Intreested to become debt free soon
Date: Mon, 06/27/2005 - 16:52
Hi Julie Welcome to the forums. While you are making payment
Hi Julie
Welcome to the forums. While you are making payments of your credit card bills, it is always necessary to pay those cards first which have the highest rate of interest. Try to pay them as early as possible to save some money from interests. This saved money can be used in other accounts for payments.
You can also opt for the easiest and the successful method of the debt consolidation program. Under this program, all your credit card accounts will be combined into one consolidated loan amount and will be paid to your creditors through easy monthly installments at lower rate of interest.
http://www.debtconsolidationcare.com/benefits.html
You can either include all or some of your credit card accounts as per your choice. With your active participation, debt consolidation program will be able to deliver you positive results and you will be able to attain a debt free life in a short period of time.
Regards
Roxette
Hi JulieWelcome to the forumsIf you want to pay off all
Hi Julie
Welcome to the forums
If you want to pay off all your debts then it is better if you accumulate all your credit cards and then start with the credit card having low amount.
After paying off one credit card you may start with the one having the second highest. While paying the second card add the amount you paid on the first card plus the amount of the second credit card. Continue this process with all the credit cards. This will help you to clear off all your debts. The above process is technically known as accelerator margin. It will also save few dollars on taking the advice of a professional consultant.
In addition you can fill the signup form of this site as it gives free consultation on debt related problems.
Hope to hear from you soon
Please feel free to write back with further queries
Regards
Peter