eHow asked:
There are a couple of ways to pay off credit card debt, including getting a consolidation loan, making more than the minimum payment and starting by paying off the cards with the higher interest rate. Consolidate all bills into one at a lower interest rate withhelp from a business analyst in this free video on financial planning and debt management. Expert: Terry Kuykendall Bio: Terry Kuykendall is currently a budget analyst for the military in Washington. She is an accountant who has worked …
Technorati Tags: Credit Debt, Management Expert, Minimum Payment
MiM asked: I have a good credit score, last time I checked about 6 months ago it was about 720-730. Recently I have acquired a big credit card debt, about $9,000 on one credit card (with a limit of $10,000) and about $3,000 on another one (with a limit of $5,000) for many different personal reasons. After the whole spending money ordeal was over, I was left with all this debt on my credit cards. Since then, I have cut back on all unnecessary spending, besides the obvious things like food, gas, etc. I have never been late on payments and have never been over the credit limit. I Also try to pay an extra hundred bucks on top of the minimum payment due when I can. Are there any good ideas on how to consolidate these two credit card debts and help me out with all this? Thanks!
Get Rid of Debt
Technorati Tags: Credit Card Debts, Minimum Payment, Spending Money
That Guy asked: Should I pay off my car loan @ 5.9% with about 5k left, or pay off credit cards with much higher interest rates? I’m paying a significant bit above the minimum payment, but the $350 car payment (once paid off) can be applied to other bills. Do I have this backward?
Debt Elimination Program
Technorati Tags: Car Payment, Credit Cards, Minimum Payment
