What are the best ways to get out of credit card debt?

+1 vote
asked Jul 2, 2017 in Credit by Gloria45398 (340 points)
What's the best way to get out of my credit card debt?

I have $2,000.00 in credit card debt that is getting hard for me to pay down. How can I get this credit card debt paid down?

1 Answer

0 votes
answered Jul 8, 2017 by Alexander2312 (230 points)
To get the balance on your credit card paid down it's best to stop using the card. At least until you can pay it off.

If you have too, sell some stuff you don't need and use the funds to pay on your credit card.

Always try to pay more than the minimum payment as paying the minimum payment usually only pays the interest part and you'll never get your credit card paid off.

Only credit cards in emergencies or when you know you can pay them off. Credit cards can destroy your credit rating if used incorrectly.

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