Rossman says with credit card rates at record highs (the national average is 19.6%) it’s more important than ever to pay down your credit card debt as quickly and cost-effectively as possible.

For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.

If you struggle to pay off credit card debt, you are not alone. Credit card debt hit $1.12 Trillion in the first quarter of 2024. And inflation paired with higher interest rates may further ...

Now, if you combine the $198.33 minimum payment for the Capital One card with the $220 in found money, and make yourself pay Capital One $418.33 every month, you’ll have this balance paid off in ...

7 tips for tackling your credit card debt, from someone who paid off $100,000 in 3 years Lynnette Khalfani-Cox, The Money Coach, shares her 6-figure debt payoff journey and how she uses credit ...