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The fastest way to get out of debt is to stop unnecessary spending and start paying off the smaller debts first and work your way to the larger ones. Using a monthly budget book or computer software program will help keep you in check.
Wiki User
∙ 12y ago
The fastest way to get out of debt is to increase your income, reduce your expenses, and prioritize paying off high-interest debts first. Creating a budget, negotiating lower interest rates, and considering debt consolidation or balance transfers can also help accelerate the debt repayment process.
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