Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Review Website/Apps
Passive Income
Money apps
Paid Survey
Stock
Forex
Real estate
Paid to write
Social Media Monetization
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Personal loan
Retirement
Debt help
Savings for Students
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
Strategies for reducing debts
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Jasz, post: 301744, member: 61772"] Although it is possible to reduce debts by selling assets, this may not be the best option for everyone. There are many other strategies that can help you to reduce your debts, such as: * Pay off secured debts. If you have a secured debt such as a mortgage or car loan, then paying it off early can reduce the interest payments on your credit card and other unsecured debts. * Make extra payments. If you have a high balance on your credit card and are carrying a heavy monthly payment, consider making extra payments each month until the balance is reduced. This will save money in interest charges over time. * Consider refinancing your mortgage or taking out an additional loan to pay off your debt faster. A refinancing loan will allow you to take advantage of lower interest rates while still paying off the original loan completely within ten years or less. * Enroll in income protection insurance (IPI). IPI provides benefits if you lose your job or experience serious health problems which prevent you from working for more than a few weeks at a time. The amount of coverage available varies depending on factors such as income level and number of dependents covered. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Personal loan
Strategies for reducing debts
Top