Roll-Down Your Credit Card Debt

Paying off credit card debt requires a payment plan and a lot of discipline. Figure out how you can optimize your monthly budget and put aside some funds to put towards your credit card debt. Pay off your highest interest rate card first, and when that balance is paid in full, apply the extra payment amount to the card with the next highest interest rate. By making the same monthly payment even as your debt decreases, you will significantly reduce the total interest costs and the amount of time to repay the debt.