2019年10月29日 • 2分钟
文章内容
Certainly the best way to pay off your credit card debt is with a single payment. If you can find the money to pay off all your credit card debt, you’ll get back on solid financial ground quickly and without paying additional interest.
The next-best method is to pay off the card with the highest interest rate first. You’ll want to pay as much as you can to that account and then send the minimum payment due to each of the other accounts. When you’ve paid off one card, start paying on the card with the next highest interest rate. Focusing on one card at a time gives you clear financial goals, minimizes your interest expense, and creates a sense of satisfaction.
If available, you can use a 房屋净值贷款 or line of credit to pay off credit card debt. The interest on 房屋净值贷款s is typically lower than credit card rates and is usually tax deductible. This can be an effective repayment method if you can handle it with discipline.
Any loan (including a home equity) can be as easy to abuse as credit cards, particularly if you have a line of credit. 也, you run the risk of paying down the 房屋净值贷款 at the same time you’re running up more debt on your newly cleared credit cards. Remember, your 房屋净值贷款, unlike credit cards, will be secured by a lien on your home. If you can’t make your payments, you’ll be in default, and the lender can foreclose on your home.
信贷 card surfing call allow you to reduce interest fees and pay more against your existing balance.”
A less aggressive way to pay off your debt is to transfer your balances to lower-rate accounts. Known as credit card surfing, this method works until you run out of lower-interest opportunities. However, it does allow you to reduce interest fees and pay more against your existing balance. It’s always best to control new spending and pay more than the required minimum payment whenever possible. Invariably, these cover little more than the finance charges.
You continue to carry the bulk of your balance forward for many years without actually reducing that balance. If you’re in this position, you should only charge what you can afford to pay off each month – this will keep you from accruing additional debt.
Source: Broadridge Financial Solutions, accessed October 8, 2019.
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