Mark All Debts Paid Off
Logged-in MoneySwell users can check this off their personal financial action plan! << Pay Off Debts More Quickly Checklist Well done! If you have multiple “other” debts, use [...]
Make Update with Lender(s)
Adding an extra principal payment shouldn't take more than a minute through your lender's website. << Pay Off Debts More Quickly Checklist Add An Extra Payment Go to [...]
Determine Extra Payment Amount(s)
Your additional payment can either be set up as a new payment or it can be an addition to and older one. To determine the amount you can afford, use the MoneySwell Cashflow [...]
Pay Off Debts More Quickly Checklist
Complete the tasks below to pay of your "Other Debts" more quickly. Logged-in MoneySwell users should check these tasks off as they complete them. Complete the Tasks If [...]
Pay Off Other Debts OR Setup Your Investments
Decide if you’re going to use your extra cash to pay down debt more quickly, invest it, or do a little of both. Add either the Pay Off Debts More Quickly checklist or [...]
Should I Pay Off Debt or Invest?
If you want to calculate whether you should use extra cash to pay off your debts faster than required, or invest that extra cash, follow the steps below. [...]
Understanding “Other” Debt
Tally up any final sources of debt you may have. For interest-bearing debt where you have the ability to pay it off faster than required, calculate the potential financial impact of investing your [...]
What is High-interest Debt?
High-interest debt is generally considered any debt with a double digit annual interest rate (e.g. 10% or greater). The most common type is credit card debt but personal loans, private student loans, auto [...]
Set Up Automatic Debt Payoff Plans
Do one of the following: Set Up from Lender: Go to your lender’s website and provide the necessary information for your lender to withdraw your regular payment from your other account. (Typically you’ll [...]
Calculate Your Medium-interest Debt Payoff Date
In the notes box above (for logged-in users), write down your medium-interest debts, calculate your payoff dates using the links blow, and write down the payoff dates next to each debt. Loans with [...]
in Boulder and San Diego.