Pay off credit card debt without consolidating
Just remember that the sacrifices you are making now will be quite worth it when you are out of debt. Once you have paid the card off fully (congratulations, by the way), you need to decide whether or not you want to keep the line of credit open.
If you close the line of credit, then you need to know that your credit score may take a dip.
Then be sure to call back and ask the same thing once the old interest rate is reinstated.
Since the interest rate on department store credit cards is typically high, you should try and negotiate a lower one.Request (be assertive, but nice; remember, they are doing you a favor) that they lower your interest rate (check out this article on more specific information).If after several attempts they refuse to do so, ask if they will lower it on a temporary basis.The slider bar is a lot of fun, so be sure to play around with it until you reach the level of monthly payment and date of payoff that makes you comfortable.Credit card companies do not want you to pay your debt off early, as it takes away the amount of interest they are going to make.