what is the best way to eliminate credit card debt?

Question by myztahb: what is the best way to eliminate credit card debt?



Best answer:
Answer by Curious_in_TN1. Cut them up and stop using them.

2. List the balances, smallest to largest.

3. Pay off the smallest debt first, as fast as you can.

4. After paying the first one off, apply that payment to the second debt and pay it off as fast as you can.

5. Keep repeating this process until they are all paid off. It's called the debt snowball method.

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