Pay off Your Debt: A Step-By-Step Approach
Personal Finance 101
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By: Barbara Davidson
Substantial debt can really affect your lifestyle, from a limited budget and ability to save, to a lower credit score and ability to secure a job. To make matters even more difficult, you might have multiple debts, like loans, credit cards, car payments and other financial commitments to juggle every month. Getting out of debt can feel practically impossible.
While it may take some dedication, hard work and financial sacrifices, paying down debt is more attainable with a repayment strategy. Not sure where to start? We’ll help you develop a debt repayment plan with our step-by-step guide.