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2. 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 ...

3. Best debt relief options for credit card debt - AOL

   www.aol.com/finance/best-debt-relief-options...

   Bankruptcy. Bankruptcy is a legal process that provides relief from overwhelming debt by liquidating assets or creating a repayment plan. Chapter 7 bankruptcy is ideal for unsecured loans (such as ...

4. What are debt relief companies and how do they work? - AOL

   www.aol.com/finance/debt-relief-companies-look-3...

   Debt relief can take three forms: debt settlement, consolidation and management. Working with a debt management company can result in less debt or a faster payoff — but there are often hefty ...

5. Debt management plan - Wikipedia

   en.wikipedia.org/wiki/Debt_management_plan

   Debt management plan (DMP) is an agreement between a debtor and a creditor that addresses the terms of an outstanding debt. This commonly refers to a personal finance process of individuals addressing high consumer debt. Debt management plans help reduce outstanding, unsecured debts over time to

6. How to pay off credit card debt - AOL

   www.aol.com/finance/pay-off-credit-card-debt...

   2. Test the snowball method. With the snowball method, you pay off your debts from smallest to largest. Getting a debt paid off in the shortest time possible is a good motivator that could help ...

7. Refinancing risk - Wikipedia

   en.wikipedia.org/wiki/Refinancing_risk

   Refinancing risk, in banking and finance, is the possibility that a borrower cannot refinance by borrowing to repay existing debt. Many types of commercial lending incorporate balloon payments at the point of final maturity. The intention or assumption is often that the borrower will take out a new loan to pay the existing lenders.