Starting a budget is an easy first step toward paying off your debt. Key Takeaways With the right strategies, you can accelerate your debt payments and pay off your balances faster. Prioritize high-interest-rate debts, like credit cards, to avoid excessive interest charges. You may not have...
6 Easy Ways to Pay Off Debt More Getty Images Starting a budget is an easy first step toward paying off your debt. Key Takeaways With the right strategies, you can accelerate your debt payments and pay off your balances faster. Prioritize high-interest-rate debts, like credit cards, to av...
6 ways to pay off your mortgage fasterJessica Mai
If you do get a refund consider using that money to invest or pay down your mortgage. You’d use the money to better your financial situation instead of letting the government earn interest on it. However, if you like the idea of getting a tax return each year, choose to set aside som...
That amount of card debt can be overwhelming, but there are ways to pay it off. Here are a few to consider.
Eliminate the highest-interest-rate debt first. Pay as much as you can over the minimum payment on your highest-rate debt, paying minimum payments on all other debts. When you pay off the highest interest debt, move on to your next-highest-rate debt. Save tax-deductible debt, such as st...
Well, the good news is that you have options aside from getting further behind on your payments. Below, we'll break down what you may want to consider doing in these situations. Compare your debt relief options here. Credit card delinquencies are rising: 4 ways to pay off what you owe ...
1. Pay Extra Toward Your Mortgage Principal One of the easiest ways to pay off your home loan early is to put more money toward your principal every month or even just once per year. Don't worry, it doesn't take much to shave years off your mortgage term. ...
Paying off student loans can seem overwhelming, but with these 5 simple strategies, you can begin to focus on your other financial goals. Learn how to pay off student loans fast.
The fastest ways to pay off debt Nobody wants to be in debt forever. If you're like most people, you want to get out of it as quickly as possible. Here are five of the fastest ways to achieve debt freedom: Take advantage of debt relief services Debt relief services are designed to...