Any advice or suggestions on getting out of debt?

I am serious and devoted to eliminating my credit card debt. I am putting all bonuses, tax returns and left over money towards my 4 credit cards totaling about $12,000. Any tips, secrets or advice on how to get out of debt faster. I have tried to work with the banks to lower my interest rate and they will not (3 BofA and 1 chase) any other suggestions?Any advice or suggestions on getting out of debt?
First get your scissors and cut your credit cards.


There are professionals who will help you unite your three accounts into one so you will only have a debt with the bank with the lowest interest rate.


live a humble life, no luxuries at all. keep it really simple.


sell everything you don麓t use.


Good luck!Any advice or suggestions on getting out of debt?
I suggest researching a ton. Read as much as you can and make an informed decision. I am taking a personal finance class this semester and the professor always stresses creating a budget! In our class we use cnn money 101 - personal finance. There is a link below to check out the site. The second source is specifically ';controlling debt.'; Hope this helps!
You are already on the right path.





No. 1 - Stop using the Credit Cards altogether.





Pay with your ATM check card - the money comes straight out of your checking account





No. 2 - pay as much as possible towards the balances.





Consolidating and putting all balances on one card... very dangerous for your credit score because chances are you will have to max out the new card and a maxed out card will trigger universal default and allow all of your credit card accounts to raise the APR... not to mention it will lower your credit score. (having a card maxed out).





Put as much as you can towards the card with the highest interest rate and pay that off as fast as possible. While you are working on the card with the highest interest rate you can make just minimum payments on the others.





Once you have the first card paid off - tackle the next one. Once again you put as much as possible towards that cards balance and keep the other cards in good standing by making the minimum payments on them.





Some people recommend starting with the card that has the lowest balance... if you need to have ';early gratification'; that you have accomplished something... that is the way to go.





Personally.... I am an adult and would rather save money on reducing the high interest payments instead of having the need for a ';pat on the back'; for paying off the low balance card first.
well after you pay them off dont use them anymore and stick to debit i got mines from this sight i dint know at first that it could raise your score slowly with purchases it also has a pint system try it it does work nothing instant but it works and theres no activation fee ...heres the sight please enter my referell code tho so i can earn extra points pay everything on time all bills and loans and dont spend more that u can pay back ok





www.mynetspendcard.com





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