How to beat credit card debt

No one likes to sit and talk about credit card debts; they'd rather be out shopping. But that's how easy it is for innocent spenders to fall into harsh debts.

The first thing you should think about before getting a credit card is "Do I need one?" Many worry-free spenders are happy to use their savings and cash.

If you think that your needs definitely warrant one, consider how much you can afford to pay back each month. Many cards give interest free days, but after that, rates and late fees could skyrocket your debt.

If debts are getting out of hand, consider getting a lower rate card or even a personal loan to pay it off entirely. Then put scissors to plastic and ask your bank about their Visa or MasterCard debit card.

Use the table to the right to learn and apply for some of Australia's lowest interest rate credit cards, all with balance transfer facilities to help you slow your debt.

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