How to Play Defense on Your Debt—Even in an Economic Downturn

Matt Goren landscape
Kiplinger
October 22, 2020

With the COVID-19 pandemic forcing people to stay at home and spend less than normal, there could be opportunities to use that extra savings to pay down long-standing debts. But which approach to doing this, from refinancing debt to total repayment or even stretching out low-interest debt, is right for you?

Matt Goren, assistant professor of financial planning, takes a look at the pros and cons of all these options in his article for Kiplinger.

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