Pay off $ 30K in Credit Card Debt Fast
News from Fox Business:

Dear Debt Adviser,
What is the best way to get rid of credit card debt? Due to a job income decrease, I have added to my credit card debt over the last two years. I rarely use the cards anymore. I pay the recommended amount to pay off in X amount of years. So I am paying extra, but it seems like it is taking forever, and I just want to pay them off the quickest way. I have six cards with interest rates of zero percent to 19%, and the total balances combined are close to $ 30,000. I have never had this much debt on credit cards, and it is stressing me out. Please offer some advice.

Another concern I have is when I started to use the cards, my credit limits had been decreased. How does that affect your score compared to getting a personal loan? My credit score is still good to excellent. I do not want to move balances around and pay the transfer fees, as that hasn’t seemed to work for me in the past. Also, a home equity loan is not an option due to…………… continues on Fox Business
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Will consumers be hit with higher prices for credit card purchases?
News from Debtmerica Relief:

The Durbin Amendment to the Dodd-Frank Act was designed to help protect consumers, but may end up resulting in higher costs for making credit card purchases.

The Federal Reserve Board recently capped the amount payment processing networks could charge businesses for accepting debit transactions, but now these networks are likely to boost the…………… continues on Debtmerica Relief
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