Trump pitches capping credit card rates at 10%.
(nypost.com)
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I hope that you’re just not making minimum payments AND still charging with the card. Every year I took two days out of my Algebra II classes and taught how credit card debt can get out of control and how making only minimum payments compound the problem.
We had $32k in credit card debt. I paid more than minimum every month. It just wasn't going down (our fault, we kept using them). Unfortunately, it took an inheritance to pay it off, but without the inheritance we would have figured out another way. We did have quite a bit of equity in our house so we could have gone that route but neither of us wanted to wipe out our equity. If I was in that situation today, with rates being higher, things costing more - we'd be in big trouble. I pray things work out for you.
The snowball method is a wise choice. I was trying to pay the amount of monthly interest on top of the monthly payment so that the balance would actually go down but with that much credit card debt (and adding more in every month), it was one step forward, two steps back.
Sell plasma, get a PT job, etc... 10K is a small amount of debt. Even @ 30% APR that's 250 a month interest...