Paying off your credit card dues can become overwhelming, especially if you have financial goals. Constantly having to juggle between saving and paying can make you feel stuck and frustrated. If you miss your credit card payments, you are pulled into more debt, and there is more money to pay. So what should you do? Read ahead as we show you how to get out of credit card debt.

1. Limit your credit card usage
The more you use your credit card, the heavier the burden of repayment. It may be tempting to just swipe the card once and have everything you want at your disposal. But by doing so, you will only be throwing yourself into more debt.

2. Segregate your debts
If you have multiple credits on your account, then you should segregate all your dues based on amount and priority. The smaller loans can be paid up first, followed by a bigger sum, and so on.

3. Pay up in advance
It is common knowledge that you have to pay more interest on a higher principal amount. Whenever you can, pay more than your monthly interest amount so that the total payable amount is reduced. This can help lower your monthly payments and get you out of debt much faster.

4. Take a personal loan
Applying for a personal loan should definitely not be your first option, unless you’re neck-deep in debt. Then why do we recommend this? A personal loan comes with an average interest rate of 10 percent as compared to the average 20 percent interest rate on credit cards. Paying so much as interest can become a burden. Plus a personal loan lets you consolidate your credit card debt, so that paying off your dues becomes simpler, quicker, and hassle-free.

5. Transfer your credit
You can transfer your credit balance to companies that charge lower interest rates. This way, the total sum you owe reduces, thereby also lowering your monthly payment. Transferring balance has another benefit. When you move to a new card, you get a 90-day free period in which you can enjoy a no-credit timeline, enabling you to save and manage your money better.

6. Liquidate your investments
If you are in a debt that you simply cannot get out of, then liquidating your investments may be the last resort.