Credit Card Payment Plan

I figured out this little trick.  Now that banks offer automatic payments to credit cards, there's a pretty persistent way to make a dent.

Say your bill is $4,000 and your minimum payment is $150.  Instead of paying $150 on the due date (a pretty sizable chunk to be missing during one pay period), do $75 every other week. Schedule it in a way that the 2nd payment is a day or two before the due date, so that they can't hit you with a late fee, as scumbag banks like to do.

My credit card bill just hit below $2,000.  I've actually been paying $100 every two weeks, so I started it approximately 9 months ago.  It's pretty nice.  The problem is I have two other credit cards with outstanding balances!!  I'm getting them down there using the same strategy.  Give it a try, especially if you can auto-deduct it, then you don't even have to worry about remembering to do it!