Debt Destroyed - Debt Free Living

Debt Free Living - Oh Glorious Day

This is how you can find debt free living. Just do this and debt free living will be your middle name.

List all of your credit cards, including the balance, the interest rate and the minimum payment percentage and the minimum payment according to the latest statement. The minimum payment percentage can be found in the small print on your credit card statement or on your cardholder agreement and is usually between 2 and 2 1/2 percent of your balance.
Rearrange the list so the credit card with the highest interest rate is at the top and the credit card with the lowest interest rate is at the bottom.
Add up the required minimum payments for all the cards.
Decide how much money you can come up with each month, in addition to the total minimum payments on al your credit cards, to apply to your credit card debt. .
Each month, pay the minimum balance on each credit card except the one with the highest interest rates. On this card, pay the minimum balance plus the additional amount you've put aside each month.
Continue to do this until the first credit card is paid off. Then take the amount you were paying plus the minimum balance and put it on the second card.
Continue crunching your payments on the credit card with the highest interest rates as described, until all credit card debts are paid off.

Now you will be much closer to debt free living.

To learn more about debt free living,just click on the links on this page and get additional help.