Pay Off Loans
by S.McMinn
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The first thing
you need to do is figure out which ones are
more urgent, |
like your mortgage
is more important for example than
A student loan, because
a student loan can be paid over a period of time,
but if you dont repay your mortgage loan
you may lose
your home.
Come up with a budget
and work out how much spare cash you have to repay
debts. The important thing is to cut back spending
where you can and save to repay debts.
Another is to consolidate
your loans to make one monthly payment.
Also try talking to
the lender to try and make a agreement over a
timeable repayment plan.
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