If you find yourself under increasingly high credit card debt that you can’t seem to get rid of, it can be hard to find solid advice on what to do with it all. Here are a few things you should not do.
- Ignore your debt completely.
- Pay only the requested minimum payment.
- Keep spending on your credit cards.
- Borrow from friends and family.
- Doing too many balance transfers and not taking advantage of introductory rates.
- Quickly rushing to bankruptcy.
Image via Quicken Loans.