Here's a short description of debt acceleration is moving money around to different accounts in order to pay off debts quickly. The main concept of the debt acceleration strategy is borrowing money at a lower interest rate to pay off debts with a higher interest rate. This will lower your overall interest rate and reduce your total interest paid. In many cases, you can save thousands of dollars with a debt acceleration strategy. This technique is also known as The Freedom Blueprint. No, this is not money laundering because you will need to pay tax on your gains. This is not a Fast cash loan, nor is it, hence, the low-interest rate definition. The 

Debt Acceleration Strategy is commonly used to pay off the mortgage quickly. You can use debt acceleration to reduce your mortgage from 30 years to just 5-15 years (depending on your income). A mortgage is typically amortized over 20 – 30 years. Amortization refers to the process of paying off debt (often from a loan or mortgage) over a fixed period through regular payments.

Debt Acceleration Banking Strategy

1. Using a debt acceleration banking strategy to help you pay off your debt

Debt Acceleration banking uses a home equity line of credit (HELOC) to pay down or off your debts and save money by the different way HELOCs charge interest.

2. Using a debt acceleration banking strategy to pay off your mortgage

Once you eliminate other debts, you can also use The Freedom Blueprint banking to accelerate paying off your mortgage. You apply the same principle as before by using HELOC to make large principal payments to your mortgage. Then use your paycheck to pay down the HELOC balance.

3. Using debt acceleration banking to buy a house and retain equity as buying power

You take the debt acceleration strategy banking a step further and use the principle to buy a home with HELOC. In this case, the HELOC is in the first position as no traditional mortgage exists.

However, this is not an easy task. It requires some significant legwork on your end to locate a willing bank to issue such a HELOC for such a purpose.

Once you buy the home with HELOC, you then apply the basic (The Freedom Blueprint) to pay it off.

However, for this strategy to work, you have to earn more and have a high credit score. 

4.  Debt Acceleration Strategy: banking and life insurance

You can use the principles of The Freedom Blueprint baking if you own cash value in life insurance. Cash-value life insurance is a type of permanent life insurance that includes investment features. Cash value is the portion of your policy that earns interest and may be available to withdraw or borrow against in case of an emergency.

Therefore, you simply use the policy loan in the same way you use a HELOC with The Freedom Blueprint. 

It allows you to use the same simple interest calculation HELOCs use, since life insurance policy loans are similar.

The only exception is that life insurance loans use cash value inside the policy as collateral. Therefore, you'll not be able to extract additional value by virtue of having untapped home equity like in the previous strategy.

You could also potentially buy a home with a life insurance loan and apply for a HELOC to use in case of an emergency.