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MoneyPants Helps Prepare for Increase in Credit Card Payments

MoneyPants is celebrating its one year anniversary. How is it planning on partying? The company will launch a limited-time discount membership program to assist consumers in preparing for much higher credit card payments next year. New MoneyPants members will pay only $79 on their first year`s membership now through January 1st. In addition, a $20 discount and a 30% savings on the monthly membership fee will also be offered.

Under new laws effective January 1, a $100 minimum payment to a Visa or MasterCard could jump to $200. `Overextended consumers could be hit hard,` cautions MoneyPants CEO Komal Bhojwani, `especially with the holiday spending season coming up. MoneyPants is here to help people make budgeting choices that work for them individually,` Bhojwani says,`We want to encourage and empower them to become their own best personal finance advisor.`

Since its launch in November 2004, MoneyPants.com, an online personal finance community, has helped thousands of people enjoy getting conscious about their money. MoneyPants` unique, easy-to-use budgeting tool, CashTrack, shows members what`s been paid, what`s still due, and how close they are to their budget. The site`s cool `Worth it?` button helps members see if they?re enjoying what they spend. The GoalTrack feature works seamlessly to picture their progress in saving toward a special goal, like a vacation, wedding, or loan payoff. Members rave about the results. `Your user friendly format has eased my fears of all things `money` and I`m looking forward to a brighter financial future,` notes Jayne T.