6 ways to get out of debt, stat

So what’s the fastest way to pay off student loans? There’s no one  right answer, but these tips could help you hasten repayment so you can  focus on other financial goals.

One of the most effective ways to get ahead of student loan debt is to pay more than the monthly minimum.

Putting Extra Toward the Principal

Medium Brush Stroke

Making a Lump Sum Payment

If making extra monthly payments to your student loans is out of the question, consider making a lump sum payment.

Finding a Side Hustle

If you’re still searching for how to pay off student debt faster, you  could try finding an additional source of income and putting that money  toward debt.

Medium Brush Stroke

You could speed up loan repayment if you can find a way to have someone else contribute.

Getting Help Paying Off Your Loan

SWIPE UP NOW TO READ MORE!

Finding a financial advisor doesn’t have to be hard. SmartAsset’s free quiz matches you with fiduciary financial advisors in your area or who serve your area. If you are ready to be matched with financial advisors that can help you achieve your financial goals, take the quiz now.