07/11/2020

Credit Card Debt? Here's How To Pay It Off

4 Ways to Pay Off Credit Card Debt

If you’re struggling to keep up with your credit card monthly repayments in full, you’re officially in credit card debt. And you’re going to need a strategy to tackle this head on before it snowballs further.

When you’ve racked up high-interest debts from multiple accounts or credit cards, you should quickly move to consolidate all your debt in one place. Your new debt plan should have a lower interest rate than your existing debt, making payments more manageable and/or the repayment period shorter.


The 4 most effective ways to consolidate credit card debt are:

  • Zero Interest or Balance Transfer Credit Cards
  • Personal Instalment Loan
  • Line of Credit
  • Debt Consolidation Plan

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