Don't consolidate: it may show up on your credit card report and then it's viewed negatively and affects your credit rating.

Instead, you can figure out ways to pay it off faster. You're doing the right thing by paying more than the minimum.

Look at it this way… could you figure out how to save just $10 a day? Cut out lattes, or bring lunch from home, or rent a movie instead of going to the movies. If you could cut just ten dollars a day from your expenses, you could pay off $300 a month!

Try reading "Pay it Down" or "Get Out of Debt, Stay Out of Debt."keep doing what u are doing! pay it off as soon as u can! do not consolidate! if you do they will close ur account on ur credit card. if you what to continue to have the card in the future don’t consolidate!Never, ever even consider consolidating your debts. Yes, you see the new payment total and think "Oo, that's low" but forget that you are now paying off that debt for several more years (usually longer than the original debt would have lasted).

Continue to pay off more than the minimum $25 on your credit card – and cut up the card so you cannot use it again.

Continue to pay off your car loan as before.

For one week, write down everything you spend.
You then get a bigger picture of where any un-necessary spending is going, i.e. you may buy 4 magazines a week, a DVD, a CD, etc. These things aren't vital or really necessary so you can cut these out.

Work out your income, then deduct rent, gas, electric, car insurance, travel. You then have your final monthly figures. You can then work out how much extra you can put towards your credit card and car loan.

Buy in bulk and freeze foods where possible, take advantage of BOGOF (buy 1, get 1 free) offers but only if you actually need that item! Shop at the end of the day when shops drastically reduce their soon to be out of date foods – buy it, then freeze it.

It can be done, just takes a bit of planning and a bit of cutting back.t’s no secret that credit card debt has become a major problem facing our economy today. If you’re one of the millions of consumers suffering from major credit card debt, then you’re probably desperate to get your massive bills under control. But the options seem limited; you probably think that it’s almost impossible to make your paycheck stretch enough to get a handle on all of your debt. It can be easy to let credit card debt take over your life – don’t let it! Whether you had an accident and had to live off of your credit cards for a few months, or just weren’t smart with your debt, there are ways that you can control your debt and pay it down – without asking your boss for a 50% pay raise! Here are the best tips for credit card debt consolidation. Put down the credit card.

http://www.worldbestloans.com/bad-debt-credit-card.htm

http://credit-cards.awardspace.com/

It may seem like common sense, but if you’re still charging purchases, you will never escape your credit card debt. Hide your credit cards and use your debit card to make your everyday purchases – you’ll soon spend well within your budget! Cut down on luxuries: Do you eat out for lunch everyday? Do you absolutely have to have that four dollar latte every morning? Luxuries like these are exactly that – luxuries. When you’re trying to get rid of credit card debt, you have to give up a few unnecessary luxuries. Try bringing your own coffee to work, or make lunch at home. The peace of mind you’ll have once your debt is gone will definitely be worth it.Keep paying as much as possible on your cc and get it paid off and keep it paid in full!!! If you cannot afford to pay the balance in full every month, they you should not have a credit card. If your finances are in such bad straits, then get a second job to pay off your debts.
Don’t take out any more loans!!! Or use anymore credit cards. Put every extra dollar you have towards that credit card. We tend to want instant results, b/c with credit we can get things we want instantly. But paying back a debt should take time. The interest rate on your car should be fairly low.

One credit card on your report is not bad if you are paying according to the terms. If the interest rate on the card is high then you could look into a balanace transfer to another card, if it is really low interest rate.don’t worry there are online sites which solves your debt problem by getting you enrolled in online program and the entire process can be handled from the comfort and convenience of your home or office.you can always speak with one of helpful account specialists who are standing by to assist you with any questions that you may have. thanks.

Looking for more information on credit card counseling

Tags | credit card debt