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What is the best way of eliminating credit card debt? by monthly payments or or by one big time payment at the end of the year?

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Question ajoutée par Siham Amer , Financial Analyst , Noor Al Hikmah Group
Date de publication: 2018/11/05
Thoyazen Alsayaghi
par Thoyazen Alsayaghi , Partnership and Liaison Officer , Oxfam GB

The Best way of eliminating credit cards debt is for sure by monthly payents.

Its more measurable, you can monitor it easier and if you are a bank employee you can analyze your customers in a very effective way.

However, there are some customers you can't apply the monthly payments on them (VIPs, ...) , but you can monitor their cards in better way monthly.

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