Remove Budget Remove Credit Cards Remove Pay Off Debt Remove Shopping
article thumbnail

The Age Old Question: Should You Pay Off Debt or Save?

Penny Pinchin' Mom

The post The Age Old Question: Should You Pay Off Debt or Save? Should you pay off debt or save? So, you want to get started on debt repayment so you can focus on other financial goals? However, if you pay off these debts, there will be nothing left for investments in these tough financial times.

article thumbnail

Debt Consolidation Calculator | Bankrate

Savings Corner

Bankrate’s debt consolidation calculator is designed to help you determine if debt consolidation is the right move for you. Simply fill in your outstanding loan amounts, credit card balances and other debts. Debt consolidation is the process of combining several debts into one new loan.

Debt 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Average Personal Loan Interest Rates

Savings Corner

Personal loans are becoming more popular among people looking to consolidate debt and find lower interest rates than credit cards. The bottom line Average personal loan interest rates can vary depending on your credit score and other factors, but you do have some control. percent as of March 27, 2024.

Debt 52
article thumbnail

How to Achieve Your Financial Goals (tips from the achievers)

Family Balance Sheet

Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Chris and his wife made a financial goal to switch to an all cash lifestyle, instead of relying on credit cards. Their 2017 goal is to wipe away $30,000 from their mortgage to keep them on track to pay it off in 36 months.

article thumbnail

What Is A Personal Loan?

Savings Corner

Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms. Common reasons include paying off debt, financing a large purchase such as a vehicle or a boat, or covering the cost of a major expense like a wedding or a home renovation.

Debt 52
article thumbnail

Personal Loans: Compare Top Lenders, Rates

Savings Corner

Borrowers with good to excellent credit scores (690 and higher) typically get the lowest interest rates and can borrow larger amounts. They also have the most options when it comes to shopping for a loan. Those with fair to bad credit (scores below 690) may have to look a little harder and pay a higher rate for a personal loan.

Debt 40
article thumbnail

How Angela & Jeff paid off $58,000 of Debt in 2 Years

Family Balance Sheet

You can find Angela at her You Tube channel, Our Life…on a Budget , where she vlogs about getting out of debt and staying there! Angela & Jeff’s Debt Free Story. We had two student loans that still had balances, even though we’d already been paying on them for 10 years. Where are you from?

Debt 100