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View Poll Results: The best way to pay off credit card debt
Debt Counseling 1 3.13%
Pay off Credit Card(s) with highest APR rate first 15 46.88%
Pay off Credit Card(s) with lowest balance first 8 25.00%
Pay off Credit Card debt with money from savings 5 15.63%
Pay off debt by making payments yourself over 3 years 3 9.38%
Voters: 32. You may not vote on this poll

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Old 11-20-2009, 07:48 PM
 
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Quote:
Originally Posted by Kendrick G View Post
The best way to pay off credit card debt?

Don't spend money you don't have in the first place. I have paid for everything I have in cash- house, cars, trips ect. The only thing that I charge on a card are things that I MUST charge on a card (hotels, flights, rental cars) and pay it all off at the end of the month.

If you don't have the money, don't spend it. It is pretty simple stuff.
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Old 11-20-2009, 07:55 PM
 
8,289 posts, read 13,564,801 times
Reputation: 5018
it would have to be the highest APR first since they are literally killing you on interest!
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Old 11-20-2009, 08:13 PM
 
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24,873 posts, read 36,171,415 times
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Quote:
Originally Posted by bugguy View Post
I pay them in full every month. Never carry a balance, never pay any interest and get money back from the credit card companies!!
me too!
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