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Debt pay down
What is the fastest and cheapest way to pay down your debts? For an accelerated payment plan, please answer the following few questions.
Before you get started, it helps to have gathered the most recent statement for each of the debts* - such as credit cards, car and boat loans, and home equity loans - you want to include in your payment plan.
Before we begin, take a moment to find the following items on your statements:
•
Interest rate
•
Current balance
•
Minimum monthly payment
How many debts do you want to include in your plan?
(Maximum: 9)
* You can also include mortgage and student loans, but you may not want to. These types of loans are usually not considered debt that is important to pay off quickly.
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