debt

6 ways to pay off credit card debt

Pick a plan and go
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Pick a plan and go | JGI/Jamie Grill/Blend Images/Getty Images

Pick a plan and go

Are your credit card balances keeping you awake at night? Short of winning the lottery, there’s no quick-fix solution to get out of debt, despite what solicitors or infomercials might have you believe.

There are, however, many tried-and-true strategies for paying down debt. They've worked for others. Will they work for you? Ultimately, you'll achieve success by committing to these actions:

  • Pick a plan that appeals to you.
  • Stick with it until you’re debt free.

Here are 6 distinct techniques for paying off credit card debt. Choose the method that motivates you most and get started now.

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Debt Adviser

Don't be seduced by this debt plan

Dear Debt Adviser, I have about $50,000 of debt on credit cards. My credit rating is still high. I am thinking about a debt consolidation loan. Will that adversely affect my credit rating? -- DT Dear DT, The cliche... Read more

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