A couple of tips from "Debt-Free Forever" by Gail Vaz-Oxlade:
1. Did you know that everyone is allowed one free credit check per year for their personal use. This is a great idea so that you know were your credit stands and how you can improve it.
2. For those of you with multiple sources of debt. (First of all I recommend you read the book) Pay off the debt with the highest interest rate first (even if it is the largest debt). Make the minimum payments on the other debts and put all remaining money that you can afford to use for debt repayment towards the debt with the highest interest rate.
No comments:
Post a Comment