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  2. Paying off debt in tough financial times - AOL

    www.aol.com/finance/paying-off-debt-tough...

    For example, a $1,000 credit card balance with a $25 minimum payment would take you 87 months – for over seven years – to pay off, costing you $1,172 in interest alone. Paying off your balance ...

  3. How to pay off a debt in collections

    www.aol.com/finance/pay-off-debt-collections...

    Before taking any action to pay off a debt in collections, it’s crucial to verify that the debt belongs to you. Gather all relevant information about the debt, including the amount owed, the ...

  4. 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 transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.

  5. Facing a major financial setback when paying off debt - AOL

    www.aol.com/finance/facing-major-financial...

    A loan with a 0 percent introductory rate, such as a balance transfer card, can give you some breathing room and avoid raising interest while you pay off your new loan. Be careful, however ...

  6. How to pay off credit card debt - AOL

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

    Debt consolidation can be a useful way to combine multiple lines of high-interest credit card debt under a loan with one fixed, monthly payment — and it’s one 8 percent of YouGov/CreditCards ...

  7. Debt snowball method - Wikipedia

    en.wikipedia.org/wiki/Debt_snowball_method

    The small debt, with lower interest rate will stay around longer. The debt snowball method has larger high-interest debts around longer, thus may take more time to pay off. [6] In either method, fixing the cause of the debt (this does not include ones home loan) must addressed, that is balance of income vs spending. [7]

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