4 Ways to Resolve Credit Card Debt (Guaranteed to work!)

Posted by Golden Financial Services on October 11th, 2017

Today’s list of “4 ways to resolve credit card debt” - is a surefire resource to help you eliminate credit card debt from your life. This quick guide will make it easy for you to eradicate credit card debt, just like a financial guru could do. Select a few of the ways below that work for your particular situation and then get started on your mission to permanently resolve credit card debt.

Without further delay, let’s get started for San Diego Debt Relief!

1. Stop using your credit cards (lock them in a box)

Scientifically, it’s been proven that if you pay with cash, you will be more aware and spend less.

2. Make a budget (Use This Free Budget Tool)

The idea is first to figure out where the heck all your money is going each month. You can then separate your fixed expenses, from your unrealistic and variable expenses. Certain expenses can be eliminated or reduced. For example; you can reduce your electric bill. You can remove the 0 spent at the bar every Friday night. By using a budget in this way Imperial Beach CA Debt Relief, is how you free-up money so that you can pay off debt.

3. Get a home equity line of credit to pay off credit cards

If you own a home and have sufficient equity in it; — get a home equity line of credit and use it to pay off your credit card debt. No rule says you must use your home equity line of credit for something related to your property; you can use it for whatever you want Florida Debt Relief!

Using a home equity line of credit to pay off credit card debt is a much better option, over getting your typical “bank loan.” It is common; to get a home equity line of credit where your interest rate could be below 6%.

4. Consumer credit counseling (to lower interest rates)

A consumer credit counseling program will lower your interest rates and pay off all of your credit card balances within five years.

Debt Wave Consumer Credit Counseling is one of the most reputable non-profit consumer credit counseling companies in the nation.

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Golden Financial Services
Joined: September 13th, 2017
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