Basically, you vow to make
minimum payments on all your debts starting with the smallest one.
Not exact matches
Starting with either the largest or the small
debt (your choice), pour all of your extra money into paying down that
debt while still making your
minimum payments on all of your other
debts.
If you're really worried about meeting your
debt obligations then consider making only the
minimum payment on your credit card
debt,
starting now.
Start by targeting a
debt you can wipe out at once, and still continue to pay the
minimum payment on others.
If your
debts increase, you
start using your overdraft and you
start using the available balance
on one credit card to pay off the
minimum payment on another.
Start with the smallest
debt and throw as much money at it as possible while making
minimum payments on the others.
If you've been in
debt 10 years
on your student loans, now's the time to
start taking control and making as much more than the
minimum payments as possible.
Making
minimum contractual
payments as agreed
on credit cards, loans and lines of credit means that someone protects their credit rating when they first
start out with the various
debts.
Starting with either the largest or the small
debt (your choice), pour all of your extra money into paying down that
debt while still making your
minimum payments on all of your other
debts.
If you're just making
minimum monthly
payments on credit card
debt, an auto loan, or student loan
debt, you can use this pay raise as an opportunity to
start seriously tackling your
debt.