How to get around the increased monthly minimum due on your credit card.
Credit card companies are increasing the minimum monthly amount due in an effort to speed the repayment of the debt. However, what do you do about this higher monthly outflow enforced upon you?
Some credit cards have a minimum monthly payment that will take almost 30 years to wipe out the debt. This is the basic reason behind the increase on minimum monthly payments that creditors are implementing.
What is a fast way to get out of the credit card debt? Do some searching with banks and loan companies to get a personal loan, you’ll find the interest rate a lot more user-friendly. Take this money and pay off all the credit cards. Remember that the highest interest rate is the one you will end up paying the most on, so get that one paid first.
Do a search for money with CashUnclaimed.com. This company was founded to enable people to search states and federal databases with one entry. The goal is to unite you with unclaimed money.