One of the biggest hurdles that many individuals and families face on the path to financial independence is digging out from credit card debt. It doesn’t take long for the balances on multiple credit cards to climb to the point where just the interest charges can amount to several hundred dollars per month. When the first few hundred dollars you pay each month do nothing to reduce your indebtedness, it’s time to come up with a plan to reduce that credit card debt.
While it’s generally not difficult to come up with a plan to lower the credit card balances,... Articles Tagged ‘payoff credit card’
Stick to a Plan of Reducing Credit Card Debt
One of the biggest hurdles that many individuals and families face on the path to financial independence is digging out from credit card debt. It doesn’t take long for the balances on multiple credit cards to climb to the point where just the interest charges can amount to several hundred dollars per month. When the first few hundred dollars you pay each month do nothing to reduce your indebtedness, it’s time to come up with a plan to reduce that credit card debt.
While it’s generally not difficult to come up with a plan to lower the credit card balances,...
Tuesday, May 8th, 2012
One of the biggest hurdles that many individuals and families face on the path to financial independence is digging out from credit card debt. It doesn’t take long for the balances on multiple credit cards to climb to the point where just the interest charges can amount to several hundred dollars per month. When the first few hundred dollars you pay each month do nothing to reduce your indebtedness, it’s time to come up with a plan to reduce that credit card debt.
While it’s generally not difficult to come up with a plan to lower the credit card balances,... Pay Down Your Credit Card Balances
The credit card is one of the most popular inventions of the 20th century. It made it possible for consumers to buy what they wanted when they wanted it without worrying about paying for it right away. But with that convenience comes a price. The longer it takes you to repay the amount you borrowed, the more the credit card company makes, and the more money you pay for that convenience.
Credit card companies are laughing all the way to the bank, because many borrowers tend to take their sweet time paying off their balances. That means more money for...
Monday, June 27th, 2011
The credit card is one of the most popular inventions of the 20th century. It made it possible for consumers to buy what they wanted when they wanted it without worrying about paying for it right away. But with that convenience comes a price. The longer it takes you to repay the amount you borrowed, the more the credit card company makes, and the more money you pay for that convenience.
Credit card companies are laughing all the way to the bank, because many borrowers tend to take their sweet time paying off their balances. That means more money for... 
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