Credit Card Debt Relief
Credit card debt relief is what every debt-struck credit card holder is
looking for. Credit card debt relief is not just about reducing or eliminating credit card debt; credit card debt
relief is also about getting de-stressed. Credit card debt relief is about working for oneself and not just for the
credit card debt that you have on you. Yes, it’s unfortunate but true. In fact, you can hear statements like “I
have got a better job, now I can pack up my credit card debt even faster”. So, in that sense, credit card debt
relief is really about getting your life back on the normal track.
The most important credit card debt relief comes in the form of de-stressing you. Everyone knows about the
harmful effects of stress; so, if credit card debt relief means postponing your purchases for later, you should do
so. There are no goods out there that can give you as much joy as credit card debt relief can. Besides postponing
the purchase of your favourite goods, there are few more things that you need to bring into practice in order to
get credit card debt relief. Most of these credit card debt relief mechanisms advocate restraint spending e.g.
preparing a (tight) monthly budget and sticking to it. Using cash instead of card for making the payments for your
purchases is another advice. Debt consolidation is another popular way of getting credit card debt relief. You will
find a lot of advice (and you can even hire a consultant) for ways to achieving credit card debt relief. So, there
is no dearth of advice on credit card debt relief or credit card debt consolidation or credit card debt
elimination. However, what is not so common is the advice on how to act in the post ‘credit card debt relief’
period i.e. after credit card debt elimination. It goes without
saying that if you don’t exercise care in the post ‘credit card debt relief’ period, you might again fall a prey to
credit card debt. So, if you have been refraining from making purchases, you should not, all of a sudden, start
purchasing all those favourite goods that you had been avoiding. The recommended guidelines for post ‘credit card
debt relief’ period are not much different from the ones for achieving credit card debt
Here are the top 5:
1. Plan your expenses using a monthly budget
2. Do not buy anything that you don’t need
3. Do not go for too many credit cards (just one or two should be sufficient)
4. Always make full payments of your credit card bill and do it before the due date
5. Never use more than 60-70% of the credit limit available to you.
Credit in Minutes Tip #1
Stay on top of your credit report. Most credit reports contain errors. Make sure you check your credit report
every year (you get one free credit report every twelve months) and if there are errors make sure to challenge them
with the reporting credit agency. Credit agencies are required to investigate each and every challenge that gets
Credit in Minutes Tip
Just because you qualify for all of those credit cards does not mean you should get them. A person with too many
credit cards looks sketchy in the eyes of a potential creditor. Think of it this way: if a person is financially
stable does he or she need ten different credit cards? Wouldn’t just one or two suffice?
Credit in Minutes Tip
The best way to raise your credit score is to make all of your payments on time. It sounds too simple to be
true, but that’s all there really is to it. Staying out of debt and/or making all of your debt payments on time
will keep your score up where it should be.