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  2. Debt Counselors: Which of These 3 Ways To Consolidate Debts ...

    www.aol.com/finance/debt-counselors-3-ways...

    A consolidation counseling repayment plan, also known as a debt management plan (DMP), is a structured program designed to simplify and accelerate debt repayment, Lewis-Parks explained.

  3. How to stick to your debt repayment plan - AOL

    www.aol.com/finance/stick-debt-repayment-plan...

    1. Build a long-term plan. Once you have a debt repayment plan and have taken the first step toward paying off your debts for good, you’ll have a roadmap. You’ll know how much you’ll pay ...

  4. I’m a financial expert: Here are my 4 top tips for paying off ...

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

    A finance expert's 4-step plan and practical tips to paying off your high-interest debt — and becoming debt-free. ... treat this budget as a realistic document, and use the past six months of ...

  5. How to pay off credit card debt - AOL

    www.aol.com/finance/pay-off-credit-card-debt...

    You don’t have enough income to cover your expenses and debt repayment. ... And once the cash is gone, it’s gone — so you have to plan accordingly. 7. Explore debt consolidation loans.

  6. Debt snowball method - Wikipedia

    en.wikipedia.org/wiki/Debt_snowball_method

    The debt snowball method goal is to motivate the person in debt to continue paying off the debt. There is a reward to seeing the first smaller debt go away. Feelings is how many get in debt, thus feelings is how one gets out of debt. The plan is easy and simple to follow. [6] Cons:

  7. Debt management plan - Wikipedia

    en.wikipedia.org/wiki/Debt_management_plan

    This commonly refers to a personal finance process of individuals addressing high consumer debt. Debt management plans help reduce outstanding, unsecured debts over time to help the debtor regain control of finances. The process can secure a lower overall interest rate, longer repayment terms, or an overall reduction in the debt itself. [2]

  8. How to use the debt avalanche payment strategy - AOL

    www.aol.com/finance/debt-avalanche-payment...

    Bankrate tip. If you get a raise or bonus at work, start a side hustle or switch to bringing your lunch to work instead of buying it, use that money to pay off your high-interest debt.

  9. Which debt should you pay off first? Five options to consider

    www.aol.com/finance/debt-pay-off-first-five...

    Key advantages: You can make your debt repayment plan your own. If you have an emergency, you could manage the expense without sacrificing your goal of getting out of debt.

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