A review of credit card applications
Always pay more than the required monthly minimum on your balances. Continually paying only the minimum payments means that most of what you pay is going toward interest paid to the bank. You will actually start chipping away at the balance, when you make more than the minimum payments. If you have debt on many credit cards, focus on paying off the one with the lowest balance first. The emotional benefit of seeing some debt paid off will offer a reward and let you see the light at the end of the tunnel.