Author Topic: can i do this. Credit card debt  (Read 669 times)

hixyhicks

  • *
  • Posts: 1
can i do this. Credit card debt
« on: Dec 06, 2019, 09:11:02 AM »
Hello,i have about 15k of debt on Credit cards.Every month i pay of more than the minimum but not a lot more.I have cut up the cards so i can't use them anymore.My question is this.
I saw a video on youtube were a man says to put as much money as you can on the smallest card to pay that off quicker.Then once that's paid off put the money towards the next smallest and while doing this,pay the minimum on the rest.
My concern is if i do this I'm going to get letters saying I'm in persistent debt and they will freeze the cards.I don't mind that.As long as I'm paying the minimum will i be ok ? or can i get into problems.


Regards
hixy

Cynthiaruini

  • *
  • Posts: 1
can i do this Credit card debt
« Reply #1 on: Jan 02, 2020, 06:59:12 PM »
Theres only really four countries the West that have debt problems. Every Western State other then Spain, Italy, Greece, and the US is doing fine, even if they have debt.