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Thursday, June 23, 2011

When Will I Pay Off My Credit Card?

For many of us this is a common and question.  I will always emphasize paying more than your minimum monthly payment to get rid of your credit card debt as soon as possible. Keep in mind it does not have to be much. If you only pay $5-$10 it can make a huge difference assuming you are not putting additional charges on your card. You should also attack the highest interest cards first. Below is a link that will provide you with a free tool to see how soon you can pay off your credit cards. No sign up is required and it's free and easy to use. Play around with it and let me know what you think. Here is the link ......
http://cgi.money.cnn.com/tools/debtplanner/debtplanner.jsp   Please be sure to check out my previous posts for additional tips and strategies for getting rid of your credit card debt.

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