Sentences with phrase «pay off the other debt because»

Now I'm afraid to pay off the other debt because it might lower my score more.

Not exact matches

Debt consolidation.If you're struggling with credit card debt, borrowing against your equity can be extremely attractive because of the low interest rates — much lower than any you'll find on a credit card — using a HELOC to pay off other debts will give you an easy single payment at low interest raDebt consolidation.If you're struggling with credit card debt, borrowing against your equity can be extremely attractive because of the low interest rates — much lower than any you'll find on a credit card — using a HELOC to pay off other debts will give you an easy single payment at low interest radebt, borrowing against your equity can be extremely attractive because of the low interest rates — much lower than any you'll find on a credit card — using a HELOC to pay off other debts will give you an easy single payment at low interest rates.

His vice gets him in deep with a series of unsavory loan sharks (Alvin Ing, Michael Kenneth Williams and John Goodman), borrowing money from each purportedly to pay off debt to the others, only to flit it all away at blackjack and roulette tables, seemingly just because he can.

Even if rates didn't rise, I'd still want to pay it off first because it's already expensive compared to other types of debt.

If a person is paying high interest on other loans or credit cards, it could pay to get a SoFi loan to pay off those debts and pay less in the long - term because of reduced interest.

That; s why I am thinking bankruptcy is a better option because I can discharge my CC debt, start paying only the student loan she is on and then by the time my car is paid off, 5 years, I will have monthly income freed up to begin paying the others.

Because interest rates on home loans are often a lot lower than the interest rates offered on car loans, private student loans, credit cards, and personal loans, many people choose to pull out the equity from their home and use the cash to pay off their 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.

If you are a careful money manager who fell into debt because of unusual circumstances (medical or veterinary bill, loss of employment or some other emergency) and NOT because you spent more on your credit cards than you could afford to pay off each month, then leave the accounts open.

«Instead of saying that we can't afford the toy, tell your child that we are choosing not to buy the toy because you are choosing to spend your money in other ways, such as paying off the debt or saving,» Hunt says.

That is because the proceeds from a life insurance policy can be used for paying off large debts, ongoing living expenses by the insured's survivors, and for the high cost of the insured's funeral and other final expenses.

Anyway, I was just wondering your position, because I think it's interesting when people talk about compound interest, and some of them fall into the camp of paying those debts off sooner to make the compounding work in their favor, and others fall into the same camp you're in, and that is letting inflation and rents take care of it.

And because we are working directly with your creditors, it's easier for us to engage in debt negotiation, seeking possible reductions in finance charges, interest rates, late fees and other charges in order to reduce the amount of money you owe and help you to pay off your debts faster.

If flexibility is something you need because of changing life circumstances, it certainly makes as much sense as any other theory to pay off your debt according to what will fit your situation.

But make it a priority to kill off credit card debt before any other, because it's ridiculous to pay 15 % interest when your savings account yields 0.01 %.

Others may choose to pay off other debt with their military loan because of the typically lower interest rate that can be obtained on this type of loan.

• Home improvements • Other investments (stocks, bonds, etc.) • Vacations and other luxuries • College tuition • Home buying (to purchase another property) • To pay - off other higher - interest - rate debt, such as credit cards or auto loans • Pay off student loans or a personal loan • For an emergency (buffer their checking account) • Because they want cash for any number of reOther investments (stocks, bonds, etc.) • Vacations and other luxuries • College tuition • Home buying (to purchase another property) • To pay - off other higher - interest - rate debt, such as credit cards or auto loans • Pay off student loans or a personal loan • For an emergency (buffer their checking account) • Because they want cash for any number of reother luxuries • College tuition • Home buying (to purchase another property) • To pay - off other higher - interest - rate debt, such as credit cards or auto loans • Pay off student loans or a personal loan • For an emergency (buffer their checking account) • Because they want cash for any number of reaspay - off other higher - interest - rate debt, such as credit cards or auto loans • Pay off student loans or a personal loan • For an emergency (buffer their checking account) • Because they want cash for any number of reother higher - interest - rate debt, such as credit cards or auto loans • Pay off student loans or a personal loan • For an emergency (buffer their checking account) • Because they want cash for any number of reasPay off student loans or a personal loan • For an emergency (buffer their checking account) • Because they want cash for any number of reasons

Because he was not insured for damage to other cars, Richie had to take out an expensive personal loan and work extra hours to pay off the debt over 5 years.

One of the key reasons for this is because the proceeds from a life insurance policy can be used for multiple needs of one's survivors, such as paying off debt, replacing income for everyday living expenses, and paying the high cost of the insured's funeral and other final expenses.

At the same time, older Americans are increasingly finding it necessary to keep working — because their nest eggs and home values took a beating during the Great Recession, and / or because they still need to pay off credit cards, mortgages, student loans, and other debt.

Borrow 25k from your 401K to pay off high interest credit card debt, but before repaying you lose you job, you now have 60 days (normally) to repay the loan but of course you can not repay it — you borrowed it because you had no other source of funds.

One key reason for this is because the other life insurance that is already in force may be earmarked for paying off other debts.

This is because the proceeds from a life insurance policy can be used for paying off debts, continuing to pay ongoing living expenses and to pay off the insured's funeral and other related final expenses.

This is because the proceeds that are received from life insurance coverage can be used for any number of different needs — from paying off large debts, paying for the insured's funeral and other final expenses, and / or for the payment of ongoing living expenses.

This is because the proceeds from a life insurance policy can be used for a number of different things, such as paying off large debts, paying for the insured's funeral and other final expenses, and / or paying survivors» ongoing living expenses.

This is because the proceeds that are received from a life insurance policy may be used by survivors for paying off debt, continuing to pay ongoing living expenses, or for any other need.

That is because the proceeds from a life insurance policy can be used for paying off large debts, ongoing living expenses by the insured's survivors, and for the high cost of the insured's funeral and other final expenses.

One of the key reasons for this is because the proceeds from a life insurance policy can be used for multiple needs of one's survivors, such as paying off debt, replacing income for everyday living expenses, and paying the high cost of the insured's funeral and other final expenses.

This is because the proceeds that are received from a life insurance policy may be used for paying off debt — including the insured's funeral and other final expenses — as well as for ensuring that ongoing living expenses can be paid.

That is because the proceeds from a life insurance policy can be used for a variety of different needs, such as paying off large debts, continuing with ongoing living expenses, and / or paying off the insured's funeral and other final expenses.

One reason for this is because this essential financial tool can help to protect the ones you love from having to spend other assets on things such as final expenses, paying off debt, and / or living expenses in the case of the unexpected.

Because of this, an adult child could easily pay for a parent's final expenses, as well as various other types of debt that would need to be paid off.

As we've discussed here, it can be worth it to secure a term life insurance policy even before paying off other debts — and in many cases because of those debts.

People often think life insurance is too expensive or they can't afford it because of other financial priorities, such as paying off debt or saving for retirement.

If you owe on your car, have credit card debt, or other loans it's best to pay those debts off first because these are usually «unsecured» loans which carry a much higher interest rate than your home mortgage.

By the time you get to your largest amount owed, you enjoy a greater ability to pay it off because all your other debts are gone.