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Step 1
Call your creditors and see if you can get a lower interest rate. Many credit card companies will do this if you are a good customer. If they say no, ask to speak to a supervisor and casually mention the fact that you are thinking about going with a card that has a lower interest rate. Ask him what he can do for you.
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Step 2
Ask for a better payment plan while you have your credit company on the phone. Often you can get your minimum payments lowered if you are in special circumstances.
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Step 3
Transfer your balance to a card with a better interest rate if your current credit card company won't make a deal. See? You weren't bluffing!
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Step 4
Pay more than your minimum balance each month. The minimum balance often covers little more than fees and interest. Paying more will chop away at that balance faster.
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Step 5
Pay two payments a month. Don't think that you can only pay on your card once a month. Every time you have a little extra money or every time you get paid, pay a little extra on your credit card balance. You can do this by paying on the card's online site.











Comments
007bobbyj said
on 11/6/2009 Helpful!! 5* & R
NightowlMama said
on 7/13/2009 this is how we do it thanks for the extra tips