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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. Paying off debt in tough financial times - AOL

    www.aol.com/finance/paying-off-debt-tough...

    For example, a $1,000 credit card balance with a $25 minimum payment would take you 87 months – for over seven years – to pay off, costing you $1,172 in interest alone. Paying off your balance ...

  6. Paying off debt early: Advantages and disadvantages - AOL

    www.aol.com/finance/paying-off-debt-early...

    5 advantages of paying off debt early. There are several advantages to paying off your debt early, and almost all of them translate into more money in your pocket each month and more financial ...

  7. 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 ...

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