Comments on: Paying Off High Interest Credit Card Debt

By: khrisna karran

khrisna karran — Tue, 01 Dec 2009 07:17:45 +0000

I think these are some good ideas for getting out of debt.
I agree with using you saving money to pay off debt, because the longer
you takes the more it will cost you.
It’s just a risk you have to take.

By: Derek

Derek — Sun, 29 Nov 2009 18:44:44 +0000

I remember when I got my credit cards paid off…what a relief. Applying savings toward debt is a great idea as long as you keep an emergency fund set aside, just in case. Thanks for this insightful post and reminder.

By: hubdawg

hubdawg — Fri, 27 Nov 2009 18:04:02 +0000

Many good ideas and tips here. I was deep in debt before I got married, my wife taught me many good debt reduction techniques. Like calling you creditors and negotiating a reduced payoff amount. Another good tip is to always pay something on your debts. Even if it is only five dollars per month slow payers are better off than no payers.