I was irresponsible after college and got myself into a lot of credit card debt, always thinking I'd get a better job and pay it off eventually. That didn't happen and it snowballed until I could barely afford the minimum payments. I was making less than $30k/year and I was freaking out because it seemed beyond my control and I didn't know what to do.
This was a year and a half ago, and I had over $13k all on one card, with 17% APR. I decided to start budgeting and get a card with 0% APR (for a year) and no transfer fee. I paid as much as I could until the year was up, then applied for another 0% APR card and transferred the balance again. That was 6 months ago and I'm down to $4k left on the card now. I plan to have it completely paid off by August, maybe sooner.
I'm starting to feel like a tremendous burden has been lifted and I don't want to screw it up. My credit score is pretty good (749) and I'm now making $35k/year. I still have $20k in student loans, and I'll be putting any extra money towards that as soon as the credit card is paid off. What should I know going forward? How do I keep my credit score as high as possible?
Submitted January 31, 2017 at 11:06AM by DebtAdvice123 http://ift.tt/2knmm0z
