To get out of credit card debt, individuals may consider filing for bankruptcy. However, this proves to be extremely damaging to your credit score. Instead, it is better to consider credit card debt help to reduce credit card debt.

Most financial experts advise those in credit card debt to pay more than the monthly minimum. However, most consumers in debt will not be in the position to do this. Therefore, the best method of reducing credit card debt is through lowering interest rates on the credit card, so most of your payment is applied to the principal. With a good credit score, you can negotiate a lower interest rate on your current credit cards. Applying for a low-interest balance transfer also helps in eliminating your debt. There are some credit cards with introductory low interest rates where you don