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The Fastest Way To Eliminate Credit Card Debt

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The Fastest Way To Eliminate Credit Card Debt

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The Tried-and True Credit Crunch MethodExcessive credit card debt is a growing sickness in America, and like many illnesses, people tend to ignore the problem until it’s of epidemic proportions. Take control now and eliminate credit card debt before it threatens your financial health. To eliminate credit card debt as rapidly as possible at the lowest possible cost to you, I recommend using a tried-and-true credit card debt elimination method often recommended by financial experts. I call this method the Credit Crunch. • List all of your credit cards, including the balance, the interest rate, and the minimum payment percentage and the minimum payment according to the latest statement. The minimum payment percentage can be found in the small print on your credit card statement or your cardholder agreement, and is usually between 2 and 2 1/2 percent of your balance.

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