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  2. How to pay off credit card debt - AOL

    www.aol.com/finance/pay-off-credit-card-debt...

    2. Test the snowball method. With the snowball method, you pay off your debts from smallest to largest. Getting a debt paid off in the shortest time possible is a good motivator that could help ...

  3. 8 balance transfer credit card mistakes to avoid - AOL

    www.aol.com/finance/8-balance-transfer-credit...

    Try using our Credit Card Payoff Calculator for help. You should arrange the payments so you are out of debt before the intro 0 percent APR period ends. For example, imagine you have a $5,800 ...

  4. How to do a credit card balance transfer - AOL

    www.aol.com/finance/credit-card-balance-transfer...

    Use Bankrate’s credit card payoff calculator. Fees: In most cases, you’ll pay a balance transfer fee to move the balance, so you’ll want to be strategic about how much you transfer: Enough ...

  5. Credit card debt - Wikipedia

    en.wikipedia.org/wiki/Credit_card_debt

    Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the consumer fails to repay the company for the money they have spent. If the debt is not paid on time, the company will charge a late-payment penalty and report the ...

  6. How to pay off credit card debt - AOL

    www.aol.com/finance/pay-off-credit-card-debt...

    However, a combination of these seven payoff strategies can reduce your debt, lower your credit card APR and put you on the right track toward becoming debt free. 1. Try the avalanche method. This ...

  7. Debt snowball method - Wikipedia

    en.wikipedia.org/wiki/Debt_snowball_method

    Debt snowball method. The debt snowball method is a debt -reduction strategy, whereby one who owes on more than one account pays off the accounts starting with the smallest balances first, while paying the minimum payment on larger debts. Once the smallest debt is paid off, one proceeds to the next larger debt, and so forth, proceeding to the ...

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