Now is when the holiday bills arrive and our budgets feel stretched! It's easy to feel overwhelmed by debt payments and end up avoiding them. But when you don't take control of your debt payments, the interest charges pile up – and grow and grow! Let's consider strategies to help take control of credit card bills.
First, get organized. Make a list of each credit card or other debt with 1) the total amount owed, 2) the annual percentage rate (APR) you're being charged, and 3) the required minimum monthly payment.