You’ve paid your credit card every month, on time.
Not even ONE late payment.
(Good job, Pookie.)
So why is the balance the same as it was last October?
Because you’re paying the minimum, and the minimum isn’t a payment plan. Not really.
It's like treading water.
Sure, you'll stay above water for a while... But eventually you'll drown.
The credit card company wants you to stay right where you are, paying forever. They don't actually want you to figure your shit out.
And with the interest refills the hole as fast as you dig, you aren't going anywhere fast...
Which is why The Hammer (patent pending) is happy to be powered by Money Lion.
If you find yourself in a situation where big banks are wining, and you don't feel like you'll ever get out of the hole, Money Lion could help out.
Click HERE to see your debt relief options.
It's free to check and only takes a few minutes.
But if you wanna take control, you have to do two things, and you have to do both.
#1 Stop adding to it.
I don’t care how good the rewards are. You aren't using them right anyway. Cut your cards up, freeze them, or hand them to your craziest Capricorn friend.
You cannot outpay a card you’re still swiping.
#2 Get the rate down.
There's two ways to do this.
You can start paying MORE than the minimum. Like, a lot more.
By paying off more than the bank's suggested contribution, you'll avoid piling up more interest than necessary.
And if you genuinely don't have that kind of scratch, Money lion could help.
MoneyLion's marketplace lets you see personal loan offers from partner lenders, so you can compare them all in one place.
Fair warning, and I mean it. Consolidating does nothing if you run the cards back up.
I’ve watched people on my show do it MANY times. Same debt, new paperwork, and an even worse score.
But if you’re done pretending the minimum is progress, go look at what’s out there.
