I apologize in advance as i’m sure this comes up all the time, but I cant seem to find a thread that answers my circumstance.
I currently have a credit card with around 4600 remaining on it. I am paying the minimum payment each month and will take me approx 31 years to pay off.
So the question is this, whats the best way to pay it off? Im cutting on my bills so may be able to pay a little more off each month but also going through a divorce so who knows whats going to happen.
Ive looked into BT cards but I can only seem to get a small limit. Is this a good approach? Take out chunks with small BT cards, bit by bit?