Consolidating bank of america credit cards
You’ll still want to focus on paying this debt off, so it’s a good idea to pay more than the minimum due each month. Many balance transfer credit cards come with an introductory zero-interest period.
This gives you time to pay down your debt without tacking on any additional charges and you can use the end of the introductory-APR time as your end goal for having the debt paid off.
If you start by paying 0 extra on that credit card, keep paying at least 0 each month until the card is paid off.There is no one true “best” way to eliminate credit card debt, as doing so all depends on your individual situation.You can focus on getting each card paid off individually, transfer your balances to one card, ask for a lower interest rate or even get a loan to pay off the balances.Whatever your financial goals and dreams, however, paying off your credit card debt is a good step in the right direction.
These pay-down tips and strategies will help you find out how to pay off your credit card debt.
And it feels good to pay a credit card bill in full, no matter what balance you began with.