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  2. How to get debt-free - AOL

    www.aol.com/finance/debt-free-202046867.html

    Getting debt-free in a year relies on your willingness to commit to a budget, adopt a payoff strategy and stick to it. The most important aspect is to always look forward to success. Don’t get ...

  3. How to pay off your credit card debt: A step-by-step game ...

    www.aol.com/finance/how-to-pay-off-credit-card...

    For example, if you have a $3,000 balance at 24% APR and a $2,000 balance at 19% APR, you'd focus on the 24% debt first even though it's larger. Some people combine these approaches into a hybrid ...

  4. ‘I plan on dying [in] my cubicle’: 41-year-old woman owes ...

    www.aol.com/finance/plan-dying-cubicle-41-old...

    The Center for Retirement Research discovered that 63% of U.S. households over the age of 65 carry some form of debt. This is a steep incline since the late 1980s, when only 38% of households over ...

  5. Facing $50K in Debt in 2024? Here Are 7 Things You Must Do - AOL

    www.aol.com/finance/facing-50k-debt-2024-7...

    Getting out of debt ranks higher on people’s list of goals for the new year than anything but saving more money, and debt is the No. 2 financial stressor behind only inflation. How To Survive on ...

  6. Debt settlement - Wikipedia

    en.wikipedia.org/wiki/Debt_settlement

    Debt settlement (also called debt reduction, debt negotiation or debt resolution) is a settlement negotiated with a debtor's unsecured creditor. Commonly, creditors agree to forgive a large part of the debt: perhaps around half, though results can vary widely. When settlements are finalized, the terms are put in writing.

  7. Deleveraging - Wikipedia

    en.wikipedia.org/wiki/Deleveraging

    At the micro-economic level, deleveraging refers to the reduction of the leverage ratio, or the percentage of debt in the balance sheet of a single economic entity, such as a household or a firm. It is the opposite of leveraging , which is the practice of borrowing money to acquire assets and multiply gains and losses.

  8. How to consolidate business debt

    www.aol.com/finance/consolidate-business-debt...

    If the cons of a business debt consolidation loan outweigh the pros — or you can’t qualify for this type of business loan — you can look into alternative debt relief strategies. Business ...

  9. Poverty Reduction Strategy Paper - Wikipedia

    en.wikipedia.org/wiki/Poverty_Reduction_Strategy...

    Poverty Reduction Strategy Papers (PRSPs) are documents required by the International Monetary Fund (IMF) and World Bank before a country can be considered for debt relief within the Heavily Indebted Poor Countries (HIPC) initiative. [1] [2] PRSPs are also required before low-income countries can receive aid from most major donors and lenders. [2]

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