Credit Card Debt

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Title: Credit Card Debt

Essay Details:

Subject: Business

Author: Rose M

Date: September 3, 2014

Level: University

Grade: A

Length: 3 / 784

Essay text:

Although an ?only-cash' option can be a frightening thought, you must take this step to ensure that you do not accumulate debts further. If you have multiple credit cards, design a systematic plan of repayment. Prepare a table that includes the owed amount, interest rate, minimum payment and the due date for each of your credit cards. The information will help you prioritize your payments. Once you have your payment plan ready, develop strategies to reduce your debts methodically. The most important strategy is to repay the amount owed on cards with high interest rates. High interest can eat into your monthly payments by way of finance charges...

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