How to save yourself as a credit card slave who owes 200,000 yuan:

1. Calculate how much money you owe on each card, and calculate the monthly handling fee for repaying a credit card of 200,000 yuan. Develop a savings plan. How much money you earn every month, and how much you can save by saving food and spending money, will all be used to repay the loan.

2. If your family's financial situation is sufficient, it is recommended to take out 200,000 from home and pay off the credit card first. If you slowly repay your family's money, at least you won't have to pay any handling fees.

3. Open more sources. If you are under pressure, you should be motivated. Find more part-time jobs and spend less money. Basically, you can pay it off in 2-3 years.

Extended information:

Solutions to credit card slaves:

1. Minimize living requirements and unnecessary consumption expenditures, and at the same time be proactive Find ways to increase financial income.

2. You can borrow money directly from relatives or friends, pay off the bank debt all at once, and then pay back the money to family or friends slowly. At least there is no interest or the interest is lower than that of the bank.

3. If you have several cards, you should give priority to paying off the debt with a small limit. Try to use a card with a large limit to pay off the debt on the card with a small limit, so as to avoid paying interest.

4. You can borrow money through other methods, such as mortgaging your house or car to obtain a bank loan. The annual interest rate is generally only about 8, which is much more cost-effective than credit card debt with an 18-year interest rate and a bunch of other fees. .