6 Ways to Pay off Credit Card Debt

March 08 2014

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Source: money.usnews.com

The average U.S. household has $15,270 in credit card debt, according to NerdWallet. That’s almost a third of the annual median household income in the U.S.

In addition, 76 percent of Americans are living paycheck to paycheck, according to a 2013 bankrate.com survey. This means if they have an employment disruption or a major expense, they’re going to start skipping monthly bill payments.

If you’ve got a pile of credit card debt, and are living paycheck to paycheck, you’re walking a tightrope. Thankfully, here are some simple steps that can help you dig out of debt.