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How To Get A Business Loan In 6 Steps

Savings Corner

Lenders set their own qualifications for business loans, including time in business, personal and business credit score, annual revenue and collateral. You’ll also need to make sure that you meet the lender’s requirements for credit score, time in business and cash flow, ensuring that your business can easily handle loan repayments.

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

Family Balance Sheet

We paid off $68,000 of debt in eight months. The debt included about $30,000 in student loans, some medical debt, IRS debt, and a small amount on a credit card. What inspired you to get debt free? We have always loved to travel and do missions work for our church. Was there a particular event?

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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. The interest rate you receive on a home equity loan (as with other loans) will vary depending on your lender, credit score, income and other factors.

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

Family Balance Sheet

Their 2017 goal is to boost their savings rate and get their expenses down to $30,000 a year as they work towards financial independence. Maureen eliminated $79,000 of credit card and student loan debt less than 3 years. Their 2017 goal is to wipe away $30,000 from their mortgage to keep them on track to pay it off in 36 months.

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How Krystal and Josh paid off $80k in 4 years!

Family Balance Sheet

works in outbound sales, and I teach part-time. We have a huge heart for missions work. It took us four years, but we paid off over $80,000 of debt! We are debt. medical bills, a small credit card, both of our cars, and student loans. We tackled our small credit card balance, then our.

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20 Tips for Frugal Living

For the Mommas

You can use the difference in income to pay off debt, save or invest. If you need to earn less, this allows you to choose to work less, or work more but retire early. Shop around at garage sales, thrift stores and online classifieds for furniture and other household items. Brown bag it to work.

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Meet Carrie. She Paid Off $14,000 in Debt in 14 Months.

Family Balance Sheet

After nearly a decade of working my way up the career ladder, I quit my small business accounting job to start my blog, Careful Cents. My husband is a personal chef, so he travels a lot for work and moves around the country to learn new styles of cooking. How much debt did you pay off? What kind of debt was it?

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