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    Financial Watchers Inc

    A non profit organization that develops and implements personalized solutions to existing debt by delivering financial evaluations and strategic solutions that optimize savings through a focus on debt repayment strategies.

  • About Our Organization

    Developing and implementing personalized solutions to existing debt.

    Passion

    At Financial Watchers Inc, we understand that dealing with student debt could be overwhelming. This is especially true when student debts are in repayment. The interest rates are either too high, or debts are in repayment for too long. We understand this concerns and our leaders have firsthand experience with this. We are passionate about this issues and have developed a tool that refocuses the conversation of student debt by emphasizing the inherent savings opportunity when debt is managed strategically.

    Partnership

    At Financial Watchers Inc, our solutions are developed around partnership with our clients based on their unique debt situation. Our approach emphasizes the use of an optimal repayment plan which is defined as a plan that in total saves more in interest owed compared to alternate repayment plans. With a standard student debt in repayment, the one-time lump sum repayment plan is usually the optimal repayment option. However, not everyone can afford this plan because unlike the additional monthly repayment plan which spreads cost burden evenly over the life of the debt, the one-time lump sum repayment plan shifts the burden to the starting month.

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    Debt Evaluation

    A comprehensive evaluation of current debt situation

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    You Invest In You

    A commitment to debt management that starts with you

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    We Invest With You

    An organization that invests in your commitment to debt payoff

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    Track Progress

    Simplified reports showing progress against debt saving goals

  • Financial Watchers Inc debt management process

    There has been a significant growth in financial literacy content on student debt management and each content have broad application.

    However the challenge for most now becomes sorting through available resources and picking one that is the best financial fit.

     

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    Debt Evaluation

    At Financial Watchers Inc. we are committed to helping our clients sort through vast resources available on student debt management in order to help make the best financial decision that aligns with their unique financial situation and priority.

     

    The debt evaluation analysis report from Financial Watcher Inc. explores your current student debt situation, and makes a recommendations regarding if you should consider investing in your debt or not, it also analyzes the repayment plan for optimal debt savings on interest paid.

     

    The most important part to this evaluation is that it provides a recommendation, and it is up to the individual to decide to either Take action or Not.

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    You Invest In You

    Some clients already make additional payments on their existing debt, for these individuals an evaluation of the repayment strategy would test if its savings is optimal.

     

    For other clients who are not making additional payments on their debt, a debt evaluation with Financial Watchers Inc is a great starting point.

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    We Invest With You

    The biggest challenge that individuals paying off student debt have is that most cannot afford the upfront lump sum cost of an optimal interest paid savings strategy. For this reason, most people rely on a spread out additional investment strategy. 

     

    Although the spread out strategy is more affordable in monthly or biweekly incremental payments, it is typically less optimal compared to using the one-time lump sum investment strategy. Through a partnership investment with Financial Watchers Inc. we can work with individual clients to achieve a more optimal savings goal.

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    Track Progress

    Get a customized report that tracks and shows projected savings and realized savings based on selected repayment plan. Reports can be monthly, quarterly or annually depending on selection preference.

  • The Journey Starts Here

    This sample report is based on a real scenario. In this example, Ade A owes $40,410 on a student debt with a $477 standard minimum monthly payment, on a consolidated debt with a fixed 5.88% APR interest rate. Ade A is also currently making an additional monthly payment of $71.

     

    The attached Financial Watchers Inc. evaluation report does an analysis on Ade A's repayment strategy and compares it to other repayment strategies to determine if it is optimal and makes an investment recommendation.

  • Optimal Repayment Plan

    Interest on your debt is the estimated time value cost of borrowing money

     

    An optimal payment plan saves more in interest paid using less total additional investment

    $0

    Standard Minimum Payment Plan Interest Paid Savings

    $2,055

    Additional Monthly Payment Plan Interest Paid Savings

    $3,989

    One-Time Lump Sum Payment Plan Interest Paid Savings

  • Meet Our Team

    We share a passion for helping others understand and gain access to available debt management resources and tools

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    Omotara A Adewakun

     

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    Simone G Symonette

     

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    Sola E Egunyomi

  • Do you have a question?

    Leave us a note, and we would get back to you shortly

  • Location

    Financial Watchers Inc is located in Indianapolis, In