Paying Off Multiple Credit Cards: Handy Tips

While credit cards can be a great way to have a bit of extra money on the side, once you start accumulating charged on multiple credit cards, it is very easy to get out of your depths. The thing with being in debt is that once you are in it, it can feel impossible to get out, especially if you have two credit cards to pay off. However, all is not lost. There are ways you can slowly, but surely pay of multiple credit cards and ease some of that stress in your life. Within this article, we will go over a few handy tips that can help you pay off multiple credit cards.

Know Your Incoming And Outgoings

One of the first things you can do to help pay off multiple credit cards is to have a good understanding of all your incomings and outgoings. Reviewing your finances, especially when you are in debt, can be an anxious experience. But if you are going to attempt to pay off multiple credit cards, then you need to know how much money you have coming in and how much is going out every month. Perhaps make a physical list or create an excel spreadsheet where you can clearly see how much money goes on bills and another expenses. Having everything visually displayed for you will make it easier to see what money you actually have.

Once you have an idea of, then you can start working out what money is left over every month, and you can use that money pay off some of the balance on the credit cards. You could also take a lot at what you pay each month and see if there are any parts that you can cut out budget better, just for a few months. It could be that every month you are spending a lot of money on eating out, so, for a few months, you can start cooking at home instead. It is important to remember that being in debt is an extremely stressful experience, so you need to still allow yourself to have fun, so don’t cut out all the fun things in your life.

Pay Off The Card With The Lowest Balance First

Another helpful tip that can help you pay of multiple credit cards is to pay off the card with the lowest balance first. Having two credit cards that both have lots of charges on them can make you feel like you are out of your depths, so it could be a good idea to focus on the one that has the lowest balance. Paying off a small amount first is a lot more manageable that trying to pay off a huge bill, so ignore the larger balance first and try your best to pay off the smaller balance. Because it is way more achievable, once you have paid it off, you will feel much more relieved and will then be able to tackle the larger balance.

One way that could help you pay off the smaller balance it by taking out a small, short-term loan. These flexible online loans by Sunny are quick and easy short-term loans that are approved for people with good or bad credit. Additionally, once you have applied, the loan could be accepted that day and you can receive money in your account straight away. This means you do not need to be waiting days for your loan and you can pay off the lower balance right away. It could be a good option for you if you are looking for a quick way to pay off one of your credit cards, so perhaps do some research and see if it a good idea for you.

Pay More Than The Minimum Repayment

When you sign up for a credit card, you will be told that there is a minimum repayment that needs to be paid every month. Often, this minimum payment can be a super small amount, which is great in terms of not being pressured to pay off large amounts every month. However, when you are trying to pay off multiple credit cards, you should try paying more than the minimum repayment as this will help you pay off the balance a lot quicker. If you can, try and set up a regular payment each month, so you know that a certain amount of always being paid off. However, if this is not possible, then just try your best to pay of whatever you can afford that month.

Finances can sometimes be unpredictable and one month you may be financially stable than the other. It could be that one month you need to pay out for a repair, or you are hit with an unexpected bill. This is why it may not be reasonable for everyone to be able to pay off an exact amount every month, but even so, paying more than the minimum repayment will always go a lot further when it comes to clearing multiple credit card debts.

Talk to Someone

Another helpful tip that could help you manage your credit card debts is by talking to someone. When someone is in debt, it can be all-consuming, and you may find that you are mentally struggling with all the stress that comes from being in debt. When this happens, it could be a good idea for you to talk to someone to ease some of that pressure. In terms of whom you talk to about your debt, you could take the time to talk to a professional about it, as they will be able to give you expert advice on how to manage your current credit cards. They will be able to direct you to some other people who can help, and they can give you access to resources which can teach you to manage your debt.

Talking to a professional can be extremely helpful, but it could also be beneficial to just simple talk to a friend or family member. While they may not be able to give professional credit card advice, they can be a shoulder to cry on or simple someone to hear your concerns. Dealing with stress by yourself is always going to be difficult, so it could be beneficial for you share your mental load by talking to a loved one. Once they are aware of your current situation, they will be able to do more to help you and can be there for you when you are feeling down. They could also help you budget your money a bit better which can ease some of the pressure of having credit card debts.


Being in debt is widely considered to be one of the most stressful things people can go through and often it can feel as if there is no way out. However, this is not always the case. Trying to pay off multiple credit cards can be a difficult task, but it is not impossible. Within this article are a few handy tips that may help you when it comes to getting rid of some of your debt. Not every tip could work for you, but why not try them and see if it eases some of the stress and pressure.

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