Paying credit card debt
When paying credit card debt feels impossible
When your credit card balances are rising steadily and paying credit card debt off seems impossible, it can feel pretty scary and overwhelming.
The good news is: you have options. From debt management plans to debt settlement or a debt consolidation loan, there are many ways of dealing with debt and making a plan for paying credit card debt off over time.
The bad news: not every strategy is equally effective, and there are many approaches to paying credit card debt that can actually leave you worse off. That's why, when you want to know how to consolidate credit cards or which debt solution is best for you, it's important to contact a professional credit counselor.
Get help paying credit card debt from ACCC.
American Consumer Credit Counseling (ACCC) is a nonprofit organization dedicated to helping consumers get out of debt. We offer free credit counseling, low-cost debt services and a wealth of free educational material that can help you more effectively manage your money and save for your financial future.
Whether you need help paying credit card debt, dealing with bankruptcy or managing student loan debt, our credit counselors are ready to provide support and answers to help you find the best path out of debt and learn how to avoid it in the future.
During your free credit counseling session, we'll discuss and document your financial situation, talk through all the options available to you and help you choose the best strategy for paying credit card debt off as quickly as possible. Our counselors can also answer all your questions about whether it's advisable to pay off credit card debt with loan consolidation options and how to consolidate credit card debt most effectively, if that is the right path for you.
Paying credit card debt with a debt management plan
Depending on your financial situation, we may recommend a debt management plan as the best way of paying credit card debt off. Under this arrangement, rather than trying to keep up with payments to a number of creditors, you'll make one monthly payment to us and we'll pay your creditors for you. With just one check to write each month, you'll find it easier and less stressful to keep up with payments. A debt management plan also allows us to work directly with your creditors to seek possible reductions in finance charges and interest rates, helping to lower the amount you owe so you can pay your debt off more quickly.