Financial stability can be elusive, and yet it is achievable for most people if they follow the advice of professionals. For Florida residents, credit card debt can be a source of stress and impair a family's or individual's ability to deal with other debts. While each situation may be different, there are smart ways for almost everyone to reduce and deal with credit card debt.
One tip most people should apply is to pay the most toward the card with the highest interest rate. Interest rates can vary greatly and affect the overall amount a person pays. The national average is reported to be 15.2 percent. While this way is a money-saver over time, experts warn that it could still take a long time to pay off all credit cards by employing this approach.