0
If you are in debt, work with the creditors. Start with the highest interest rate first. Try to pay that one a little bit more then pay the minimum on the rest. Once you finish the highest interest rate, work your way down to the next highest interest rate and the next until you are all done
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
How much should I expect to pay for debt management services?
You should expect to pay a percentage of your debt. The amound depends on who and how much you owe. Also your capability to repay the debt is a factor.
How can I use a debt ratio calculator to estimate my finances and investments?
A debt ratio calculator is a great tool to use to figure out how much you should save and how much you should invest. If you have a lot of debt, you should pay that off first.
What should you do if a lawyer sues you for a discover card debt?
Pay the debt!
What is a sentence with the word debt in it?
You should always pay your Debts. Japan is in great Debt.
What is the first step one should take to get rid of credit card debt?
The first thing you should do to get rid of credit card debt is to pay off as much of it as you can. Use any savings you have first to pay it off and then sell anything of worth that you have but no longer use. Then make sure that you pay off as much of the bill as you can each month.
Wealthiest families should pay national debt?
no
Are you still obligated to pay a debt after seven years?
If you are able to pay them then you should.
How does debt limit your investment options?
You have to pay off your debt before you can invest! Or you can't invest as much because of the debt.
You received a summons from clerk of court giving 20 days to respond on a past credit debt what should you do?
Write a response as to why you haven't paid the debt, or why you should not have to pay the debt.
When you file for Bankrupsy and have a debt around 50000 do you pay a certain percentage back?
No. Your assets that can be used to pay the debt determine how much is paid back.
Can you use your Stafford student loan to pay off debt?
No, you cannot use a Stafford student loan to pay off personal debt. The only debt that should be paid off with an educational Stafford loan is your college debt.
What is the best way to become debt free?
Bankruptcy is an obvious method to escape debt, though it carries its own associated problems. The main alternative is to pay off the debt, which can be slow. One attempting this should always pay off debts with the highest interest first, and pay as much as possible immediately. As a debt persists, interest continues to be paid, which ultimately increases the total amount spent. So pay off the debt as soon as possible to minimize total interest payments.
