How to pay off credit card debt: 3 secret strategies

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1. Snow Ball Effect

$ Pay off your smallest debts first, even if they have higher interest rates.  $ This will give you a sense of accomplishment and motivate you to keep going.

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2.Avalanch Effect

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Pay off your debts with the highest interest rates first, regardless of their balance. This will save you the most money in interest over time.

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3. Debt consolidation

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Take out a new loan with a lower interest rate to pay off your credit card debt. This can save you money on interest, but it's important to make sure you can afford the monthly payments.

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Final Thoughts Paying off credit card debt can be challenging, but it's definitely possible.

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