SlideShare a Scribd company logo
Best Ways To Pay Off Your 
Credit Card Debt 
by: www.newhorizon.org
Draw up a debt repayment plan. 
● Consider how much you owe your card issuer 
● Figure out what percentage of your disposable 
income you can use to gradually pay off your 
credit card debt. 
● Come up with a strategy that will help you pay 
off your transactions in the soonest possible 
time
TIPS! 
● Settle first the credit cards which carry the highest APR. 
-- WHY? You can generate huge savings on your interest 
charges 
● Settle first the credit cards which carry the lowest 
balance 
-- WHY? You can succeed in paying off your financial 
obligations, one credit card account at a time.
Get funds to pay off your debt in one full-swoop. 
ways to do this: 
1. Sell one of your personal assets to gain 
access to enough cash you can eventually use 
for paying your unsecured credit card charges, 
in full. 
2. Take out a debt consolidation loan.
Transfer your balance to a zero or low 
interest credit card. 
You can minimize, if not completely 
eliminate, the payments you will make on 
interest.
Sign up for credit counseling. 
If you think that your debt problem is 
beyond you then, you can always rely on 
the assistance offered by certified finance 
experts.
For more information visit 
this page: 
http://www.newhorizon.org/credit-info/paying-off-credit-card-debt
Resources: 
• If you are looking for unsecured credit cards for bad 
credit: http://www.newhorizon.org/Info/creditbuilders.htm

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Ways to Settle Your Credit Card Debt

  • 1.
  • 2. Best Ways To Pay Off Your Credit Card Debt by: www.newhorizon.org
  • 3. Draw up a debt repayment plan. ● Consider how much you owe your card issuer ● Figure out what percentage of your disposable income you can use to gradually pay off your credit card debt. ● Come up with a strategy that will help you pay off your transactions in the soonest possible time
  • 4. TIPS! ● Settle first the credit cards which carry the highest APR. -- WHY? You can generate huge savings on your interest charges ● Settle first the credit cards which carry the lowest balance -- WHY? You can succeed in paying off your financial obligations, one credit card account at a time.
  • 5. Get funds to pay off your debt in one full-swoop. ways to do this: 1. Sell one of your personal assets to gain access to enough cash you can eventually use for paying your unsecured credit card charges, in full. 2. Take out a debt consolidation loan.
  • 6. Transfer your balance to a zero or low interest credit card. You can minimize, if not completely eliminate, the payments you will make on interest.
  • 7. Sign up for credit counseling. If you think that your debt problem is beyond you then, you can always rely on the assistance offered by certified finance experts.
  • 8. For more information visit this page: http://www.newhorizon.org/credit-info/paying-off-credit-card-debt
  • 9. Resources: • If you are looking for unsecured credit cards for bad credit: http://www.newhorizon.org/Info/creditbuilders.htm