Debt Elimination

The method is simple.

  1. Set a monthly amount.
  2. Pay all minimum amounts.
  3. Pay extra money toward the debt with the highest interest rate.

This method will ensure that you pay the least amount of interest and repay your debts as soon as possible.

The trick to paying the least amount of interest possible is to pay extra money toward the debt with the highest interest rate.

Obviously you want that debt paid off as soon as you can.


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