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Debt Snowball Method

By February 2011, they started eliminating credit cards with the smallest balance while continuing to pay the minimum on other debts. Once paid, they applied that money to the next debt and continued the process until all outstanding bills had been paid off—“the snowball plan” advised by Ramsey. The couple says the “quick wins” gave them a sense of accomplishment and the motivation to press forward.

Black Auto Dealers Using Uncommon Tactics to Keep Doors Open

Frantic acts are being played out among minority dealers across the country as they grapple with a two-pronged quagmire – a lack of credit to finance vehicle floor plans doubled by a lack of credit to get consumers in vehicles.

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