How to pay off my credit card? STEP-BY-STEP

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Step 1: Check your current credit card statement to find the balance on your card.

Step 2: Calculate how much you can afford to pay off each month by looking at your budget and reducing or eliminating unnecessary expenses or items.

Step 3: Decide whether you want to pay off the entire balance at once, or in smaller increments.

Step 4: Make a payment plan for yourself, setting due dates for payments you will make.

Step 5: Contact your credit card company to ensure that any payments you make will be applied correctly.

Step 6: Stick to the payment plan, making sure to pay at least the minimum payment due each month.

Step 7: When possible, make additional payments to reduce your overall balance.

Step 8: Monitor your credit report for updates to make sure that all of your payments are being credited properly.

Step 9: Celebrate when you have paid off your credit card balance!

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