The Top 3 Debt Payment Methods If You Have a Lot of Debt

debt repayment methods

There are tons of “experts” out there that like to spout their “wisdom” on paying off debt. Some say you should:

start paying on the debt with the highest interest rate others say you should start by paying off the smallest debt some swear by debt consolidation while still others tell you to keep your “good” debt and invest your money instead!

With all the different advice, it can get downright confusing! And with all of this head-scratching confusion, you typically end up doing absolutely nothing and your debt stays just as big as ever!

We’re going to help you out here. Instead of talking about a million different debt payment methods, we’re going to explain the best three. Stop worrying about the rest.

Related: Researchers Say the Snowball Method is the Best for Paying Off Debt

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