SMART Payment Plan® Celebrates A Decade Of Helping Americans Pay Bills, Reduce Debt Faster And Simplify Budgeting

AUSTIN, Texas, July 23, 2013 /PRNewswire/ -- Leading financial technology company SMART Payment Plan is celebrating its 10^th anniversary of helping consumers reduce their debt faster by launching its Debt Reduction Tour across the country in August.

(Logo: http://photos.prnewswire.com/prnh/20130402/FL87928LOGO-b)                        

"In August, we are launching the Great American Debt Reduction Tour, a cross-country tour to educate Americans on reducing their debt and making smart financial decisions to live easier, happier lives," said David Engelman, chief executive officer of SMART Payment Plan.

"We are excited that we've been helping hundreds of thousands of Americans achieve smaller, easier home and car payments. Most of all, we are happy to help Americans save time and money, budget easier and reduce financial stress."

"We are currently helping Americans save $63,465,739 in interest savings, payoff loans 43,240 years faster and accelerating $219,523,888 in equity for our clients.  We will process over $1 Billion in loan payments by the end of the year."

SMART Payment Plan's innovative technology simplifies the bill paying process by automatically deducting smaller bill and loan payments from a client's bank account on a schedule that coincides with their pay schedule. By making smaller payments that match paydays, clients are able to pay off debt faster and save money by reducing the amount of interest they are charged. SMART Payment Plan works to pay down automobile loans, home loans, student loans, credit cards, boat and RV loans, and other types of debt.  In addition, SMART eliminates bill paying hassles and improves cash flow, Engelman said.

It was ten years ago that Engelman put forward the idea of automatically collecting smaller, easier loan payments to help Americans payoff loans faster and save interest charges. By targeting the automotive and home sales market, SMART Payment Plan found its niche and began growing exponentially over the years.

But it wasn't that easy in the beginning, as the company struggled to win over automotive dealers and mortgage professionals who had doubts about the business, Engelman recalled.

"We had to struggle to get automotive dealers and mortgage professionals to understand what we were trying to do," he said. "Lots of car dealers said we were crazy to think car buyers would let us automate their loan payments. Now, we are a complete bill payment service helping hundreds of thousands of Americans live easier, happier lives. We are proud to have recently been selected by automotive dealers as the leading bill payment service in their industry."

To mark their 10 year anniversary, SMART Payment Plan is launching its Great American Debt Reduction Tour on August 15 with a fully equipped RV that will travel the country visiting major cities to inform Americans of the benefits of its bill payment service.

"We're bringing our 40-foot RV to cities around the country to spread the word about reducing debt faster, saving interest charges, simplifying budgeting and living an easier and happier life by letting us pay your bills - and we'll be giving away educational books and gifts at each stop," Engelman said.

ABOUT SMART PAYMENT PLAN

SMART Payment Plan is a financial technology company that specializes in automated consumer bill payments. We help Americans save time and money, simplify budgeting, improve cash flow, pay off debt faster and eliminate late fees by matching smaller bill payments to our clients' weekly, every-2-weeks, twice-a-month or monthly paydays. We provide safe and secure payments to pay down mortgages, vehicle, credit cards, boat, personal and school loans - and all other fixed monthly bills, including rent, cable, daycare, and cell phone bills. For more information about SMART Payment Plan, please visit www.smartpaymentplan.com.

Media Contact:
Carlos Martinez, Pro PR & Marketing
818 263-6250
[email protected]

SOURCE SMART Payment Plan