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  2. I’m a financial expert: Here are my 4 top tips for paying off ...

    www.aol.com/finance/how-to-pay-off-credit-card...

    Avoid bogging yourself down with negative emotions of guilt or shame. You got into debt to solve a problem, and putting those charges on your credit card may have been the best solution available ...

  3. 6 Credit Card Debt Myths That Nobody Should Believe in 2024 - AOL

    www.aol.com/6-credit-card-debt-myths-180040237.html

    Credit card debt is a common issue. The average credit card debt among American consumers is $6,218, according to a TransUnion report. Additionally, according to the latest Federal Reserve data ...

  4. Suze Orman: 5 Smart Steps To Take When You Have Credit Card Debt

    www.aol.com/suze-orman-5-smart-steps-140250384.html

    Here are her suggested steps for dealing with credit card debt. 1. Ask For a Lower Interest Rate. When you make payments on a high-APR card, more money goes toward interest than the principal ...

  5. Credit card debt - Wikipedia

    en.wikipedia.org/wiki/Credit_card_debt

    Consumer and government debt in the United States. Credit card debt results when a client of a credit card company purchases an item or service through the card system. Debt grows through the accrual of interest and penalties when the consumer fails to repay the company for the money they have spent. If the debt is not paid on time, the company ...

  6. Best debt relief options for credit card debt - AOL

    www.aol.com/finance/best-debt-relief-options...

    Bankruptcy. Bankruptcy is a legal process that provides relief from overwhelming debt by liquidating assets or creating a repayment plan. Chapter 7 bankruptcy is ideal for unsecured loans (such as ...

  7. These experts say not all debt is bad: Here’s how to make ...

    www.aol.com/finance/experts-not-debt-bad-debt...

    Ryan Moore, financial advisor at TBS Retirement Planning, says that “if the purpose of debt is an investment or a tool used to create wealth, the debt is good.”. “For example, your house ...

  8. What to do when you get sued for credit card debt - AOL

    www.aol.com/finance/sued-credit-card-debt...

    1. Don’t ignore the summons. When you get a court summons for credit card debt, pay attention to it — and make a plan of action. In many cases, you’ll have 20 to 30 days to respond to your ...

  9. How to pay off credit card debt - AOL

    www.aol.com/finance/pay-off-credit-card-debt...

    2. Test the snowball method. With the snowball method, you pay off your debts from smallest to largest. Getting a debt paid off in the shortest time possible is a good motivator that could help ...

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