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    n, it’s just a case of throwing everything you can at the debt with the highest APR (provided you can still make the minimum payments
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    One of the best ways to speed up the repayment of your debts is to focus your attention on paying off the loans that carry the highest rate of interest first. Get rid of the debts that cost you most to service.

    Here’s what to do. Compare the interest rate on each of your loans and repay those with the highest rate first. The only way to do this is to look at the rate of APR on each of your debts. That’s the only way to decide which debt is more expensive. If you’re unsure, check your loan agreement or ask the lender.

    Then, it’s just a case of throwing everything you can at the debt with the highest APR (provided you can still make the minimum payments o

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    rate of interest first. Get rid of the debts that cost you most to service.

    Here’s what to do. Compare the interest rate on each of your loans and repay those with the highest rate first. The only way to do this is to look at the rate of APR on each of your debts. That’s the only way to decide which debt is more expensive. If you’re unsure, check your loan agreement or ask the lender.

    Then, it’s just a case of throwing everything you can at the debt with the highest APR (provided you can still make the minimum payments

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    of your loans and repay those with the highest rate first. The only way to do this is to look at the rate of APR on each of your debts. That’s the only way to decide which debt is more expensive. If you’re unsure, check your loan agreement or ask the lender.

    Then, it’s just a case of throwing everything you can at the debt with the highest APR (provided you can still make the minimum payments

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    s. That’s the only way to decide which debt is more expensive. If you’re unsure, check your loan agreement or ask the lender.

    Then, it’s just a case of throwing everything you can at the debt with the highest APR (provided you can still make the minimum payments

    Strategy and Trend Alignment
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    n, it’s just a case of throwing everything you can at the debt with the highest APR (provided you can still make the minimum payments on your other debts).

    Then move on to the next most expensive debt, and wipe it out. Then focus on the next most expensive, and the next, and the next, until you’re entirely debt free!

    This means that you should normally aim to pay them off in the following order.

    • Store cards, catalogue accounts and other hire purchase agreements
    • Overdrafts
    • Credit cards
    • Personal loans/Car loan
    • Mortgages and other secured borrowing

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