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I paid off $15,000 in credit card debt. A credit counseling expert explains how to never go back
['Laura Grande', 'August', 'Min Read']
Yahoo Finance
Getting rid of a credit card balance can change your finances overnight.
Americans collectively owe more than $1 trillion in credit card debt, according to the Federal Reserve Bank of New York.
Unlike a loan with a fixed payoff date, credit card debt is revolving.
Paying off $15,000 in credit card debt took discipline, but staying debt-free will require a different approach.
This article originally appeared on Moneywise.com under the title: I paid off $15,000 in credit card debt.