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Mark Cuban explains how to make a 16% guaranteed return

Yes, you read that right. You could be getting a 16% return on your money right now, and it’s not that hard to do.

As Mark Cuban, the “Shark Tank” star, billionaire entrepreneur, and NBA franchise owner explains, just pay off your debts.

Americans carry an enormous amount of personal debt. The personal finance site NerdWallet put our revolving credit card balance at $420.22 billion in late 2018.

That’s not considering total credit card debt, which is $944 billion, or the multiple trillions in mortgage, auto and student loan debt. The revolving number is just the credit card debt we carry from month to month.

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