Category Archives: Credit Cards

You may have noticed the recent addition of the minimum payment warning box on your credit card statement. Overall it sends a pretty powerful message that it will take a long time to pay off your credit cards if you continue to pay the minimum payment. I have not taken the time to figure how [...]

One popular strategy for multiple credit card balance annihilation is the debt-snowball method — lining your debts up from smallest to largest and attacking the smallest balance first. The major benefit of this strategy is a mental one: it ensures that your first payoff day will arrive in the shortest amount of time because you [...]