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-   -   How do I pay off all my debts? (http://www.thefinanceforums.com/showthread.php?t=12943)

yaserca 11-15-2017 02:18 AM

How do I pay off all my debts?
 
Funnel the majority of your debt repayments into that one credit card, and pay it off as quickly as possible. When the balance on that card reaches zero, move on to the next with the same aggressive repayment plan. Lather, rinse, and repeat. This method of repayment is aptly called "snowballing."

Jovanny 11-29-2017 06:03 AM

Re: How do I pay off all my debts?
 
Its really impressive way to repay, yaserca.

Banknomics 12-14-2017 03:41 AM

Re: How do I pay off all my debts?
 
Paying off loans faster is a great way to get financial freedom. I always try to learn all those tricks which help me to improve my financial status, save money.

Here are some techniques to pay off your credit cards, personal loans, car loan or any other type of loan even faster.
Make Payments Bi-Weekly
Round Up the Payments
Budget and Schedule your Expenses
make one extra payment per year for your loan amount
Repay your most expensive Loan First
Prepay your Loan
It concludes that paying off your personal loan, credit card bills or any other financial payments early will help you in saving money and downturn the overall phrase of the loan.

BRodgers 01-19-2018 12:07 AM

Re: How do I pay off all my debts?
 
Indeed, a very helpful post!

jane21august 02-12-2018 02:50 AM

Re: How do I pay off all my debts?
 
Didn't know about that , that's very helpful post

Kimberly_Kruger 04-05-2018 05:36 PM

Re: How do I pay off all my debts?
 
Nice write up, A very useful piece of information


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