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PowerPay: Consumer Debt Reduction Software for Extension Educators

Volume

36

Issue

4

Abstract

Computer software developed by county agents allows Extension educators the opportunity to offer personalized debt reduction plans and teaching aides for their clientele. With the PowerPay computer program consumers can see how much money they can save and how much more quickly they can become debt free by using power payments for their individual financial situation. Other options enable users to evaluate debt consolidation plans and to see the real costs of making only the minimum required payments on credit cards. All printouts can be customized to reflect the name of the assisting institution.

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