Monday, October 03, 2005

Best Credit Card Debts Tips

Best Credit Card Debts Tips: "On average, every American household is about $9,000 in credit card debts, paying an extra $1,100 or more in interest each year. If you are reading this Credit Card Debts guide its probably too late for applying the best advice one can get: Do your best to stay away from debts. However, as many Americans find every day, as terrifying as it may seems, being in debts is not the end of the world. There is a way out!
If you are in overwhelming credit card debts, there are few options available for you:
Keep paying the minimums. Many credits cards now have minimum payments so low, it will take over 50 years to pay them off! However, once you take more control over your financial situation, in few years things might improve for you and once youre up on your feet again, youll be able to increase payments and pay off this debt much sooner.
Call your credit card company and ask for better interest rate. Youll be surprise by their response: They almost always prefer to be paid less interest than having to write-off"
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