best way to pay creadit card?

Question

Ihave to creadit card please tell me the best way to pay all of it one is like $1500 other is $1300. How much every two weeks should i need to pay need info

Answer 1

$300 each to be done in 8 months avg.

Answer 2

First of all, how much per month can you use to pay these off?

Secondly, which one has the higher interest rate or APR? You'll want to pay this one off first.

Then pay at least twice the minimum balance if you can. It you can't, at least pay more then the minimum balance.

Try to make your payment before you finance charge is charged, you'll end up paying less interest that way.

Once you get the cards paid off, keep a balance on your card but keep it below 30% of your credit limit. When you make your payments, always try to make more the the mininmum balance. This shows that you have and can handle credit.

I hope this helps you :)

Answer 3

1) Get on a written budget and use cash in areas where you tend to overspend (groceries, eating out, etc.). This will free up extra money to pay on your debt.

2) Do you have any cash in the bank? You'll want to get $500-$1000 in the bank to deal with any emergencies that may arise while you're trying to get out of debt. Otherwise, you'll tend to use your credit card when something unexpected comes up.

3) List your debt smallest to largest by the balance. Make minimum payments on everything but the smallest debt. Attack that first debt with everything you have to get it paid off fast. Then, apply the money you where paying on the first debt to the next and so on.

4) Sell stuff, take on an extra job in order to generate extra cash to put towards your debt.

I hope this helps.

Scott....

Answer 4

Hey, can I bum a cigarette?

Pay as much as you can.
Be sure to note any extra payment amount is to go to PRINCIPAL ONLY.
Pay off any other debts you have first.
This way you can apply THAT $ towards the credit card as well.

Answer 5

I agree with the second answer!

Answer 6

money