Use a Lump Sum to Pay Down Debt [1]
One important thing to keep in mind is that, in addition to reducing the amount of interest paid on the debt, you will also repay the debt sooner, freeing up extra cash at the end.
One important thing to keep in mind is that, in addition to reducing the amount of interest paid on the debt, you will also repay the debt sooner, freeing up extra cash at the end.
Links
[1] https://www.fintactix.com/quonticbank/tools/debt/d05
