With the new year, we have a renewed opportunity to get our lives back on track. Including credit card debt. I came across this article on how to reduce credit card debt in three years.
An explanation of how to pay is included and is easy enough to figure out. It is included on your credit card statement. There are two sections that explain how long it will take to pay off your credit card debt, one by paying the minimum payment which will take 30 or more years to pay off. The other shows the payment needed to payoff the debt in three years time.
If you can't afford to pay the 3 year amount due, at least due the best you can to pay more than the minimum.
Jan
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