by consistently paying off more than the minimum balance.
Credit cards usually require a minimum payment every month equal to three or four percent of the balance. More recently, they can go as low as one percent. At these rates, it can take many years to pay off a credit card if you only pay off the minimum each month. You fill find paying the minimum often only covers the interest and will hardly chip into the original amount owed, if at all. So pay as much as you can possibly afford each and every month over and above the minimum.
You will see your repayments exceed the interest charges and your original debt will start to shrink!
