Tip with helping with Credit Card  |
|
 "I had reached the limit on my credit card and every month I paid the minimum plus a little bit, but somehow, by the next month, I had reached the limit once again. I began to think I would never be able to get the rotten thing paid off until I came up with this strategy.
"Every month I started going to the bank and making the minimum repayment plus $100. While I was there I filled out a form to apply for a reduction in my credit limit and reduced my limit by $100. There was no way I could re-spend the $100 because it was no longer available.
"So each month my limit went down by $100 till it eventually got to $400 - a nice safe trouble-free level. Then I continued to pay it off until it was gone. I recall having a small celebration at that time!
"If you have been having trouble with your credit card debt I hope you can use this strategy to take control of it."
| |
| |
|
|
|
|
|
|
|
|
|
|
#1 Debt Settlement, Debt Consolidation Consolidate and Reduce Debts up to 60%,Lower Monthly Payments. www.50kdebt.com | add comment |
|
|
|
2.  BittyBiddy (1083) | 3 years ago |  I'll add another tip onto yours. Transfer the balance from your present card onto a 0% credit card. Most companies will offer 0% interest for six months if you transfer the balance over. Cancel the first credit card and then you'll have six months interest free to pay off some of that balance.
| |
| |
|
|
|
Instant Credit Card For Bad Credit Apply Now. Approval In 60 Seconds newmillennium.com | add comment |
|
|
|
| 3. gabs8513 (19149) | 3 years ago |  Well I am glad that I do not have them anymore as the ex certainly had a high Life while we had them on the Social Life I had to get money of there to feed us as he always wanted money to go out so of course you can guess the rest well that was one Debt he was not able to put on me as it was on his Name only not like the others which where on both our Names
| |
| |
|
|
|
Too Much Credit Card Debt? Eliminate Credit Card Payments. Cut Your Rate In 1/2. Free Quote. HowMuchCouldYouSave.com | add comment |
|
|
|
4.  wiessied (768) | 3 years ago |  I dont use credit cards i had a max out problem once,I stick with my debit card now at least i know its not borrowed money and i wont over due it
| |
| |
|
|
|
Eliminate Credit Card Debt Start Putting More Money In Your Pocket. Become Debt Free. forgivecreditcarddebt.com | add comment |
|
|
|
| 5. milott (2553) | 3 years ago |  Yes, this has been a proven and tested method to get off the credit card debt sooner, if you have lots of amount pending to be paid off. Instead of paying only the minimum amount due, we should pay a bit more higher than that amount, as you did. If possible we should try to pay the amount fully to avoid further debt trap and do you know that the interest that the credit card companies charge are the highest among any other options. They charge around 40% per annum, which is staggering to know and the best way to avoid is to limit your credit card usage and if used you should pay it fully if possible to avoid interests.
| |
| |
|
|
|
Credit Card Solutions Find a credit card to meet your needs. Apply Now. www.1creditcardapply.com | add comment |
|
|
|
|
|
|
|
