How Can I Settle My Credit Card Debt?

Something that can be very overwhelming in life, are the debts, that we have more than clear. Well, sometimes you spend a lot more than you can pay at certain times and there is always the worry: what am I going to do if I don’t pay on time, and the answer to this is “endless interest”.

One of the main causes of these problems are the credit cards, which these days give us as if they were simple candy to get. However, those who assign them to us never make clear to us the method to use them and above all, how we are going to pay them without generating excessive charges.

For this same reason, we will give you four tips to find the easiest way to pay off credit card debts and, if you want, you can get rid of them if you want to cancel them if the bank’s service is inconvenient for your needs.

1.- Take into account cut-off dates

A very important element to take into account if you have a card are the cut-off dates, since these determine when we are going to make the corresponding charge for the month and what is the exact amount that must be paid to not generate interest.

An ideal strategy for not having problems at the time of payment, is to reserve in advance the money we are going to use, it would be best to freeze such an amount so as not to be tempted to use it.

With this method, it is very probable that within a short time your card will reach zeroes and finally you will have gotten rid of the threatening debt that overwhelms you month after month. So the key is to save what you need so you don’t have to resort to pawning your valuables in the process.

2.- Sell things you no longer use

In case you have old household utensils, entertainment items that you don’t use or simply toys that your children have left behind; you could investigate what their current value is and then you can give them an estimated price to sell them more easily; with the proceeds from this type of sales you will be able to make advance payments to your card.

Another option is that these objects are auctioned through different internet platforms, either social networks or even platforms dedicated to virtual commerce; maybe even some relics you have, are collectible items and you can sell them to people who are very interested in them for a price that both you and the buyer seem fair.

Now that you know, run and check in your home if you can find something that will help you leave your account clean and without negative balances.

3.- Consult a credit that has considerable terms

An alternative that can be adjusted to your needs is a personal credit, because with these you can have an adjusted plan so that you can pay safely and in the estimated time without any inconvenience.

This is because, compared to credit cards, you can have quite long terms that are not to extend the debt to a few months.

For example, Credifiel offers you many comforts when you apply for a credit in which you can ask for from $2,000.00 to $250,000.00 pesos, counting at the same time with fairly comfortable plans, which can range from 1 to 5 years, which makes us a very versatile institution for customers.

This will make your constant worries about credit decrease because the way you work is very effective. We also have an official certification, which places us as a company that is always thinking of better and faster ways to satisfy users.

4.- Try to have only one card

If you have only one card, it is faster to resolve your debt, since as all payments will be concentrated in one account there is no way that you will find yourself in a situation where you have to pay multiple banks.

If you are just starting out in the world of credit, we recommend that you only start with one card to make it easier for you to understand what this type of short-term loan consists of.

The fewer plastics you have, the faster you’ll find a way to pay off the amount accumulated in your credit history.

5.- Don’t worry, you’ll find a way!

Now that you have the necessary information, we assure you that whatever alternative you take, surely in a matter of time you will be able to get rid of the debts and you will be free of all the terrifying taxes.

Just don’t forget, that the card is a two-edged weapon, so we advise you to use it knowing that the following month, you will be able to cover the balance that you accumulate over time. The ways are there, just look for the one that best suits you.