Credit cards are a popular means to borrow money, which one can pay back in the future. But, there are times when the borrower becomes overwhelmed with its debt and finds it difficult to repay the loan amount. To help you, here are six tips to clear credit card debt to clear off debts.

1. Have a realistic target – The first step to clearing off debt requires creating a goal to repay high-interest credit card debts. Start paying these debts each month while saving in minimum monthly repayment towards other credit cards. This will assist in prioritizing debts.
2. Freeze your credit cards – This is one of the top and most difficult to follow tips to clear credit card debt. You should instead start using cash to pay for your day-to-day expenses. This helps you be conscious about your expenses and prevents you from buying unnecessary stuffs.
3. Go for the snowball method – Using the snowball method of debt repayment is one of the oldest and tested tips to clear credit card debt. This method prioritizes debt as per the amount and concentrates on repaying the least debt first. Once that payment is made, you can repay the next lowest loan amount and repeat the process till all debt is paid off.
4. Increase your minimum payments  – Analyze credit card statements and pay more than the minimum amount each month. This will lead to a greater reduction of debt and a lesser interest rate.
5. Opt for automatic payment facility – Automate payment for credit cards that charge a higher interest rate and late payment to avoid extra expense on missing deadlines. This amount can help redirect money to other debts.
6. Create a monthly budget – Repaying a debt requires savings more. Setting a monthly budget will help in limiting expenses such as eating at a restaurant or going on a vacation.

Following these simple tips to clear credit can help you repay your loans swiftly. However, if you still have trouble managing your debts, talking to a credit counselor can help.