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    y payment. So with an extra $5 a month and fixed payments, the average credit card balance can be paid off in 30 months.

    2. Get A Lower Interest Rate

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    Reducing your credit card debt improves both your monthly budget and credit score. With over 1.3 billion cards circulating in the U.S. in 2004, it’s easy to understand why the average household has over $11,000 in consumer debt. You can quickly change your debt load by following these four tips.

    1. Pay More Than The Minimum Balance

    Minimum balance payments are tempting, particularly when you are feeling squeezed financially. But those small payments can be very expensive. The average credit card balance would take 13 years to pay off by only making minimum payments, costing $4,473.00 in interest. To get on top of your debt, increase your monthly payment. So with an extra $5 a month and fixed payments, the average credit card balance can be paid off in 30 months.

    2. Get A Lower Interest Rate

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    why the average household has over $11,000 in consumer debt. You can quickly change your debt load by following these four tips.

    1. Pay More Than The Minimum Balance

    Minimum balance payments are tempting, particularly when you are feeling squeezed financially. But those small payments can be very expensive. The average credit card balance would take 13 years to pay off by only making minimum payments, costing $4,473.00 in interest. To get on top of your debt, increase your monthly payment. So with an extra $5 a month and fixed payments, the average credit card balance can be paid off in 30 months.

    2. Get A Lower Interest Rate

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    Minimum balance payments are tempting, particularly when you are feeling squeezed financially. But those small payments can be very expensive. The average credit card balance would take 13 years to pay off by only making minimum payments, costing $4,473.00 in interest. To get on top of your debt, increase your monthly payment. So with an extra $5 a month and fixed payments, the average credit card balance can be paid off in 30 months.

    2. Get A Lower Interest Rate

    <
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    rage credit card balance would take 13 years to pay off by only making minimum payments, costing $4,473.00 in interest. To get on top of your debt, increase your monthly payment. So with an extra $5 a month and fixed payments, the average credit card balance can be paid off in 30 months.

    2. Get A Lower Interest Rate

    <
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    y payment. So with an extra $5 a month and fixed payments, the average credit card balance can be paid off in 30 months.

    2. Get A Lower Interest Rate

    Lowering your credit card interest will also help you reduce your debt faster. The average credit card rate in 2005 was 14.5%. Lowering that by as little as 2% would save you over $1000 in interest payments, even if you just made minimum monthly payments. Often times you can transfer old credit card balances to new cards with an attractive low rate. Some cards even offer 0% for a year or more on transfers.

    3. Use Reward Cash Towards Your Credit Card Balance

    Use reward programs to your advantage by applying cash or points toward your balance. If you don’t already have a rewards program with your account, apply for one. Then transfer your balanc

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