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I have $9,000 in credit card debt. What do I do?. It is great that you have a job with a good salary. I don’t know what your monthly expenses are or what caused the credit card debt, but you.

"Being 19 with a $9,000 credit card, you can go clothes shopping, you don’t have to live like a uni student anymore." And she maxed it out. It wasn’t until the interest-free period ended that she.

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If a consumer has $30,000 in credit card debt, the minimum 3% payment is $900. That sounds like a lot, but with a 15% interest rate it would take 275 months (almost 23 years) to pay it off and the total after final bill would be $51,222.13.

“We throw what we can at the debt and keep $9,000 in emergency savings-just in case. The couple should take the $15,000 they put towards their line of credit payments and apply that to credit card.

Here's how to find out if you have too much credit card debt and what you can do about it.

One of the biggest challenges for new investors to overcome when they first decide to start building wealth is a mountain of credit card debt built up over several years. With balances of $10,000, $20,000 or more, at 20 percent and 30 percent interest, they find themselves paying upwards of $500 per month in interest expense alone, never actually paying down the balance of the credit card debt.

Advertiser Disclosure. Balance Transfer, Pay Down My Debt The Fastest Way to Pay Off $10,000 in Credit Card Debt. Monday, April 22, 2019. Editorial Note: The content of this article is based on the author’s opinions and recommendations alone.

Paying off credit card debt allows you to put money to more important things in life. Get debt free today! click here to view the fastest ways to pay off $5,000 or less in credit card debt.

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