Comments on: How To Get Out of Credit Card Debt http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt Get Out of Debt Using Disciplined Personal Finance Wed, 23 Jun 2010 07:33:47 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Hawk http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt/comment-page-1#comment-566 Hawk Mon, 26 Apr 2010 15:11:22 +0000 http://www.thedebthawk.com/?p=522#comment-566 I couldn't agree with you more Craig. Once people start paying down debt, they almost get addicted to it. I couldn’t agree with you more Craig. Once people start paying down debt, they almost get addicted to it.

]]> By: Craig Ford http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt/comment-page-1#comment-565 Craig Ford Mon, 26 Apr 2010 12:26:56 +0000 http://www.thedebthawk.com/?p=522#comment-565 I think velocity is so important. Once people start seeing some positive results then they can taste victory. Go for some good quick wins (bill payments) and then take advantage of that momentum. .-= Craig Ford´s last blog ..<a href="http://www.moneyhelpforchristians.com/start-business-for-teens/" rel="nofollow">How To Start A Business For Teens This Summer</a> =-. I think velocity is so important. Once people start seeing some positive results then they can taste victory. Go for some good quick wins (bill payments) and then take advantage of that momentum.
Craig Ford´s last blog ..How To Start A Business For Teens This Summer My ComLuv Profile

]]> By: Yakezie Carnival #6 - Canadian Finance Blog http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt/comment-page-1#comment-527 Yakezie Carnival #6 - Canadian Finance Blog Sun, 04 Apr 2010 09:02:58 +0000 http://www.thedebthawk.com/?p=522#comment-527 [...] Debt Hawk presents How To Get Out of Credit Card Debt saying “Full-proof guide on how to get out of credit card debt. Don’t make getting out [...] [...] Debt Hawk presents How To Get Out of Credit Card Debt saying “Full-proof guide on how to get out of credit card debt. Don’t make getting out [...]

]]> By: No Perfect Plan For Getting Out Of Debt | The Debt Hawk http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt/comment-page-1#comment-503 No Perfect Plan For Getting Out Of Debt | The Debt Hawk Thu, 25 Mar 2010 15:10:23 +0000 http://www.thedebthawk.com/?p=522#comment-503 [...] my recent article, How To Get Out of Credit Card Debt, I wrote about how it is not necessary to track your spending for 30 days or to create a budget.  [...] [...] my recent article, How To Get Out of Credit Card Debt, I wrote about how it is not necessary to track your spending for 30 days or to create a budget.  [...]

]]> By: Black Coffee: My Favorite Blogs, Money News & Opinions #38 (America on the Brink Edition) http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt/comment-page-1#comment-488 Black Coffee: My Favorite Blogs, Money News & Opinions #38 (America on the Brink Edition) Fri, 19 Mar 2010 22:47:25 +0000 http://www.thedebthawk.com/?p=522#comment-488 [...] for concrete ways to effectively retire your credit card debt, the Hawk has put together an excellent how-to guide that will help you do exactly [...] [...] for concrete ways to effectively retire your credit card debt, the Hawk has put together an excellent how-to guide that will help you do exactly [...]

]]> By: William http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt/comment-page-1#comment-479 William Mon, 15 Mar 2010 00:12:26 +0000 http://www.thedebthawk.com/?p=522#comment-479 One of the better posts I've seen on debt reduction with some specific ideas. I like the concept of velocity in reducing c/c debt. Advice that everyone should pay attention to. Thanks for the article. One of the better posts I’ve seen on debt reduction with some specific ideas. I like the concept of velocity in reducing c/c debt. Advice that everyone should pay attention to. Thanks for the article.

]]> By: Friday Links - Canadian Finance Blog http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt/comment-page-1#comment-477 Friday Links - Canadian Finance Blog Sun, 14 Mar 2010 03:53:20 +0000 http://www.thedebthawk.com/?p=522#comment-477 [...] The Debt Hawk shares how to get out of credit card debt. [...] [...] The Debt Hawk shares how to get out of credit card debt. [...]

]]> By: Hawk http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt/comment-page-1#comment-475 Hawk Fri, 12 Mar 2010 19:14:40 +0000 http://www.thedebthawk.com/?p=522#comment-475 @Deacon - Thanks for stopping by my site. I don't think that I have seen your blog before. I am enjoying checking it out!! @Deacon – Thanks for stopping by my site. I don’t think that I have seen your blog before. I am enjoying checking it out!!

]]> By: Hawk http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt/comment-page-1#comment-474 Hawk Fri, 12 Mar 2010 19:13:59 +0000 http://www.thedebthawk.com/?p=522#comment-474 @Bible Debt - I absolutely agree that JUST moving money from one credit card to another will not help you to get out of debt. However, if you have $2,500 on a credit card charging 24.99% APY and you have an available credit card with a lower interest rate, I would transfer the balance fast. I understand Dave Ramsey's aversion to debt consolidation loans, but I think that you might as well take advantage of the lower interest credit card. I am not advocating applying for new credit cards to transfer balances to a lower interest card. At the end of the day, the only way to get out of debt is to pay it off. But, I don't see anything wrong with saving money with a lower interest credit card. @Bible Debt – I absolutely agree that JUST moving money from one credit card to another will not help you to get out of debt. However, if you have $2,500 on a credit card charging 24.99% APY and you have an available credit card with a lower interest rate, I would transfer the balance fast.

I understand Dave Ramsey’s aversion to debt consolidation loans, but I think that you might as well take advantage of the lower interest credit card. I am not advocating applying for new credit cards to transfer balances to a lower interest card.

At the end of the day, the only way to get out of debt is to pay it off. But, I don’t see anything wrong with saving money with a lower interest credit card.

]]> By: Deacon Bradley http://www.thedebthawk.com/how-to-get-out-of-credit-card-debt/comment-page-1#comment-473 Deacon Bradley Fri, 12 Mar 2010 03:14:24 +0000 http://www.thedebthawk.com/?p=522#comment-473 Awesome. I love that it's all about "laser focus!" I see too many people who run it like a marathon. Get mad! Get moving! And get it OUT of you LIFE! I also think you can't overemphasize the psychological effect of seeing your debt shrink. Great advice. Awesome. I love that it’s all about “laser focus!” I see too many people who run it like a marathon. Get mad! Get moving! And get it OUT of you LIFE! I also think you can’t overemphasize the psychological effect of seeing your debt shrink. Great advice.

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