Do you have any credit card debt? How soon do you think you will have it paid off?

Question

Lliam · Accepted Answer

I have a few credit cards but only use two.
One is a Costco cash back card. My wife and I use for gas and groceries and other occasional things. But she pays it off every month so that we don't pay any interest. The reason she pays it is because the account is in her name.

I have another card that has a 1% interest rate. I use that to make on-line purchases and the rare large purchase. I currently have about a $6,000 balance on that. I pay them $200 a month with automatic withdrawal. But I don't worry about carrying a balance because I pay almost no compounding interest.

I never use my ATM card for purchases.

DrPepper12 · Accepted Answer

No. We pay it off every month and we haven't paid interest charges in probably 10 to 15 years. I only wish I could say that I didn't have a mortgage anymore but that's coming to an end soon thank goodness. We don't have any car payments, and that's making a big difference. But our biggest expense in addition to the mortgage is college tuition.

FreyaRed · Accepted Answer

Once I got a brand new leasing car and was blank after paying part of this car's price, but needed winter wheels and got with my account in minus until next wage. I paid for three weeks debt over 2% interests, I found it as usury that is illegal in my country. After that I just have set credit limit of my bank account to zero. Never again a credit

CindyRuns · Accepted Answer

I always pay my cards off every month !!!

Wallythewalrus2 · Answer

I have three credit cards, one company card and two personal cards. I honestly can't remember the last time I used my personal cards, so there is nothing owed on them. I use the company card constantly! That's what it's there for. I'm guessing payments are made, it hasn't been declined.

Anonymous · Answer

I pay my bills in full each month. So I always have a bill, but I never pay interest.

lightbulb27 · Answer

always, pay it off monthly, collect the 1-5% they confiscate from the merchant which they collected from me.

EmmaMary · Answer

No absolutely not... All our cards are completely cleared every month.

Dargil · Answer

Maybe two years. When I stop buying airline tickets. Can't use a Debit.

exitseven · Answer

Yes, my balance is 86 bucks. I will pay it in full once I get the billl.

Fireguy17 · Answer

Nope They are paid off in full every month. If i don't have it, I don't spend it.

Staximus · Answer

No , I don't try to live above my means. I have no debt

Anonymous · Answer

No. I never carry a balance on my credit cards. Fortunately I've had the ability to maintain that over the years.

Cat67 · Answer

Amazingly no credit card debt yet not yet

Smashingdoozy · Answer

Nope I paid off all my debts when I got my inheritance

NathanDavis · Answer

nope

schoolgirlskirtcaley · Answer

Monthly pay mine, so I guess no. Not really

Astarlessnightsky · Answer

No i don't have a credit card.

AviatorTom · Answer

I pay my credit card balance every month.

Bricealan · Answer

Yes, and many moons to pay it off.

RedInnocent69 · Answer

Sometimes. Now, yes. Soon.

eagle1951 · Answer

40 years after i'm dead

jamesgoldman · Answer

Nope

noohair · Answer

Never...

Do you have any credit card debt? How soon do you think you will have it paid off?

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