Sentences with phrase «thought on debt repayment»

There are two schools of thought on debt repayment: the snowball and avalanche methods.

Not exact matches

If you came to this page thinking income - driven repayment plans could save you money on your student loan debt, you should consider refinanci ng your debt with a private lender.

If you're dealing with delinquent credit card debts and unable to make out a suitable repayment plan with the creditors on your own, you may think about a debt relief program.

Think about it this way: if you earn $ 15 in SmarterBucks and contribute that toward a student loan, you've not only paid off $ 15 in debt, you've avoided paying accruing interest on that $ 15 for the rest of your loan's repayment period.

One combination solution to think about is to look at a Chapter 7 bankruptcy to deal with the credit card debt, get on an income drive repayment program for your federal loans and ask your bankruptcy attorney to look and see if any of your private loans are eligible for a quick discharge.

Thinking of your debt repayment in these terms helps you to stay focused on making smart financial decisions with your money.

Marcin, though, thinks their main priority should be debt repayment — in particular, the $ 169,000 mortgage that remains on their home.

So I think it would be wise to consider your long - term debt repayment targets to ensure you're on track to pay off your mortgage by retirement in light of how higher rates will push out your repayment period.

Personally, with your low expenses, I don't think it's much of a risk for you guys to be focused on debt repayment first.

If you have problems managing all your repayments on credit cards and other loans, think about getting some help to reorganise a number of debts into just one loan.

Brad Pitt and David Beckham are thought to be among those caught up in Dubai's latest credit squeeze, as developer Nakheel has asked creditors for a six - month «standstill» on debt repayments totalling US$ 59 billion.

Not that my advice would be early loan repayment, but I think if you do decide to go that route then which loan to pay off early really depends on the rate and remaining life of the loan, and not the overall size of the loan, if you're looking at reducing your monthly debt payments.