One Simple Trick to Pay Off Credit Card Debt

One of the easiest ways to start tackling your credit card debt is to pay more than the minimum payment—and here’s why it works.”
“When you pay only the minimum, a significant portion of your payment goes toward interest rather than reducing your actual balance. This means you’re stuck in a cycle of debt longer than necessary.”
“Instead, aim to pay as much as possible above the minimum. Even an extra $20 or $50 each month can accelerate your debt repayment. Let’s take an example: If you owe $1,500 at a 20% APR, paying the minimum could keep you in debt for years. But doubling your payment could cut that timeline in half.”
“Maximize your debt payoff with every payment, and you’ll be debt-free sooner.