Credit card will be frightening you if the debt is getting higher and higher. Some people can afford to pay fully each month but many of them are struggle even for disbursing the minimum payments. You can reduce your burden by following these tips.
- You should stop your shopping habits and throw away your credit card from your wallet immediately. Do not apply for new credit card and you can lock it up if you cannot stop your shopping desire. In the opposite, if your needs force you to use it, you should get extra money by working overtime or getting secondary job.
- Do not pay your credit card bills late or you will get extra fee. Moreover, you also have to pay the minimum payment or more in order to avoid high interest. The other way to prevent the interest is re-checking whether or not you can pay the charge of your items before you pull out the card. If you hesitate, you had better to wait until you get cash.
- Speak to the credit card company to reduce the interest rate. If you have good payment history or you are long-standing customer, they likely will approve your request. This agreement will help you to eliminate your debt faster.