Hellow guys, Welcome to my website, and you are watching How to pay off Credit Card Debt Fast | Less than 6 Months. and this vIdeo is uploaded by TommyBryson at 2019-11-16T16:39:44-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | How to pay off Credit Card Debt Fast | Less than 6 Months |
| Video Uploader | Video From TommyBryson |
| Upload Date | This Video Uploaded At 16-11-2019 19:39:44 |
| Video Discription | According to my Credit Score, I owe around $12,723, and I plan on paying off in less than 6 months, although I could pay it off in one payment. And that’s why in this video im going to give you guys my plan to how I owe 12,723, and I pay 0 interest and the different ways to get rid of this debt without paying interest. Im going to answer these questions. The fastest way to pay it off? How to pay no interest? And if you should just default? How to pay off credit card debt fast | Less than 6 Months One Rule: Once you're done, stay out of credit card debt. Use the card with rewards and points and pay them off in full, and that way, you win, and the credit card company doesn’t make 30% by charging you interest. 1. Audit: this how we know how much we owe and to who and at what price. - List Credit Cards, Interest rate and amount - ( call in your credit if you don’t know the APR or go to the App) Example: Apple rewards Card: 27.49% and I owe $5,014.53 (it's 0% because of promo) Discover it Card: 16% and I owe $310 (it's 0% because of promo also) Chase Unlimited Card: 26.49% and I owe $1999.62 ( 0% because of promo) What to Do and which one to pay Off and How? Avalanche Method saves us Money Step 1: Organize the Card in order of high APR Step 2: Pay More money towards that card and the minimum on the others Step 3: repeat Tip: I pay 560 on average a week towards my cards; you can start 100 bucks or an extra 60; the key is to step by step lower the balance. 2. How to Avoid Paying Interest Tip: transfer the balance to another card with a promotional Period How: its Call a balance transfer Story: - I needed cash, so I would take cash advances and do deals with them - Now once I had to pay interest, I would transfer the balance to a card that gave me 12-21 months to pay it off interest-free - Why? You have to pay 3% to transfer the balance, but that’s a lot better than 27% Instructions: - Get a balance transfer card - Transfer the balance - Pay your cards in full before the time runs out Video on the best Cards: https://www.youtube.com/watch?v=X3kNqHWezKU 3. Should you Default ( I’ll make an entire video on this later on) Story: I remember I got my first credit card, and I spent 3k and maxed it out, and then 1-2 months later, I lost my job. - I thought about, and some people recommended I stop paying but just like you I came to videos and books to find solutions - In the end, if I would have stopped paying I would have been financially screwed over - Plus theirs a lot more benefits to solving problems you get yourself into, than defaulting and banks know that and respect that. * PRO TIP* INFORMATION IS EVERYTHING 👕Merch👕 https://teespring.com/stores/tommybryson ✅2 FREE AUDIOBOOKS✅ https://amzn.to/2Enayo8¬¬¬ 🎁ACORN FREE $5🎁 Link: https://acorns.com/invite/38EYSU ⚡FREE KINDLE UNLIMITED⚡ (traditional reading) Link: https://amzn.to/2VGbxt9 👨🏽💻DISCORD PRIVATE GROUP👨🏽💻 ( Limited - Comment if Full) https://discord.gg/JVsXZ6h My Camera Gear: https://amazon.com/shop/tommybryson ✔ Help Us Reach 50,000 Subscribers: https://goo.gl/0wvm6w Social Media~ Facebook: https://www.facebook.com/tommybryson.yt Twitter: https://twitter.com/TommyBrysonVlog Instagram: https://www.instagram.com/tommybryson Snapchat: tommy28fly |
| Category | Education |
| Tags | tommybryson | how to pay off credit card debt fast | Less than 6 Months | dave ramsey | credit card debt | debt | debt free | budget | how to pay off debt | credit card | money | how to pay off credit card debt fast | how to get out of debt | pay off debt | how to | credit cards | budgeting | paying off credit card debt | cash | how to save money | debt snowball | personal finance | get out of debt | how i paid off my debt | dave ramsey debt snowball | pay off debt fast | debt free journey |
