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LPT: If you have a loan, make separate “principal-only” payments to get out of debt much faster (and cheaper).
LPT: If you have a loan, make separate "principal-only" payments to get out of debt much faster (and cheaper). Hey guys, financial services industry professional here and former banker. Given the state of our economy and the financial pressure most families are facing, I thought this might be good knowledge to share since it's not talked about often. If you have a fixed-rate amortized loan (scheduled payments over a fixed period of time) you can get out ...
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