The product's Fast Pay Plan Wizard makes it easy. The wizard automatically imports debts from a subscriber's Equifax Credit Report so that they can easily select which debts to include in their plan. Debt Wise aligns those debts in an optimal order and then applies a debt stacking strategy so that the subscriber can see how to pay them off faster -- without paying more in monthly payments than they already do. And because Equifax already protects the personal credit information of more than 200 million U.S. adults, subscribers never need to disclose the user names or passwords associated with their financial accounts to an unknown third party in order to create their plan.

"On average, households with credit active consumers owe 24% of their annual income in debt, but are only spending 13% of their disposable income repaying debt," says Steve Ely, President, Equifax Personal Information Solutions. "At that rate, consumers are not even treading water, they're drowning in debt! That is why it is so important that consumers have a game plan for getting out of debt -- a plan that they can actually stick to."

Debt Wise is a powerful, easy, and secure way for consumers to create a plan to pay off their debts faster; plus have their progress automatically tracked and receive alerts to let them know if they are on or off plan. By sticking to their plan, consumers may be able to pay off their debts faster and potentially save a lot of money in interest payments.

For less than $.50 per day, Debt Wise combines the power of the Equifax Credit Report with the ingenuity of debt stacking to help consumers take control of their debt with features like:

• Fast Pay Plan Wizard that makes setting up a plan simple, straightforward and flexible by automatically importing debts from the Equifax Credit Report and enabling subscribers to decide which debts to include in their payment plan.
• Monitoring and Monthly Alerts that help subscribers know if they are on or off plan and when an account is paid off. Plus alerts within 24 hours of key changes to their Equifax credit file.
• 4 FICO Scores every 12 months so subscribers can check their credit score, as it may change over time.
• Commitment Calculator tool to simulate how paying additional amounts towards debts could accelerate one's debt freedom date.
• Spend Smart Tools that provide ideas on ways to save money and spend wisely.
• Identity Theft Insurance of up to $25,000 with no deductible *.

Debt Wise is a part of Equifax's suite of products designed to help consumers understand their credit, protect their identity, and maximize their financial well-being.