Sentences with phrase «minimum payments on one's other debts»

Even though you're paying a lump sum on one debt, you should continue making minimum payments on all your other debts.

Find the extra money, and put it all towards paying off your account that has the highest interest rate, while paying minimum payments on the other debts.

This option would be appealing to people struggling with minimum payments on their other debts and risking penalties and additional costs.

The next step is taking your «found» money and making higher payments on the debt with the highest rate, while only making minimum payments on your other debts.

The plan might involve establishing a repayment pecking order, having you focus on paying down high - interest debts first while making minimum payments on other debts.

While many factors impact the amount you can borrow, your debt - to - income ratio (DTI), which compares your monthly gross income and the minimum payment on other debt, is essential to the equation.

You still need to make minimum payment on the other debts.

You'll make higher payments on this debt and minimum payments on all other debts.

Because the minimum payment on my other debts would be $ 430, I could funnel $ 270 to pay off the business debt every month.

Meanwhile, you continue making minimum payments on other debts.

You're continuing to make the minimum payments on your other debt, but you are focusing on one debt with as much extra income as you can squeeze out of your budget.

This means making minimum payments on all your other debts and putting as much as you can toward the card with the highest interest rate.

Although you want to focus on one card at a time, you still must make the minimum payments on your other debts.

Attack the first balance on your list by paying as much as you can each month while making minimum payments on your other debts.

We would pay off our highest interest rate debt first while making minimum payments on our other debts, then proceed to our next highest interest rate debt and continue until all our debt was paid off.

The Snowball Method, popularized by Dave Ramsey, told us to pay off our debt with the smallest balances first while making minimum payments on our other debts.

Sticking with our debt snowball plan, we continued to make minimum payments on all other debts and made (at least) one big «snowball payment» each month to our USAA Credit Card.

The Snowball Method, popularized by Dave Ramsey, told us to pay off our debt with the smallest balances first while making minimum payments on our other debts.

We would pay off our highest interest rate debt first while making minimum payments on our other debts, then proceed to our next highest interest rate debt and continue until all our debt was paid off.