are paid down, the $36.78 continues to drop and she gets to
keep it all.

Mary is right when she states that in our seminars we teach people to pay off their debt from smallest to largest balance in our classes. We do that for simplistic and psychological reasons. However, when we are managing the process and run her numbers through the proprietary ADE® Software we get a completely different priority. The software shows there are 720 (6 factorial) different ways we can pay off her 6 remaining debts. The smallest balance or highest interest rate being just two of the 720, and not the most effective way for her. I’ll explain below.

If she does it herself and follows the smallest balance plan, she will pay $95,543 in interest costs over a 6 years and 8 month period. A lot better than the plan the bankers have for her; $353,981 in interest cost alone, over the next 33 years and 4 months. If she follows the ADE® plan as developed by her coach and the ADE® proprietary software, she will pay only $93,867 and get out of debt even sooner. If she incorporates the $4400 ADE® Program cost into the roll up process, her interest cost will drop to $90,456. That's $5047 more in interest saving vs doing it herself with a smallest to largest priority. The reason this is so, is because the ADE® Software does not look at just the balances or interest rates alone. To properly optimize the pay off schedule one needs to take into consideration the interest rates, the balances and what most software never consider, the payment amount. So by adding a small amount of debt ($4400) and using our proprietary software, we can actually get her out of debt in the fastest, most cost effective manner possible. This is far superior to any process currently being used by any other debt elimination organization.

If she does it herself, she will be giving the creditors $5047 that really belongs to her. So she can do it herself and hope and pray she is successful and pay her creditors $95,543. Or she can hire us to work with her and pay her creditors only $90,456. This more than pays for the $4400 ADE® Program cost. The creditors truly pay for the ADE® Program and it does not cost any additional money out of her pocket. So the question I would ask her is why go through the headache and heartache of trying to do this on your own when the creditors will pay for your coach. And if you are serious about wanting to get rid of your debt, you will really
need a coach.

So ultimately, Mary and her husband must decide if she wants to gamble on her financial future, like some people do in Vegas; or does she want to insure it by setting up the ADE® Program so that the creditors pay for her future financial security. Only she and her husband can decide how much risk they are willing to take.

Mary also needs to know that every day it is costing her $36.78 interest costs. If she tries it herself for just 3 months or about a hundred days, she will be giving her creditors $3678 of her hard
earned money for no good reason. She will be tripping over thousand
of dollars, just to avoid paying $59.

However, whatever direction she chooses, I wish her all the best and we will be her biggest cheerleader.

Can’t I do this myself?

Don’t you have something more important to do with your time, other than chase your creditors? How about your family, your children, your career, your life! Do you really have the time, the energy and the desire to stay focused and on track for the next few years in order to accomplish this monumental feat? If you think you can; then you win; if you can't, then the creditors win ----- YOUR MONEY. In Mary's case, the creditors win about $250,000 of her hard earned money. It's a gamble that I would not take.

Or do I have more important or interesting things I would like to do with my life, other than becoming the Wall Street Wizard of Debt Elimination. You will find that your financial situation will not stay static over the next few years and you will appreciate having a coach that is very familiar with your situation.

I have personally taught over 100,000 people in the past 15 years. The vast majority of these folks have good intentions, expect to be successful, but shortly after starting their "do it yourself” approach, they fall off the wagon; a few get back on and try again, and again, and ------ again. It's difficult. As your Spend Smart Factor gets bigger and bigger you find other places to spend that money vs investing it in your debt. It's almost impossible to stay focused for five or ten years without having a coach. I have a hard time staying focused long enough to finish a good novel, no less a
life changing endeavor like eliminating ones debt.

However, it is easy to succumb and just give your money to the creditors. Don’t do it!!

For more information go to the question above: How do the Creditors to pay for the ADE® Program? 

Does the ADE® Program pay my bills?

For more information go to the question below: Is the ADE® Program a bill payment service? 

Is the ADE® Program a bill payment service?

Looking at the ADE® Program as a bill payment service is like saying that a financial planner is just a stock buyer. Buying stock is just a means to an end. And that end, is building net worth, by growing assets. However, the financial planner does a whole lot more than buy stocks.

Your coach does a whole lot more than pay bills. We actually turn the tables on the banks and use the banking computer systems to pay your bills. Let me emphasize, we are not a bill payment service. The banking systems pay your bills; we just facilitate the
process and set it up in such away you will never, ever, have another
late fee charge.