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How To Shave Hundreds Off Your Credit Card Balance Before the End of the Year

GOBankingRates Logo By Gabrielle Olya of GOBankingRates | Slide 1 of 22: It’s almost the end of the year and many of us will be looking for a fresh start in 2020. One of the best ways to start the new decade off is to enter it with less credit card debt. A recent GOBankingRates survey found that debt is the No. 1 financial roadblock of 2020 — and credit card debt is often the highest-interest debt people have. That means the longer you keep a balance, the harder it will be to pay it off. Even though the new year is quickly approaching, there are things you can do now to shave hundreds of dollars off your credit card balance. GOBankingRates spoke to financial experts for their best advice on lowering and eliminating credit card debt to set yourself up for a successful financial future. Last updated: Nov. 3, 2020

It’s almost the end of the year and many of us will be looking for a fresh start in 2020. One of the best ways to start the new decade off is to enter it with less credit card debt. A recent GOBankingRates survey found that debt is the No. 1 financial roadblock of 2020 — and credit card debt is often the highest-interest debt people have. That means the longer you keep a balance, the harder it will be to pay it off.

Even though the new year is quickly approaching, there are things you can do now to shave hundreds of dollars off your credit card balance. GOBankingRates spoke to financial experts for their best advice on lowering and eliminating credit card debt to set yourself up for a successful financial future.

Last updated: Nov. 3, 2020

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