Credit Card Debt

[Anonymous]

Anonymous wrote:Being debt free is awesome. I applaud MS for advocating against the "leverage" that got so many people into massive trouble.

There is simply no excuse to carry a credit card balance.

Sure there is. Some people need them to get by. You should be more charitable and nice. Not everyone has everything that you do.

[Anonymous]

Anonymous wrote:Pay off the cards with the lowest balance first. Then use that money toward the next plus what you were already paying.

OP here, this is what I was thinking. I figured I could take the money I am paying on the little ones and put it towards the highest interest one at that point. Like someone else said, I feel like it would be a great accomplishment if I got a couple small ones paid in full.

I have no idea who Michelle Singletary is, however I do watch Suze Orman sometimes

[Anonymous]

Anonymous wrote:Pay the highest interest rate first. Coincidentally, my highest interest credit card of 23.99% also had a balance of $1500 only.Paying that off, saved me a lot of money and gave me a boost.
Good luck, you can do it! I paid off $17K of credit card debt, $20k to go, and I only make about $50k a year.

OP here. Thanks. How long did it take you to pay it down that amount? My debt is just under $11,000. So it isnt too bad.