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In What Order Should I Pay Off My Debts? A Rational Guide to the Debt Snowball, Debt Avalanche, and Other Considerations RPF0032

Radical Personal Finance

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Is Your Interest Rate Fixed?

If you can get forty three % savings on your interest rate, and if you can borrow money under reasonable terms, that does matter. I would heartily suggest, if you can ever re finance, always look to refinance your debt. Focus on the deductibility of the debt versus the non deductability. Sometimes a fixed rate mortgage will make sense. Sometimes a variable rate mortgage will makes sense. And sometimes just look at this andd figure out the interest rates,. Look at the fact if is this a secure debt or not.

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