Credit card debt is something I’m quite familiar with. When I turned 18, about 30 years ago, there were so many credit card companies sending me credit cards in the mail. Yes, back then they just sent you the already approved cards, ready to activate and use. Bad idea for this little chick.
Credit card companies don’t do this anymore, which I know is a good thing. That whole turning 18 with all these credit cards arriving was very tempting and of course, led me towards a pile of debt that took a long while pay off.
While I started my credit card debt right out the gate, others get further into their adult life before they screw things up. Credit card debt haunts many people from all walks of life. The awesome news about credit card debt is that there are people who can help you like Colony Associates.
Why Choose a Place Like Colony Associates
When it comes to credit card debt many of us end up with multiple monthly payments, with multiple interest rate charges and late payment fees, etc. This isn’t any fun when you’re trying to build that credit back up by reducing your previous debt.
Colony Associates allows you to make one single monthly payment to help get your credit card debt resolved. This once-monthly payment with low-interest rate options allows you to get all those interest rates, late fees and monthly payments placed into a single payment.
When you want to get rid of accumulated credit card debt, the key is to find a way to put it all into one nice package. A single monthly payment is so much easier to budget and pay than multiple monthly payments. If you’re like me, then having one payment versus multiple payments can help you budget to reduce accumulated credit card debt.
How to Beat Credit Card Debt
As I said, I was an 18-year-old adult with tons of credit cards and in turn, they maxed out and I was in some major credit card debt before I even had a real adult life. This was not fun! With that being said, I was able to beat credit card debt within just two years, once I started to focus on this debt.
Here are some tips to help you beat credit card debt:
- Add your total credit card debt so you know what’s owed.
- Add up the total monthly payments required, including any additional fees incurred.
- Make a goal of what you want to pay off and when.
- Call Colony Associates to find out if you can get a single monthly payment with low-interest to achieve this goal.
- Finalize your plan and make timely payments to achieve your get out of credit card debt goal within your hopeful timeframe.
Credit card debt isn’t the only type of debt that we accumulate throughout the years. Times of financial hardship hit the best of us and can wreak havoc on our life. It’s not easy to figure out how to pay off debt when you’re already living paycheck to paycheck. That’s why I wanted to share this information today, I’m hopeful it can help you find a way to achieve your goal to get rid of credit card debt.