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Find out how Jessica & Her Husband Paid off $175,000 of Debt

Family Balance Sheet

Today’s Debt Free Story is from Jessica. My husband and I own our wedding photography business called Blue Vinyl Photography that we have been running together for the past 5 years! How much debt did you pay off? What kind of debt was it? Total, we paid off $175K in 2 years!! Where are you from?

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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. Here are some of the most common applications.

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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. Weddings : Using a personal loan to pay for your wedding can help you stick to a budget.

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The Financial Effects of Marriage

Saving Cents With Sense

Before getting married, you’ve likely researched the financial questions you should ask each other, but do you know how your wedding will affect your finances once the “I dos” are said and the wedding certificate is signed? Paying Off Debt. Health Insurance Concerns. Community Property Laws.

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