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Progress Report: Difference between revisions
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(3) If you don't have a credit card with a interest rate of 14% or lower, get one. | (3) If you don't have a credit card with a interest rate of 14% or lower, get one. | ||
(4) Make a honest effort to refrain from using your cards over the next six months. | (4) Make a honest effort to refrain from using your cards over the next six months. | ||
(5) Add up your mimimum | (5) Add up your mimimum monthly payments. | ||
(6) Calculate how much you can pay over the | (6) Calculate how much you can pay over the minimum amount. | ||
(7) Apply all of your additional repayments to the card with the highest rates. | (7) Apply all of your additional repayments to the card with the highest rates. | ||
(8) Consolidate your debt. | (8) Consolidate your debt. | ||