Strategies to Pay Off Loans Faster With a Credit Card

Make minimum payments on all debts except the one you're focused on paying off

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Pay as much as you can towards the highest-interest debt each month

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Ask for a lower interest rate by calling your credit card company

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Consider transferring the balance to a card with a 0% intro APR for 12-18 months

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Pay more than the minimum due on your credit card bill each month

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Put any extra money, like tax refunds or bonuses, towards the credit card balance

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Avoid using the card while paying down the balance

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Look for cards that offer rewards you can use towards paying down the balance

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Set up automatic payments to ensure you don't miss payments

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Track your progress each month to stay motivated and see your balances going down

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