Tips to get out of Credit Card Debt

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Tips to get out of Credit Card Debt

Postby ManilaGurL on November 23rd, 2007, 10:40 pm

Why don't we all share here some tips on how to successfully get out of credit card debt?

I know one thing for sure is to stop using your credit card if you're no longer able to pay your debts. And don't even think of getting a new card to pay for the other card. The more it will give you headaches.
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Re: Tips to get out of Credit Card Debt

Postby whitemusk on November 24th, 2007, 1:52 am

One thing I can share is to pay on time. So that the interest not too high. Otherwise, the accumulate values of dept plus the interest itself make it worst.
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Re: Tips to get out of Credit Card Debt

Postby gscs on November 24th, 2007, 4:01 am

Yes. I am totally agree. We should spend for the thing we need like my case, most of the time I spent for paying phone and electricity bill. I use this also for paying my car's fuel. I don't simply purchase using my credit card.
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Re: Tips to get out of Credit Card Debt

Postby ValleyMan on November 24th, 2007, 12:19 pm

I just purchase with my card. I think it's best not to overdue the payments. I don't plan on doing that no matter what
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Re: Tips to get out of Credit Card Debt

Postby geb9696 on November 26th, 2007, 1:06 am

My tips to getting out of credit card debt would be make sure you pay on time and always try to pay more then the minium payment. The faster you repay the money you owe the less money you are throwing away trying to repay interest.
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