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2. Common debt payment roadblocks and how to tackle them - AOL

   www.aol.com/finance/common-debt-payment...

   Let’s say you take on $5,000 in credit card debt with an 18 percent APR and a minimum payment of 1% of the balance plus interest – a starting payment of $125.

3. How to stick to your debt repayment plan - AOL

   www.aol.com/finance/stick-debt-repayment-plan...

   3. Budget for everything. Staying in the habit of budgeting will help you stay with your debt repayment plan. Tracking your spending will help you have enough money to make your payments. When you ...

4. How to use the debt avalanche payment strategy - AOL

   www.aol.com/finance/debt-avalanche-payment...

   How to use the debt avalanche method. You can get started with the debt avalanche method with a few simple steps. 1. List out your outstanding debts and set a budget. Consider all of the forms of ...

5. Breaking the generational cycle of debt - AOL

   www.aol.com/finance/breaking-generational-cycle...

   Once you have a payment plan, you can use a debt payoff calculator to see when you can expect to pay off your loan. Having a timeline will give you a goal to work towards and remind you that there ...

6. Debt snowball method - Wikipedia

   en.wikipedia.org/wiki/Debt_snowball_method

   The debt snowball method is a debt -reduction strategy, whereby one who owes on more than one account pays off the accounts starting with the smallest balances first, while paying the minimum payment on larger debts. Once the smallest debt is paid off, one proceeds to the next larger debt, and so forth, proceeding to the largest ones last. [1]

7. Amortization schedule - Wikipedia

   en.wikipedia.org/wiki/Amortization_schedule

   An amortization schedule is a table detailing each periodic payment on an amortizing loan (typically a mortgage ), as generated by an amortization calculator. [1] Amortization refers to the process of paying off a debt (often from a loan or mortgage) over time through regular payments. [2] A portion of each payment is for interest while the ...