Five Tips On Paying Down Your Monthly Credit Card Debt Brought to You By Southridge Capital

How many of you have one of our credit cards? Well, then you know what a big responsibility it is. You cannot simply charge something and expect it to pay itself off. You do need to be diligent with our credit cards.

 

Here at Southridge, we pride ourselves in offering the best customer service possible. That means helping Southridge Capital clients’ understand their role with credit cards and paying down the debt.

 

1) You need to make a payment every month. You cannot just make a payment when you feel like it, though, some of our clients like to believe that. Your payment is scheduled on an exact day. We know this is common sense, but you are going to be surprised at how many clients do not listen to this.

 

2) You can ask a credit counseling service for help. In fact, we recommend it, especially for those who are deep in debt. We have a list of people you can talk to at one of our office locations. You can also Google the information online.

 

3) You may be tempted to close out an account, once it is paid off, but we do not recommend it. Keeping the account open will help your credit score. We can give you some more information about that. Give us a call or go online to our official site or Facebook page.

 

4) Paying the whole thing off right away may not be healthy for your credit score. We did some research on that. We found that making routine monthly payments is the better way to secure a healthy score.

 

5) You also need to start saving as much as you can when you can. Take any money you have leftover and open up a savings account with us. It does not need to be a lot. Saving a little bit over time will do the trick. You can speak to us about our savings accounts today by going online or giving us a call.

 

For more info, visit the company’s crunchbase page.

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