How to Pay off Credit Card Debts Fast| How to Earn Supplemental Income to Pay Down Loans

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How to Payoff Credit Card Debts Fast| How to Earn Supplemental Income to Pay Down Loans| Debt Snowball

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First decide which debts you must pay off or bring up to date. Then decide which debts are the highest interest rate. Starting with the highest interest rates, pay more than the minimum balance every month until it’s paid off. Once it’s paid off, move the next highest credit card/debt. Add whatever you were paying on the one you just paid off to the minimum payment of the next highest one. Continue paying that total amount every month until that debt is paid off. Once that loan/debt is paid off, move to the next highest and pay that full amount on that card. So on and so forth. Pay off tax deductible debts last so that you continue to get a tax break.

**I am not a legal or financial advisor; I’m not a lawyer or CPA; please consult your certified person for legal/financial advise for your situation.

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