If you use your credit card without restraint and just want to enjoy it without considering your ability to bear it, you will push yourself into the abyss of credit card debt. So how do you get rid of credit card debt?

1. Credit card management must be "fine"

The number of credit cards is no longer large. To get rid of the curse of card slave, the first thing to do is not to use cards to support cards. So how to achieve "refined" card management?

1. Organize the credit cards on hand. It is best to record the repayment date and statement of each credit card in a table or separate account book for easy management.

2. Classify the credit cards in your name and cancel credit cards with fewer benefits, lower limits, and lower wool content.

2. Enjoy the interest-free period and try to repay in full

During the credit card interest-free period, use credit card funds to maximize your own interests. In addition, it is recommended that you choose to repay in full when repaying your credit card, because other repayment options are not cost-effective.

3. Use the temporary limit of credit cards

Some credit cards have over-limit limits, which means that when the available limit of the credit card is exhausted, the cardholder can also use additional additional limit. Quota. The overspending limit for this type of credit card is generally 10% of the total credit limit. Please note that there is an over-limit fee for using a credit card over the limit, which is generally 3-5% of the over-limit amount.

Using a temporary limit on a credit card is more cost-effective than using an over-limit limit. Because, using a temporary credit card limit will not incur any fees.

Do you know now?