whats the best way to pay off a credit card quickly,,,but Reep the rewards of good credit? what method is best

Question

like do i just pay the min payment or double up on payments whats the best way....

Answer 1

As long as you've paid it on time, at least the minimum payment or more, without EVER missing a payment on time, your credit will be great. But it's always better for you to get it paid off as fast as you can, so pay at least double every month if you can, or better yet, pay the whole thing off every month - that's the best.

Answer 2

1. You must pay more than the minimum payments, or you will paying for years.

2. It's not reep, it's reap.

3. The best way is to pay off the entire thing, because the longer you have a balance, the longer you pay interest on the balance. If you can't do that, pay off as much as you can afford each month above the minimum payment.

Answer 3

How about get some type of loan from the bank. The interest would probably be lower than what your paying. Another way is some credit card companies offer 0% interest for 6 months to a year if you charge with them. Sometimes they put a nice check where you can pay other credit cards.

Answer 4

I pay half of my balance each month.. It shows a pay history while I carried a balance. Just pay more than the minimum and you will be ok. Also try to keep the card for a while. Having a line of credit for a long period of time looks great.

Answer 5

you need to repay those with the utmost APR first with the aid of fact those are those which you would be able to pay the main activity on interior the long-term. besides the undeniable fact that, in case you do have playing cards with rather low balances which could be paid off in a rather short quantity of time (6 months or much less), then pass forward and pay those off. the rationalization is that paying off a card or playing cards to 0 materials a brilliant develop and motivates you to repay something. yet this is totally as much as you. So, until you could repay smaller playing cards in 6 months or much less, save on with the physique of recommendations of commencing with larger apr playing cards first, it is the physique of recommendations which will keep you the main money so a strategies as heading off intense activity.

Answer 6

Pay off the balance within 6 months if possible.

Answer 7

you should paid your morgage payment,gas,utilities,food.

whatever left , paying it off. and next time control your spending on credit card

Answer 8

Pay more than minimum every month