"To clear the debt" means to completely pay off or eliminate the amount of money that is owed to someone or a financial institution.
Full definition
Rather, it is a matter of
clearing debts quickly by buying out the balances with a more affordable loan at a more flexible repayment structure.
But that may not be an issue if you're going with a shorter loan term or making extra payments to
clear the debt faster.
Local authorities are being forced to
clear the debts by using up their government education grants.
If you haven't paid a tax debt, the best way to avoid lasting consequences is to
clear the debt as soon as possible.
And it likely means having a plan to
clear the debt on any productive business or investment assets.
It hasn't helped that I've been trying to save for travel and
clear my debts so I couldn't afford to take time off.
Avoid this by either making sure you have
cleared the debt before the 0 % period runs out or switch the debt to a new balance transfer card.
We are
just clearing our debts and began to see some revenue so we must spend it wisely and not just for the sake of spending.
But it is important to consider the other debts too before agreeing consolidation terms, so
when clearing debts quickly, everything can be managed effectively from the start.
You will reach the ending
after clearing the debt, but even after the ending is over you can still play the game as much as you'd like.
I was very satisfied and very happy to have been able to
clear that debt off my credit history.
However, secured loans are more risky than unsecured loans because you could lose your collateral if you can
not clear the debt.
If you're ready to
start clearing your debt, there are various methods, including debt consolidation, that could work for you, depending on your situation.
During the hunt for a balance transfer card you need to weigh up the length of time it will take you to
clear the debt against the size of the balance transfer fee.
I never believed they could increase my credit score and they
also cleared my debt and negative records.
If you have any extra cash sitting around, use it to
clear debt based on the highest interest rate first.
Be aware that errors are not unknown in these scores, so check to see they are up to date and that a
recently cleared debt is accounted for.
At anytime that you have a budget surplus you should apply those funds
towards clearing the debt that you are paying the highest rates of interest on.
You are correct, the majority of people will
never clear their debt, a substantial portion won't even repay the base sum they borrowed.
In our opinion, the best way to
clear debt fast is by using two different methods.
Some creditors don't bother to file a claim with the estate and instead pressure members of the family to
clear the debt with their own money.
The goal is to arrive at a settlement amount that will
clear the debt completely for an amount that is less than the dollar figure owed on the account.
So, make sure you have
cleared the debt before the 0 % period runs out, or if you can't do that move the debt to another 0 % deal.
Secondly, it will take you longer to
clear the debt on the card meaning you may not pay it all off before the 0 % period ends.
Should I cash out most of the severance to
clear the debt first or invest it all in RRSP's and use the tax rebate to pay down the debt which will take more time?
Ms Harman stands alone as the only Cabinet minister to have accepted funds from a conduit of Mr Abrahams, having accepted # 5,000 to
clear her debts from her deputy leadership campaign.
Through consolidation the balances on existing debts are bought out in one go, and because it
means clearing debts immediately, the pressure is eased immediately.
Because simply repaying # 50 each month over the entire course of your repayment, instead of just on the first repayment, you will
clear your debt over 19 yearsearlier.