Pay off Credit Card Debt

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Credit card debt happens. Now what?

Rounding it up

  • So you have some credit card debt and want to teach yourself how to get out of it. First, build up a cushion of cash to avoid putting any more charges on those credit cards.

  • Also check whether you can use low-interest debt to pay off some of your high-interest debt.

  • Then, pick a method to start tackling your debt. You can pay off the smaller debts first, or go in order of highest to lowest interest rate.

  • If you’re feeling really stuck, you can look into a consumer proposal or work with a nonprofit credit counselling agency. Remember, you have options!

3 min read

Anne T. Donahue
#debt#credit card#interest#repaying

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