Are you tired of making payments to your credit cards and don't see any changes? To pay off credit card debt easy and fast try the following:
1) Make a list of all credit cards and include the balance, interest payments and minimum payment. Then, call your credit card company and ask them to reduce the interest rate. If they say NO, initially try again next month and every month until they reduce it. If you had paid your bills on time and never incurred a late fee they usually reduce your interest rate. A reduction in your interest rate will help you pay off your credit cards quicker because more money will be going towards the principal now.
2) Make your payments weekly or bi-weekly. STOP paying your bill once a month. Making weekly payments is like making an extra payment. Bi-weekly payments is like making 13 monthly payments a year instead of 12 monthly payments.
3) Pay off your highest interest rate card first. Instead of paying off the lower balance card- pay off the card with the highest interest rate. This will save you money in the long run.
4) Stop spending NOW! You just have to stop spending money and use that extra money you spend to pay off your credit card debt. Instead of buying that coffee put that extra $5 towards paying off your debt.
5) Get a second job. You can baby sit, wash cars, house cleaning or wait tables. Let all your family, friends, neighbors and co-workers know you are looking for a second job.
6) Sell something you don't need or use. You can sell clothes, cameras, computers, etc on Ebay, Craigslist or have a garage sale.
Lastly, have faith that you can do it and make an effort to start today. Good luck!
