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Tag: loan management

How to structure a debt repayment plan with multiple loans

To effectively manage multiple loans, prioritize by interest rates: tackle high-interest debts first. Create a budget, allocate extra funds to these, and consider consolidating for simplicity. Consistency and discipline are key.

How to Reduce Monthly Payments Without Refinancing

Cutting monthly payments without refinancing is possible by negotiating lower interest rates, adjusting payment schedules, or consolidating debts. Evaluate your budget, prioritize expenses, and explore available assistance programs for optimal savings.