Question

Which question would be best to ask before reading the rest of this passage?
What excuses are made?
Why is the interest rate so important?
Why is it better to pay off debt now rather than later?
What happens if you do not reduce your debt now?
@WhisperZ @dcknox123 @Wolfboy

Answer 1

Reduce That Debt

It sounds very cliché to say, but now is the time for all good debtors to begin reducing that debt. Of course, I suppose that a “good debtor” has not allowed the debt to take over and is well in control. The point I am making here is that when we are talking about anything involving interest, like credit card debt and loans, time is very important. Every day the debt grows. Even if you are making your payments, it is fighting back against you.

Every time the interest is posted, you have either taken a step to reduce your debt, or you have missed an opportunity to do so. Putting off your debt reduction costs you money in the form of higher interest charges every month. You have done research, you have checked the debt reduction calculators, and you have even come up with a plan in your mind, but if you have not started yet, you have wasted your time. I have heard many excuses from people who are waiting for a better time to start reducing their debt....

Answer 2

What happens if you do not reduce your debt now?

Answer 3

i second this bacon

Answer 4

Hmmm I would say either that or the one before it

Answer 5

Becuase it talks about the problems that comes with missing out on paying off your debt

Answer 6

Not just that you should pay it

Answer 7

and Why is it better to pay off debt now rather than later? Makes sense because of the stature