The Living Free and Clear System (TM) Detailed in Newly Released Video

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) October 23, 2007 -- Unfortunately, many Americans are drowning a sea of tremendous debt. There are many reasons for this situation. Some blame adjustable rate mortgages and subprime lending. Others say the "real estate" bubble burst. However, even in ideal conditions it is very difficult for a consumer to pay off a low-rate conventional fixed rate mortgage.

For example, if a borrower had a $200,000 mortgage at 6% interest. After seven years of consistently making payments, he would have paid $100,724.40 in monthly payments of $1,199.10. He would still owe $179,278.77.

He paid $20, 721.23 on principle, and $80,003.17 in interest to the lender who provided the loan. When you factor in that the average borrower either sells or refinances every 5-7 years it is easy to see why Americans have a difficult time getting out of debt. Banks know every 5-7 years the borrower gladly start the process all over again.

T.J. Marrs believes there is a better way...
He recently released a video detailing how The Living Free and Clear System (TM) could potential pay off a mortgage in 6-9 years. The goal of The Living Free and Clear System (TM)is to defeat the compound interest curve, which is working against the consumer keeping so little of his money working for him.

To see the video go to:

www.nohousedebt.com

More information can be found online at http://www.nohousedebt.com

Living Free and Clear System     T.J. Marrs     TJ Marrs     TM