When making your minimum payments feel like digging a tunnel with a spoon, you might regard your credit card debt as a major inconvenience. However, regardless of how you may feel, it’s important to realize that paying it all off is possible. With the following tips, you can get one step closer to living debt-free.

3 Tips for Paying Off Credit Card Debt

1. Ask for Lower Interest Rates

While you might think the burden is all on your back, some of your creditors might be willing to help you pay back your bills. Try calling each credit card company and asking if they’d lower the interest rate on your card. If you have thousands of dollars in debt, even a slight reduction could save you a significant amount of money in the long run. While there’s no guarantee you’ll get lucky, it’s in your best interest to give this tip a try.

2. Make an Action Plan

The method you choose to pay off your debt depends on what you think will motivate you most. Are you the type of person who takes joy in crossing things off your to-do list? Try paying off the card with the lowest balance first. Once you’ve eliminated one line of credit, you’ll be encouraged to keep going. If you’re more intrigued by avoiding interest, pay off the card with the highest APR first, while still paying off the minimum balances on the others. When that card is paid, you can add the minimum balance you used to budget for that creditor to another card, and so on.

3. Cut Your Cards

If you’ve acquired a significant amount of credit card debt, you’ve likely been using your cards as if they were cash. To break the habit and focus on repayment only, you’ll need to do something drastic. Remove the credit cards from your wallet, cut them up, and throw them away. If you ever need them in the future, you can always have them replaced. This way, your only access to your creditors is through the online portal you’ll use to submit payments.

If you’re working on paying back your credit card debt, turn to Brian R. Cahn & Associates, LLC of Cartersville, GA, for guidance. These debt settlement attorneys have over 20 years of experience helping clients like you, and they’ll be happy to help you raise your credit score while lowering your stress levels. If necessary, they can also point you to the right bankruptcy or debt relief option. To learn more about their offerings, visit the website. Call (770) 382-8900 to set up an appointment with a skilled attorney.