What would you do if you had $12,000 in credit card debt?
What will become of me?
22-25, M
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4meAndyou · F
I have a bit more than that...or I did a few months ago. I sat down and examined the interest rates on the four cards I am paying. I changed the 25% apr card to a different card at 9.25 % apr...guess the interest rate just slipped past my brain somehow.
I will reduce three of my card payments to just over minimum, and pay $300 a month to the 25% apr card for three months to pay it off.
Then I will switch off and pay $300 a month to the next highest interest rate card, and so on.
I will reduce three of my card payments to just over minimum, and pay $300 a month to the 25% apr card for three months to pay it off.
Then I will switch off and pay $300 a month to the next highest interest rate card, and so on.