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

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

    How to pay off debt early. ... 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 monthly ...

  3. Which debt should you pay off first? Five options to consider

    www.aol.com/finance/debt-pay-off-first-five...

    Different strategies for paying off multiple debts Option 1: The “high-interest first” strategy. Paying off high-interest debt first is commonly referred to as the avalanche method. This ...

  4. 9 Fastest Ways To Pay Down Debt, According To Experts - AOL

    www.aol.com/finance/9-fastest-ways-pay-down...

    The more money that can be dedicated to paying off debt, the more money that can go toward paying down the principal, resulting in less interest being accrued over the time it takes to pay down ...

  5. Effective strategies and tips to pay off debt - AOL

    www.aol.com/finance/pay-off-debt-compare...

    Paying off debt requires carefully studying your current circumstances and understanding available options. With this information, you can create and implement a successful action plan to make ...

  6. Pay off debt or save? Expert tips to help you choose - AOL

    www.aol.com/finance/pay-off-debt-save-expert...

    Options include paying off your highest-interest debt first, paying off the smallest debt first or paying the debts first that most affect your credit score. Debt consolidation may be a good idea ...

  7. Paying off debt in tough financial times - AOL

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

    Economic hard times can be especially difficult when you’re paying off debt, ... The longer you wait, the more out-of-hand it can become. For example, a $1,000 credit card balance with a $25 ...

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