| Home | Free Articles for Your Site | Submit an Article | Advertise | Link to Us | Search | Contact Us |
This site is an archive of old articles

    SEARCH ARTICLES
    Custom Search


vertical line

Article Surfing Archive



10 Steps To Tackle Credit Card Debt Problems - Articles Surfing

Looking for a solution to your Credit card debt problem ?

First of all you need to know you are not alone when it comes to fighting the credit card debt problem. So take comfort in recognizing you are one of many. In fact chances are, that there are plenty of others, that have a far worse credit card debt problem than you, and just like you, they are all looking to eliminate the credit card debt problem. Wondering what the secret is to your credit card debt problem ?

The solution goes like this ' tackle your credit card debt problem full on and with all you've got. Don't stop until you've won back your freedom from debt.

Now how do you do that ? Actually there are plenty of ways to attack your credit card debt problem. Different individuals will suggest tackling your credit card debt problem different ways, but here is a simple method to get rid of your credit card debt problem.

1. Start by taking stock of your own situation. It's time to make a list using the following fields ' the name of the credit card; the balance owing; the date payment is due; the Annual Percentage Rate (APR); any rewards points earned/used.

2. Now you need to fill in the data for your table for all your credit cards, giving you an up to date snap shot of where you stand.

3. Figure out which credit card has the highest APR, the highest outstanding balance, or anything else that needs to be noted.

4. Check to see if you can use any of your reward points as a partial payment, for any fees incurred. If you can trade off points you save some money.

5. Draw a comparison table of the offers that are available to eliminate your credit card debt problems. For example balance transfer or loan consolidation.

6. Start by eliminating debt on the credit card that is contributing the most to your credit card debt problem.

7. Put most of your debt on the Credit Card with the lowest APR, so you pay less interest on your Credit Card Debt.

8. Start to practice controlled spending habits buying only items that you need, which will definitely help with your credit card problem.

9. Always look for other ways to add to your income, because that extra income means a reduced credit card debt problem.

10. See your debt reduced over time and when the moment comes, that you have put an end to your credit card debt problem make sure that you celebrate.

The above 10 step plan is just one solution to your credit card debt problem. You might come up with your own plan that works great for you in reducing your credit card debt problem. Any method is excellent if it meets the objective of taking care of your credit card debt problem.

Submitted by:

Morten Hansen

Morten Hansen has been focused on the Credit Card Debts area for several years and is mainly writing about subjects, that make it easier for people to understand the different issues about Credit Card Debt. For more details about Credit Card Debt visit our website http://www.CreditCardDebts4you.com



        RELATED SITES






https://articlesurfing.org/finances/10_steps_to_tackle_credit_card_debt_problems.html

Copyright © 1995 - Photius Coutsoukis (All Rights Reserved).










ARTICLE CATEGORIES

Aging
Arts and Crafts
Auto and Trucks
Automotive
Business
Business and Finance
Cancer Survival
Career
Classifieds
Computers and Internet
Computers and Technology
Cooking
Culture
Education
Education #2
Entertainment
Etiquette
Family
Finances
Food and Drink
Food and Drink B
Gadgets and Gizmos
Gardening
Health
Hobbies
Home Improvement
Home Management
Humor
Internet
Jobs
Kids and Teens
Learning Languages
Leadership
Legal
Legal B
Marketing
Marketing B
Medical Business
Medicines and Remedies
Music and Movies
Online Business
Opinions
Parenting
Parenting B
Pets
Pets and Animals
Poetry
Politics
Politics and Government
Real Estate
Recreation
Recreation and Sports
Science
Self Help
Self Improvement
Short Stories
Site Promotion
Society
Sports
Travel and Leisure
Travel Part B
Web Development
Wellness, Fitness and Diet
World Affairs
Writing
Writing B