Assuming you have credit card debt with multiple credit cards, the way you can see progress and get some positive reinforcement is to list your credit cards from lowest balance to highest. Make minimum payments on the higher balance cards and make the maximum payments you can on the lower balance
card. When you pay it off, give yourself a GOOD reward, just don't pay for it with a credit card! Next, do the same thing with the higher balance card(s). If you have two cards with similar balances, pay off the one with the higher interest rate first.
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I have about $40,000 in credit card debt, yet I was still using my credit cards. I know- not very smart. This week, I decided to get smart. I shredded all of my credit cards! It felt great and now I know that I am literally unable to add to my credit card debt! I will continue to pay my bills on time and try to pay more than the minimum due. 410
I always find SOMETHING I think is cute, but remind myself, "Do I really need it, or would I rather spend money on more important things?" (like paying down my credit card debt or saving for kids college education)
Also, I have a list of things I buy that I really can't resist, and look at every so often to think to myself "I could of spent that towards paying off my credit card".
I also don't use credit cards anymore. If I can't pay for it with cash, then I can't afford it!
After U pay off UR credit card debt, 1 of the things the Big Three Credit Bureaus won't tell U is that if U close all of UR cards, it actually hurts UR credit score. The reason 4 that is their computers show U with no open credit, therefore U must not be credit worthy. Another thing they won't tell
U is that if U don't use UR cards U won't get those 'Paid as Agreed' reports. U'll get a 'No Credit Used' report. On a monthly basis, U should use both credit cards 4 something U pay every month, a gas or phone bill, then @ the end of the month pay off all but $5 2 get a 'Paid as Agreed' report.
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