If you can’t write a check, you don’t have the resources like a 401k or equity in a home to pay off your debt, what can you do? Most people out there are just making minimum monthly payments, exactly what the banks want them to do. The average client I deal with these days has [...]
Do you have any kind of lump sum to put towards paying off your debt? If you’re even a little bit concerned about your cash flow right now because it’s limiting some of your debt relief options, then you may be curious how many of my debt free clients discovered a variety of creative ways [...]
Instead of paying off your debt with a lump sum check, here’s another accelerated debt relief option which may be the next best thing. It’s promoted by David Bach, Dave Ramsey or Steve Smith; pretty much any financial guru out there. It’s called an “accelerated debt pay off plan”, and goes by many names: “margin [...]
The first option you have is to whip out a check and pay it off, but if you’re reading this now that’s probably not an option you can pursue. There are possibilities you may not have thought of. You may be able to borrow against a 401k. You may be able to pull money out [...]
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