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  2. How to pay off a personal loan faster - AOL

    www.aol.com/finance/pay-off-personal-loan-faster...

    5 ways to pay off your personal loan faster You can reduce your personal loan debt more quickly by paying, earning or saving more money to apply to your loan balance.

  3. Paying off debt early: Advantages and disadvantages - AOL

    www.aol.com/finance/paying-off-debt-early...

    So the longer you take to pay it down, the more you’ll eventually pay in interest over time. For example, if you have a $20,000 personal loan with a five-year term and 7.5 percent APR, the ...

  4. Rachel Cruze: 7 Secrets To Paying Off Your Debt Faster - AOL

    www.aol.com/finance/rachel-cruze-7-secrets...

    Finance mogul Rachel Cruze has seven tips to help you pay off your debts as soon as possible. These tips will help set you on the path to a debt-free life, relieving financial stress and allowing ...

  5. How We Got Rid of $136,000 in Debt in 21 Months - AOL

    www.aol.com/news/2013-05-29-paying-down-debt...

    Savings interest rates today: Outpace inflation with top accounts paying up to 4.75% APY this weekend

  6. Debt snowball method - Wikipedia

    en.wikipedia.org/wiki/Debt_snowball_method

    The other method, Debt Avalanche, paying of highest interest rate first, will save the person in interest payment, if they stay motivated. The small debt, with lower interest rate will stay around longer. The debt snowball method has larger high-interest debts around longer, thus may take more time to pay off. [6]

  7. Mortgage acceleration - Wikipedia

    en.wikipedia.org/wiki/Mortgage_acceleration

    As interest on mortgages is compounded, early payments diminish the period needed to pay off the mortgage, and avoid a quotient of compounded interest. [ 1 ] A commonplace method of mortgage acceleration is a so-called bi-weekly payment plan, in which half of the normal calendar monthly payment is made every two weeks, so that 13/12 of the ...

  8. How to pay off your credit card debt: A step-by-step game ...

    www.aol.com/finance/how-to-pay-off-credit-card...

    For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.

  9. Loan shark - Wikipedia

    en.wikipedia.org/wiki/Loan_shark

    A loan shark is a person who offers loans at extremely high or illegal interest rates, has strict terms of collection, and generally operates outside the law, often using the threat of violence or other illegal, aggressive, and extortionate actions when seeking to enforce the satisfaction of the debt. [1]