A new tip (at least to me) for paying off credit card debt faster is to make a separate payment every 14 days to the credit card company. Making a payment every 14 days equals one extra month’s payment that you have made at the end of the year – thus reducing the amount of interest the credit card company charges your account. Make sure you mark your calendar to make the payment every 14 days and work the dates around your statement cycle so that you avoid paying late fees.
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Last modified: March 10, 2009