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    What is the best way to begin paying off debts

    total debt of $30 - $40K

    0  Views: 224 Answers: 2 Posted: 12 years ago

    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.
    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.


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