Drowning in statements? Finding credit card debt relief is possible. Credit card debt consolidation is the process of combining all of your unsecured debts such as credit cards, retail cards or other personal loans into one monthly payment. This allows you to focus on paying off your credit card debt instead of dealing with overdue bills, late fees and deadlines, or harassing calls from creditors. CESI can help you figure out the best way to handle your credit card debt consolidation through our free credit counseling services.
You can begin to experience credit card debt relief immediately by not using your cards. This may seem obvious, but the best way to get a handle on spending is to shop with cash only — after you’ve paid your bills. Second, consider credit card debt consolidation or moving a balance from one card to another card with a lower interest rate. This can be a pain, but you’ll save money and buy yourself more time to pay off your credit card debt. Third, start making double payments on your card. If the calculated minimum payment is only on the accrued interest, then you need to make a double payment to hit the principle of the debt. You’ll see the balance begin to drop and you’ll start to get out of debt.
We believe that education is the key to a better financial future
Consumer Education Services, Inc. (CESI) is a non-profit service provider of comprehensive personal financial education and solutions for all life stages and for all of life’s milestones. Our goal is enhanced economic security for everyone we serve.
CESI is NOT A LOAN COMPANY