Pay more than the minimum payment

If possible, always pay more than the minimum payment listed on your credit card bill. If you pay more than your listed minimum monthly payment amount, you will be able to repay your debt faster and save money in the process.

Come up with your own repayment schedule and plan on increasing your monthly payments whenever possible. Get creative with your budget and try to free up extra money to repay high-interest credit card debt. Paying even slightly more than the listed minimum payment can end up saving a lot of money in interest charges over time.

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