ANSWERS: 16
  • I don't. They're piling up. I haven't used a credit card in over 9 years. It's all debit for me. Much more responsible.
  • We pay monthly on them, while we wait on our tax return, after we get our return, we pay off our debt, and SWEAR we will never do it again, a month later, we are in as deep as ever.. Credit counselors work, too..but if you go that route, you can't open any new lines of credit until your old debt is payed off..
  • i dont have any
  • With money? You can either just make payments on it, or you can contact the credit card company (or collection agency) and work out a payment plan, or settle on a lower number.
  • By paying the minimum payment. That doesn't work too good though.
  • Start with the smallest debt, put as much as you can till it's paid off, then go to the next, put the money you were paying on the other on this one and so on!!!!!!!!!! Ohhhh and when you pay them off...don't cancel them. AND DON'T use them either. It brings your fico score up!
  • The most efficient way to do it is to set up your budget so that you can pay a significant amount on a single card and the minimum balances on all the others. Pay off the weakest debt first (smallest balance). Then, take the money you had been using to pay that card and start paying on the next weakest, but add the minimum payment amount to the payments. Continue doing that until you've got them all taken care of. It is more efficient to pay off credit cards than to put money into savings--it's okay to sacrifice your savings in order to get out from under the crush of credit card debt. After you have made responsible payments for a while, you may start getting pre-approved offers with attractive temporary rates. If you can get one that gives you at least a year at 0%, take it! If you receive a windfall of any kind, immediately apply it to the debt--don't use your tax refund to splurge on something you want. You can do that after your cards are paid off. Above all, *quit charging!* Learn to live within your means; if you can't pay for it with the money in your checking account, then you can't afford it at all. Pay cash or do without. Obviously, emergencies come up, and those are what you need the credit cards for. New shoes aren't an emergency; they can be budgeted and saved for. If there's something you want to buy and you can't afford it, start putting a little bit of cash from each paycheck in an envelope. That will protect it from your normal spending habits; just try not to remember its there until you have enough for whatever it was you were saving for. In September of 2006, I had almost $10,000 in credit card debt. As of today, I have $700 in debt. I expect my tax refund to knock out most of the rest of that.
  • I pay online (electronic transfer) from my savings account, though I could also pay over the phone. I pay the full balance by the due date. I love not being charged interest. :)
  • I'm not in horrible debt. You can get a debt consolidator.
  • Its better to cut up your credit cards and throw them in the trash can. There is a very old saying and it goes like this "Never spend money that you do not have" If you cannot pay for it in cash its better to go without and save up until you have enough to pay in cash, otherwise you get into financial debt.
  • Just cut up your CARD and start paying it off. Funny but true, I needed to have a credit card to have a credit record. The good thing my mind set is that this credit card is not for me to spend the money that I don't have, BUT JUST TO BUILD A CREDIT RECORD. This belief helps me not to live beyond means.
  • i dont!!!!!who says they where my credit cards?
  • You can't.
  • I don't have to worry about that,I don't have a credit card!
  • If you live in the UK you can wipe out the balance of credit cards, store cards etc. by challenging the credit agreement you signed if it was taken out before April 2007. I know there are similar schemes in the USA because I have seen them on Youtube. It must be correctly written under the terms of the UK 1974 Consumer Credit Act and many agreements are not correctly written. As many as 80% some people think. You can have the credit card agreement audited by a solicitor to see if it breaches the law. If it does you can ask your lender to wipe out the balance because it is an unenforceable contract. Most lenders don't go to court but the case is run on a no win no fee basis so it won't cost you anything other than the audit fee of £295. This is refunded if the agreement is not unenforceable. I am part way through the process and I have had two offers of 60% reductions in the balances on my cards from GM and Marbles cards and I have not had a credit card statement for either of them for five months. So it looks as though they have given up. I am going for the full wipe out of my credit cards now, I used http://www.creditcardswrittenoff.com Learn more on Youtube http://www.youtube.com/watch?v=8acEWwqDqDc Good Luck
  • I pay them off in full at the end of every month.

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