We here at Queercents are always preaching the golden rule of not carrying any debt. If you’re already in debt and just getting on the path to free yourself from the bondage of credit cards, it can be a big job. I know I’ve helped friends and coaching clients tackle credit card debt well into 5 figures of a balance and it takes savvy and commitment.Credit Cards

Let’s face it, if you pay the minimum balance on your credit cards, you’ll be in debt for decades and that “must have” piece of clothing you bought last year will end up costing you like $5,000 by the time it is all said and done. So, one of the keys to paying down your credit card debt is to follow a plan that maximizes your efforts and makes each dollar you pay toward the balance stretch as far as possible.

There are great sites out there to help you find low rates on credit cards. Sites like Money Supermarket and BankRate help you find the best rates. BankRate even offers calculators that help you determine the true cost of paying the minimum and what it will take for you to pay off your balance .
The catch to all these great tools, though is that you need to guess what your savings might be if you switch to a low interest card. A new feature called Savings Agent from Credit Card Clients allows you to fill that gap.

By entering the amount of money you owe on your different cards and the rate you are paying you can not only calculate your payments but find credit card offers that will best suit your needs. You can then compare how much you’ll save if you choose credit card A versus credit card B depending on your personal circumstances. This helps you not only choose the best card for your situation but also allows you to see how it’ll affect your monthly budget so you can consciously choose how to best use that extra money to chip away at your debt.

The Savings Agent uses a database of over 200 credit card offers from major credit card companies. It consolidates information from all these offers and calculates, in two short steps, the top 10 credit cards that will save you the most money. Then you can automatically apply for the credit card that best suits your needs right online.

You can’t beat the feeling of knowing that you’re en route to paying off your debt. It is a challenging enough task and the more tools you can use that address your specific circumstance, the faster you’ll enjoy the euphoria that comes with making that last and final payment on your balances.