What is the best and fastest way to get rid of credit card debt?

Honestly, the only way is to write a check for the full amount you owe and pay it off.

What is the best and fastest way to get rid of credit card debt?

Only if you want to...I have a site link on my profile page that can help you.

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What is the best and fastest way to get rid of credit card debt?

Take out a low interest loan that will be enough to pay off all your credit cards. If you own a home you can take out equity from your home.

What is the best and fastest way to get rid of credit card debt?

-Cut up your cards

-Arrange your balances (smallest to largest)

-Pay minimum due on all but the smallest balance, to which you send every penny you can muster up until it%26#039;s gone. Sell stuff, get an extra job, deliver pizzas....

-Repeat as necessary

This is basically Dave Ramsey%26#039;s %26quot;debt snowball%26quot;; the APR%26#039;s don%26#039;t really matter, the goal is to get you to your first %26quot;sigh of relief%26quot; that a debt is gone ASAP. It soon becomes a habit...

Good luck!

What is the best and fastest way to get rid of credit card debt?

stop buys things you want and only things you absolutly need then you%26#039;ll have more money to pay for the debt

What is the best and fastest way to get rid of credit card debt?

write a check and pay it. Seriously, what you need to do is look at all your credit cards (if you have more than 1) and pay off the higher interest ones first, and then the lower interest ones after that. Then, consider what you are buying before you buy it, do you really %26quot;need it%26quot;, or is it just something that you%26#039;d %26quot;like to have%26quot;? And only buy the things you %26quot;need%26quot;. Then, you%26#039;ll not only pay off your credit card debt, but also be able to put money aside into savings/investments. The only bad thing is, I%26#039;m a better sayer than I am a doer, I don%26#039;t practice what I am preaching here.

What is the best and fastest way to get rid of credit card debt?

Call each lender and get a lower APR, and/or consolidate the debt into the one with the lowest rate by balance transfers or calling the issuer if owned by the same bank.

Get a home equity or home equity line of credit and pay off the credit card debt.

Refinance your house and get cash out if the interest rate is lower.

Get a personal loan and pay the debt.

Pay the highest interest ones first and then the next...Don%26#039;t use the cards while you are in this process. Pay cash or use your debit cards. Tapping a 401k is not a good move since you will have tax consequences if you do not pay it back.

What is the best and fastest way to get rid of credit card debt?

Pay it off. You signed a contract when you got the credit card, and that contract said you promised to pay it.

So pay as much as you possibly can on it, every month, on time. Stop charging anything to the card - pay cash instead. If you don%26#039;t have cash, don%26#039;t buy it.

Stop buying non-essential things, too. This means beer, cigarettes, lottery tickets, booze, drugs, and so on. And forget about going out on Friday or Saturday night (or any other night) with friends. You can%26#039;t afford it. Go to the library and check out a movie, or get one from the local DVD rental shop. Put that money towards the credit card instead.

If you have more than one card, list all the cards and their balances, and whether they are overdue or not. Sort them according to whether they are overdue or not, and then by the balance. Pay the minimum amount on all of them except the one with the smallest overdue balance, and put every single nickel you can towards that one until it%26#039;s paid off. Then go to the next highest overdue balance, and do the same. When you run out of overdue accounts, start on the others.

Finally, think hard about getting a 2nd job until you%26#039;re debt-free.

What is the best and fastest way to get rid of credit card debt?

Best way is to pay it off. The fastest way is to file Bankruptcy. No matter what anyone says a bankruptcy will hang over you forever.Those companies that say %26quot;we can get you out of credit card debt%26quot; are nothing but trouble.

What is the best and fastest way to get rid of credit card debt?

Run this debt elimination calculator then follow the monthly payment schedule (click the %26#039;Show Amortization%26#039; box). It uses the same principles that debt counseling services use to pay off the debt.

http://debt.bizcalcs.com/Calculator.asp?...

There are some other calculators here that can help you pay a credit card by selecting when you want it paid, or by paying a set amount each month instead of the minimum.

http://debt.bizcalcs.com/