If youre struggling to manage your credit cards, youre not alone. Credit card debt hit an all-time high in late 2022, with the average credit card user owing $5,805.
If credit card debt were easy to pay off, it wouldnt be so prevalent. After all, no one wants to lose their hard-earned money to interest charges. But getting out from under a mountain of debt can be doable with the right combination of strategy, discipline, and in some cases professional help.
How to pay off credit card debt
Theres no one-size-fits-all method for getting rid of credit card debt, but a mix of the following approaches could help you reduce and even eliminate your debt for good.
1. Pay more than the minimum
Making the minimum payment on a credit card can be …
Read the full article at: https://fortune.com/recommends/credit-cards/how-to-pay-off-credit-card-debt/