Debt
Pay Off Credit Card Debt
The installment needs to fit the real month, not the ideal month.
Credit card debt usually mixes current purchase, old installment, and interest. Separating these parts avoids a bad deal.
- Add up everything that will still fall.
- Compare CET.
- Stop new purchases.
- Adjust categories that grew.
Perguntas frequentes
Should I use reserve to pay off card?
It can make sense if the debt has very high interest, keeping a minimum reserve to avoid returning to the rotative.