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Meet Doug & Laura. They Paid off $23,000 in 16 Months. | Debt Free Stories

Family Balance Sheet

Welcome to Debt Free Stories. Together they paid off $23,000 in 16 months. My wife is in sales for a software company and I am a fundraiser for a local non-profit that helps the homeless. How much debt did you pay off? What kind of debt was it? The debt consisted of my student loans and a car loan.

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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

Family Balance Sheet

Today’s Debt Free Story is from Amanda & Daniel. Together they blog about becoming debt free and location independence in order to serve the world at Life with a Mission. How much debt did you pay off? What kind of debt was it? We paid off $68,000 of debt in eight months.

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5 Ways to Reduce Your Debt

Prairie Eco-Thrifter

Are you currently in debt? Are you feeing overwhelmed with the number of bills or creditors you have to pay off? Like many of us who have previously been in debt, I know how difficult financial management can be. You can do it; financial freedom is possible; you just need to the right toolkit. Consider consolidating.

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What Is A Personal Loan?

Savings Corner

Key takeaways A personal loan is money you can borrow to finance large purchases, consolidate debt, invest in yourself or cover emergency expenses. Working to improve your credit score and reduce your debt-to-income ratio before applying can help get you the best loan terms.

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What Is A Home Equity Loan?

Savings Corner

Key takeaways A home equity loan allows you to borrow a lump sum against your home’s equity, usually at a fixed interest rate that’s lower than other forms of consumer debt. While high compared to their average of six percent in 2022, that’s significantly lower than other forms of consumer debt. What is a home equity loan?

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Personal Loans: Compare Top Lenders, Rates

Savings Corner

To qualify you, lenders look at factors including your credit score, credit report and debt-to-income ratio. 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. Borrow money to consolidate debt if it means you’ll get out of debt more quickly.

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How We Paid off Six Figures of Debt

Family Balance Sheet

It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. How we got to six figures of non-mortgage debt: In the summer of 2012, we found an opportunity to purchase an office building for our small business. After the first year, the new business debt weighed on me.

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