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Originally Posted by crossova
i owe about 2000.00, is there any advice to paying it down. some months i just put a big chunk of my paycheck and just live off the bare necessities till next pay period.
i even tried just paying the minimum so i can save up for next month.
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The best advice is to stick with it and pay as much as you can possibly spare each month. ALWAYS pay more than the minimum payment, and keep an eye on your interest rate.
If you have an interest rate above 10%, that is too high. Call your credit card company and tell them you will transfer your balance if they don't give you a lower rate. If they don't give in, shop around for a card that gives a low introductory rate and/or a low rate on balance transfers.
When we first got married, I transferred all our cards onto one card that offered 3% interest on all balance transfers for a year, with the plan that the card would be paid off within a year.
I've never figured out just how much I saved doing that, but I guarantee it was more than just pocket change.