[Hugh R]

I carried almost 10K in cc debt for too long. When I sold an old car for stupid money last year, I paid off the cc debt within five minutes of the check clearing. I will never carry a cc debt again if its the last thing I ever (don't) do. I put most charges on a United Visa card for the points, but am thinking that one over. I've had the card 20 years, and now there are some others that are more flexible in terms of where you can use the points. I've even though of charging not just gas, but groceries as well. I put $12K on it for flooring for the house, and paid it off when it came due. The flooring contractor, a local guy said he couldn't take the hit for the entire $25K on a cc.

Pay it off ASAP. I got in the habit, like many others, of buying for immediate gratification, and never quite paying it off. The structure of the cc financing is definitely stacked against you. If you carry a balance, you get charged from day one on interest for all new purchases until the next bill comes in.