Multiple Loan Payment Optimization How To

This brief video explains the most efficient way to pay off multiple loans of varying amounts and interest rates. A spreadsheet (see video for a link to the spreadsheet) http://bit.ly/P4LxwZ allowing for up to 10 loans is used to optimize loan repayment. In this example, I use a Mortgage, Student Loan, and some credit card debt.

The main message is that it is always best to apply any "extra" money towards the loan with the highest interest rate. (assuming all interest rates are fixed).

To...

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From: PrerequisiteName

Related topics : mortgage loan rate of interest / student loan debt credit card / interest rates loan

home equity loans explained

What is a home equity loan?

A home equity loan is secured by your home and enables you to access your available equity layer in the form of a single payout and a fixed interest rate with fixed monthly payments. Unlike a home equity line of credit (HELOC), your home equity loan proceeds are paid out as a one-time lump sum, and you can't borrow funds on the loan again, even if you repay them.

Home equity loans could be a good way to pay for home improvements or other large expenses, or to...

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From: home equity loans

Related topics : line of credit home equity loan rates / equity loans / line of credit loans near me / secured loan credit

euronews reporter - America's generation debt

http://www.euronews.com/ In the United States, university students graduate with an average of 25,000 dollars of debt.

Today, half of those graduates are either unemployed or underemployed. Many are unable to pay back their loans. National student debt stands at one trillion dollars, that's more than credit card debt.

For this generation, there is a feeling of déjà vu, of injustice. They feel that during the subprime crisis the banks got bailed out, but students who borrowed money to get...

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From: euronews (in English)

Related topics : student loan debt credit card

Secured Car Title Loans - Get Cash Back

http://www.fleetautofinance.com - Fleet Financial now offers secured auto title loans in an exciting way to help you pay off credit card debt, make home improvements, or take the trip you have being dreaming of - http://www.fleetautofinance.com

Secured Car Title Loans - Get a secured car title loan - Fleet Financial - USA

http://fleetautofinance.com/products/cashback/

By refinancing your car with Fleet Financial, you can qualify for up to $10,000 cash back. This is a low risk way to borrow...

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From: iLendingDIRECT

Related topics : secured loan car title / loan car title for cash / loan auto title / get a car loan with no credit / loan pay credit card debt

Secured vs. Unsecured Debt - Can I Keep My Car / House?

Secured Debt is debt where the lender/creditor is given a security interest (i.e. right of repossession or foreclosure) in certain property of the debtor (called "collateral") in case the Debtor does not pay back the loan. The grant of the security interest to the lender/creditor usually must be in writing. In bankruptcy, the most common secured debt is debt that was borrowed specifically to buy a particular asset such as a car or a house. Unsecured debt is any debt that is not secured. By...

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From: Joe Fulwiler

Related topics : loan pay credit card debt

College grads to pay double the interest on student loans?

All across America college grads are struggling to find work and this is leaving many of them questioning whether the price of higher education was worth it. Student debt has recently surpassed credit card debt and that number may increase more rapidly than expected. Interest rates on government subsidized loans are set to double by July First if Congress doesn't act soon. Rae Ann Roca, founder of Loan Reform Now, fills us in on the matter.

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From: RT America

Related topics : student loan debt credit card / subsidized loan interest rate

How to Own Real Estate Without ANY Mortgage!

Learn sneaky secrets how to pay off mortgages fast!

After the video fill out a feedback form here http://survey.constantcontact.com/survey/a07e8hdmxedhnoujmva/start

Link: http://survey.constantcontact.com/survey/a07e8hdmxedhnoujmva/start

You will see how an ordinary individual increased her average monthly cash flow by 500% in less than 3 years.

Nearly $50,000 in auto loans and credit card debt were paid off in that same 3 year time frame.

You will learn ways to buy and pay off...

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From: Jerome Depner

Related topics : loan pay credit card debt

401k Vs Debt

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Find out more about this at our website http://www.everythinginvestments.com

The majority of Americans with 401(k)s are also accumulating debt. Three out of five Americans with a 401k also have balances on their credit cards, mortgages, and installment loans.

So not only is Wall Street making money off the 401k Fees, they are also making a killing lending money out to people who have less cash due to their 401k contributions and...

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From: Everything Investments

Related topics : 401k loan credit card debt

Excel Finance Trick #8: Complete Loan Analysis

See how to use the PMT and RATE functions for a complete Debt/Loan Analysis.

Debt Analysis with input variables: % Down Payment, APR, Years, Points, Extra Fee. See how to calculate Amount to Borrow, Monthly Payment, Actual Cash Received, Adjusted APR, and PMT w Balloon Payment.

In This Series learn 17 amazing Finance Tricks. Learn about the PMT, PV, FV, NPER, RATE, SLN, DB, EFFECT, NOMINAL, NPV, XNPV, and the CUMIPMT functions that can make your financing tasks much easier in Excel. See...

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From: ExcelIsFun

Related topics : interest rates loan / loan calculator rate / calculating loan payments in excel

Dec 29: Can a Debt Consolidation Loan Save you Money

Ron Siegel of Anaheim Hills CA will discuss current events, financial markets, politics, and even poking fun at the rest of the media in a live radio broadcast from Anaheim CA.

Ron will discuss: It’s National Pepper Pot Day; Thinking of Selling Your Home, Get Ready to Negotiate; How Can a Debt Consolidation Loan Help with Financial Plan; What is your Household Blended Interest Rate; 5 Financial New Year’s Resolutions You Can Actually Keep; How to Manage Your Taxable Receipts; When Is the...

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From: Ron Siegel

Related topics : debt consolidation loan interest rates / consolidation debt home loan