1. How To Pay
Off Credit
Card Debt
By: Angela
Rivera

2. Financial Hardships: the main
cause of credit card debt.
 Slowing economy.
 Lost jobs.
 Rising unemployment.
 Sickness.
 Rising costs of health care.

3. The Facts: Credit card debt per
household is rising each year.

4. Create a plan to pay off
credit card debt!
 Cut costs in your budget.
 Pay off your high interest cards first.
 Use your tax return, or bonus to pay debt.
 If you have savings, use it to pay down
debt.
 Be wary of debt settlement companies.
 Be debt free!

5. Works Cited
Braze, David. "9 Ways to Pay Off Debt." 2008. The Motley Fool. 7 November 2010
<http://www.fool.com/personal-finance/credit/9-ways-to-pay-off-debt.aspx>.
Ehrenfeld, Temma & Quinn, Jane Bryant. "Don't Lose It: Seven Tips." 27 August 2001. web.ebscohost. 7
November 2010 <http://0-web.ebscohost.com.lrc-
srv.mhcc.edu/ehost/detail?vid=17&hid=113&sid=a0a5777f-6bc2-4433-bc9e-
130d930f97f8%40sessionmgr104&bdata=JkF1dGhUeXBlPWNvb2tpZSxpcCxjcGlkLHVybCx1aWQmY3Vz
dGlkPXMzNzA3NDQ4JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=mth&AN=5032106#db=mth&AN>.
IV, JOHN D. (JAY) ROCKEFELLER and CHAIRMAN. "Debt Settlement Industry." 22 April 2010. web.ebscohost. 7
November 2010 <http://0-web.ebscohost.com.lrc-
srv.mhcc.edu/ehost/detail?vid=13&hid=113&sid=a0a5777f-6bc2-4433-bc9e-
130d930f97f8%40sessionmgr104&bdata=JkF1dGhUeXBlPWNvb2tpZSxpcCxjcGlkLHVybCx1aWQmY3Vz
dGlkPXMzNzA3NDQ4JnNpdGU9ZWhvc3QtbGl2ZQ%3d%3d#db=mth&AN=32Y0629329538>.

6. LEAMY, ELISABETH. "Better-Smarter-Faster Ways to Pay Off Credit Card Debt." 22 February 2010. ABC
News/Money. 7 November 2010 <http://abcnews.go.com/Business/pay-off-credit-card-debt-smarter-
faster-ways/story?id=9891785>.
Mantel, Barbara. "Consumer Debt." 2 March 2007. CQ Researcher. 7 November 2010 <http://0-
library.cqpress.com.lrc-
srv.mhcc.edu/cqresearcher/document.php?id=cqresrre2007030200&type=hitlist&num=2>.
Orman:, Suze. "Tips to pay off credit cards ." 9 January 2009. Today/MSNBC/Money. 7 November 2010
<http://today.msnbc.msn.com/id/28544648#slice-2>.
Sherman, Lauren. "Worst Cities For Credit Card Debt." 20 May 2009. Forbes.com. 7 November 2010
<http://www.forbes.com/2009/05/20/american-consumers-overspending-lifestyle-real-estate-credit-card-
debt.html>.