credit-card-debt-consolidation-elimination-relief

Hello everyone, Lets say you followed my previous post advise and are ready to begin the credit card elimination process well here is how you start.

Get a secured credit card with the amount you need to pay your monthly credit card payments, lets say after adding all credit cards payments your total is $300. Well you get a secured credit card and load $350.00 in the card so your available balance will cover for all credit card payments. Now don’t forget some companies charge an activation fee, monthly fee or yearly fee make sure you add money to cover those expenses too.
After getting the secured credit card you need to start making the payments using that card. the reason you do this is cause when you use this card to make payments you will be eliminating your credit card debt and at the same time you will be establishing a positive credit history. make sure the card you get is not a debit card, you need a secured credit card that reports to all 3 credit reporting agencies.
Once you reach your goals by eliminating your credit card debt you will make sure to keep building a positive credit history for several years by using small amounts and taking your time to payoff the whole amount in one month if thats not posible due to the amount is too low then use it for gas or groceries but make sure you don’t use more that 70% of the card. just use it for small things cause if the amount you owe is more that 50% your score will drop untill you reach again a higher available balance.
hopes this help and good luck with your credit card debt condolidation journey