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Personal Finance
HomeForumsPersonal Finance$20,000 credit card debt
Tanner K.'s profile image
Tanner K.'s profile image
Tanner K.
  • New to Real Estate
  • from Saint Cloud, MN
  • Member since Apr 4, 2019
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Tanner K.'s profile image
Tanner K.'s profile image
Tanner K.
  • New to Real Estate
  • from Saint Cloud, MN
  • Member since Apr 4, 2019
Connect
Tanner K.
  • New to Real Estate
  • Saint Cloud, MN
21
Votes |
39
Posts
Personal Finance

$20,000 credit card debt

Tanner K.
  • New to Real Estate
  • Saint Cloud, MN
Posted Jul 5 2019, 20:50

Hey BiggerPockets! I’m trying to help a friend with $20,000 in credit card debt, avg interest over 18%. What are some good options to pay it down? Transfer to 0%/15 month credit card? personal loan? What are some ways to go about reducing this kind of debt and paying it off sooner?

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