Wednesday, August 5, 2009

What is the best way to get out of debt, mainly credit card?

income has went down, credit score in 660 range, debt to income very high



What is the best way to get out of debt, mainly credit card?

Keep paying your minimum payments on all cards, and pay any extra you can to the card with the highest APR.



Consider applying for a card with a zero percent balance transfer promotion and move all your balances to that one card and pay off as much as you can each month in the hopes that you%26#039;ve made a big dent in your debt before the promotion expires.



Get rid of the debt ASAP. Credit card interest rates are very steep and it%26#039;s worth sacrificing now rather than putting the pain off a little longer.



What is the best way to get out of debt, mainly credit card?

Pay Ur Bills!!!! It%26#039;s that easy



What is the best way to get out of debt, mainly credit card?

Have to cut/decrease spending while paying down debt.



What is the best way to get out of debt, mainly credit card?

put ur credit card onto one card that doesnt charge intrest for 6 months and pay as much off it off as you can per month...after 6 months move to another card and continue.



What is the best way to get out of debt, mainly credit card?

I did it the old fashioned way, I was $10,000 in debt. I moved to a smaller apartment in a less than desirable neighborhood. I hardly went out, cooked at home and bought clothes only as absolutely needed. It took almost 2 years but I am completely out of debt, own my condo in one of the nicest neighborhoods in my city. I also had a couple of zero balance transfer offers that really helped.



What is the best way to get out of debt, mainly credit card?

Borrow money with lower repayments and interest rates than your credit card. Pay off your credit card. Chop it into a million pieces...



THEN NEVER BUY ANYTHING YOU CAN%26#039;T AFFORD EVER AGAIN!!



What is the best way to get out of debt, mainly credit card?

Well you could ring the credit card company and try to get into a payment plan with them and ask them to cancel your credit cards until you can pay them off. You can offer them weekly payments. Also if you really want to get out of debt cut the cards up so that you are not tempted to use them. Other than that look for another job or find things u can sell on ebay and use the money from that to pay the debt



What is the best way to get out of debt, mainly credit card?

Get Married with a rich partner!!!



What is the best way to get out of debt, mainly credit card?

shred them. Pay at least twice the minimum, more if you can afford it, once a month.



What is the best way to get out of debt, mainly credit card?

Read Dave Ramsey%26#039;s Total Money Makeover and follow his debt snowball - it worked for me. Check it out at the library, don%26#039;t actually pay for it - save money.



What is the best way to get out of debt, mainly credit card?

Increase your Credit card payments. pay if off completely. Stop using the credit card.



What is the best way to get out of debt, mainly credit card?

You can lower your interest rates. Check my profile for a good website.



What is the best way to get out of debt, mainly credit card?

quit charging and pay at least the min and more if possible!!!

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