How To Pay Off Credit Cards Fast

Adam Del Duca
5 min readJun 16, 2020

When was the last time you actually paid cash? More likely than not, every single one of your purchases is paid using the tap of a credit card and given this fact, it’s no surprise that as of 2019, Americans are in more than $1 trillion dollars worth of credit card debt! Therefore, in this article, I am going to share with you 5 of the best ways to pay down credit card debt fast!

Tip #1: Look at your credit card debt in chunks

Let’s face it, the thought of paying down your credit card debt can be intimidating, especially if you have a large balance to repay. For many, this intimidation can lead to total avoidance of repayment altogether but luckily there’s a solution. If you’ve ever gone from a long run, you’ll know that it’s much easier to think of the run as four 15-minute chunks than a full hour run, and this same principle can be applied to your credit card debt. For example, instead of thinking about the $20,000 of debt you owe as a single amount, consider it as four different chunks of $5,000 each. While splitting up your total amount into more manageable chunks doesn’t naturally cause your debt to decrease quicker, it can get the debt elimination process started if the large balance you’ve been carrying has been turning you off from making any size of repayment whatsoever. As a rule of thumb, especially if you have multiple…