The month of February 2020 saw a lift in credit card debt over the prior month. Closed the period at $16,699.98. Minimum repayment for the month was $334.00 If I make the minimum repayment of $334 per month it will take me: 109 years and 2 months to pay off the balance $95,160.18 in interest…
The month of January 2020 saw a significant reduction in credit card debt. Closed the period at $14,705.81. Minimum repayment for the month was $279.00 If I make the minimum repayment of $279 per month it will take me: 105 years and 7 months to pay off the balance $83,521.19 in interest charges over the…
There was a skit on the David Letterman Show called “Stupid Pet Tricks”. It was an aptly named bit because the things people teach their pets to do are truly silly. Letterman did so well with that skit, he followed it up with another series called “Stupid People Tricks.” Well, when it comes to the…
“Reduce credit card debt and eliminate it before it assumes a horrifying shape” – This is really the gist of the story. So, how do you reduce credit card debt? Well, you reduce credit card debt by preventing it from increasing and by paying off what it is currently. Simple, isn’t it? Not really. If…
The month of December 2019 saw the credit card debt get even higher. Closed the period at $21,788.62. Minimum repayment for the month was $435.00 If I make the minimum repayment of $435 per month it will take me: 116 years and 9 months to pay off the balance $124,862.99 in interest charges over the…
The month of November 2019 saw the credit card get a good beating. Closed the period at $17,918.95. Minimum repayment for the month was $358.00 If I make the minimum repayment of $358 per month then it will take me: 111 years and 3 months to pay off the balance $102,277.02 in interest charges over…
Looking for a solution to your Credit card debt problem? First of all, you can take comfort in the fact that you are not the only one fighting the credit card debt problem. There are hordes of people who might have an even worse credit card debt problem compared to you; all of them seeking…
‘Credit card debt consolidation’ seems to be the most talked-about term in the world of credit cards. It’s true that credit cards have been very useful and convenient for us and we, in fact, treat the credit cards as a necessity. However, with every good you have evil too. In the world of credit cards,…
Not everyone believes that credit card debt counseling is beneficial and there are various reasons for that. Some people just read articles in the newspapers or find advice on the internet and take that as the final thing. So they don’t feel the need for credit card debt counseling. Some others feel that credit card…
We know that it’s good to consolidate credit card debt (at least that is what we keep hearing from everyone). In fact, the first step towards addressing the problem of credit card debt is to consolidate credit card debt. Now, what do you do to consolidate credit card debt? Should you just go with that…