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2. Make more frequent payments. You can reduce the interest you pay on credit card debt by making multiple payments on your balance each month. Taking this step reduces your average daily balance ...
For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.
This won't take your credit card interest to zero, but getting a lower APR can help you save money on interest -- and pay off credit card debt faster. 3. Pay off higher-interest cards first
Many credit cards charge interest rates of 20% or higher. Check out the best strategies to follow and never pay interest on your credit card.
While credit card interest rates have fallen recently, rates are still relatively high, with the average rate at 20.13 percent as of February 2025. This level of interest means that not paying ...
The best debt consolidation loans tend to carry lower interest rates than credit cards, so if you meet the qualifications, you may be able to save money on your credit card debt. The bottom line
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related to: best ways to lower credit card interestaccrediteddebtrelief.com has been visited by 10K+ users in the past month