"Reduce and eliminate credit card debt before it takes a horrible form "–that's the heart of the story. So how can you reduce your credit card debt? Well, you reduce your credit card debt by preventing it from rising and paying what it is now. Isn't it that simple? Only that? Just that? Simple?
It is not. If credit card debt were easy to reduce, we wouldn't have had many credit card debt issues. We could have reduced debt problems with credit cards and eventually removed them (or significantly reduced them). There's every advice on how to reduce credit card debt, but nothing seems to change anything. There's nothing there. The problem is still going on and is actually getting worse. But reducing credit card debt isn't that difficult. As we said, there is plenty of advice on how to lower your debt from your credit card, and all you need is advice on how to lower your credit card debt, how to do things in real life.
Well, if you cut off your credit card debt, you're not going to benefit anyone but you. The first step in reducing credit card debt is therefore to prevent it from becoming dangerous. Balance transfers and cash use are the two main ways of taking this step.
Balance transfers are often considered the number one measure of credit card debt reduction. This can actually help to reduce your credit card debt by slowing down the debt building pace of your credit card. It also helps you to lower your credit card debt faster, with the APR being 0 percent for the first 6-9 months. To reduce your credit card debt using this facility, you must transfer your balance from your current credit card(s) to a credit card with a lower APR of your current card. Thus, by preventing it from growing so fast, you reduce credit card debt.
The other preventive measure to reduce credit card debt is to use cash instead of cards (as hard-paid cash compared to a credit card is hard to remove). So, by not adding more, you're reducing credit card debt. This is the easiest way of reducing credit card debt. But you can only reduce the debt on your credit card if you stick to the credit card debt resolution; if not, it is miserably failing.