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What is the optimal way to pay down my credit cards? - credit cards debit cards

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Old 09-30-2009, 07:48 AM
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Default What is the optimal way to pay down my credit cards?

I have to credit cards one I $400 and it is interest free for the next 16 months.If I don't pay it off in 16 months all the interest I would have paid gets added on. I have another credit card that about $660, which I cut up the card for. That card has interest of 25%. I have $130 in bills and I make about $700 a month.
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Old 10-22-2009, 09:15 AM
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The quickest way to pay down credit card debt is going to take persistence and commitment. Perhaps the best way to talk about paying down the credit card balance is to take a look at how you ended up with the debt you have.
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Old 12-12-2009, 06:01 AM
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Usually it's best to pay off the card with the highest interest first, but I don't know what the interest will be on your interest free card... so it's hard to say. What's the amount going to your cards per month? Maybe do a 60%/40% split to the higher card? Best I can do with the info you gave. Good luck!
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Old 01-10-2010, 09:30 PM
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I need an original credit card anyone willing to help me with it pleasessssssssss
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