• experienced specialists passionate about their field of work
  • debt consolidation and negotiation
  • advice provided after thorough analysis
  • solutions for getting out of debt
get out of debt
debt buddy menu

Need To Cover the Credit Card Debt? Read on..

Credit card debts have become the lingering pain for most of the people who use it at their convenience but cannot pay it back on time. Credit card might be looked upon as a medium to spend and shop as much as you want but on the negative terms, it can prove to be quite a devastating medium as well.
It becomes a very important aspect to pay off the credit card bills on time or else, the debt might just become the biggest burden you ever had.

Listing The Credit Card Debt / Unpaid Bills

In situations where you fall under the burden of a credit card debt, it is necessary to work with the presence of mind and act smartly rather than rushing up. If you have numerous credit cards whose bills are yet to be paid off, list the minimum amounts of all of them and add them. See your monthly earnings that could be put into the debt clearing issue every month.
After you list all of the unpaid bills, arrange them in ascending order i.e. the credit card with the lowest minimum bill to be paid shall be kept at first and the rest shall follow accordingly. Start from the first clear off of the bill and move ahead trying to reach at the last bill with the highest minimum amount to be paid.

Ways To Clear Off The Credit Card Debt

If the debt comes within your monthly budget, then all you need to do is be patient and wait for the debt to be cleared off every month slowly. On the other hand, if the bare minimum of the unpaid bills of your credit cards exceeds your monthly budget, then you need to find an additional source of income to be on the safer side.
One of them could be working online under a part time job, such as running a website on a small scale or working as freelancer. Such a job would allow you to cover up the pending unpaid bills of the credit card faster. In worst cases, if the credit card debt is too high, you would be forced to get bankrupt and all your financial assets would be sold off so as to cover up the debt, which surely no one would want.
Thus, it is always advisable to keep not more than one or two credit cards with you and pay their monthly bills on time and not to let them accumulate credit card debts.

debt buddy contact us
debt buddy quote

Your Name (required)

Your Email (required)

Your Telephone Number (required)

Subject

Your Message

captcha