close
    1. Home
      2. ›
    2. Uncategorized
      3. ›
    3. What is the best way to begin paying off debts
    What is the best way to begin paying off debts

    total debt of $30 - $40K

    Answer this
    0  Views: 230 Answers: 2 Posted: 13 years ago
    Comment this question

      2 Answers

      Pay off the smallest debt first, then apply the savings from that debt to the next largest debt. Keep doing it until you are out of debt.
      13 years ago. Rating: 0
      Comment this answer

        Offer to pay the smallest amount you can afford and get the debt company to increase the re payments on an annual basis.

        By (Uk) law u can pay a miniumum of ?1.
        13 years ago. Rating: 0
        Comment this answer



          Did this answer your question? If not, then ask a new question.

          Top contributors in Uncategorized category

           
          ROMOS
          Answers: 18061 / Questions: 154
          Karma: 1101K
           
          Colleen
          Answers: 47270 / Questions: 115
          Karma: 953K
           
          country bumpkin
          Answers: 11322 / Questions: 160
          Karma: 838K
           
          Benthere
          Answers: 2392 / Questions: 30
          Karma: 760K
          > Top contributors chart
          452848
          questions
          719936
          answers
          756478
          users