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Showing posts with the label TIPS TO GET OUT OF DEBT.

How to get out of debt faster

3 TIPS TO GET OUT OF DE BT. How to get out of debt faster What do you get when you get easier and easier access to credit and limited financial education? The answer: an ever-increasing level of debt . If we add in addition that many consumers do not have any money left in the event of the unexpected and we are left with a real problem. The worst part is that it is not very complicated to find yourself in a vicious circle from which it is difficult to get out. The high interest rates on some debts can make it difficult and can be daunting for many. To help you get out of it, I therefore suggest 3 steps to eliminate your debts : 1 - Classify debts by interest rate The first step is to take all the debts you have and classify them by interest rate. The highest is to be reimbursed first until the lowest. The logic behind this method is that a higher interest rate will ultimately cost you more, so keep it as low as possible. If you do not know the interest rate for each of yo...