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kaaly

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what is the best way to pay off credit debt. i have several cards with 3 lmost maxed out

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Quit using credit cards for a while until they are paid down, then only use no more than 20% of the credit limit so you will be able to have plenty oif AVAILABLE credit and will be able to pay the balance in full every month, thus saving on the interest charges you are currently paying.

How to pay them down?? You might wish to start with the smallest balance card.  Pay the minimums on all cards but this, which you will pay as much additional money as you can on the card every month until the card is paid in full.  Once that is done take the amount you were paying on this card and add it to the minimum payment of the next card every month until that one is paid off.  Continue doing this with each card until they are ALL paid off.  It's crazy how fast this can happen.

And you do want to keep your credit reports current.  Go to annualcreditreport.com and get copies of all three credit reports.  Look them over thoroughly and file disputes on all WRONG information with the credit bureau reporting same.  They have to investigate and either verify or delete the disputed items.  Do this checkup once a year.

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