Debt Dumpers 2026

[ruadisneyfan2]

I think that's the way to go as well-and I would use a card that at minimum charges no fee, at best it also pays me back. the basic no fee american express card (blue cash everyday card) has a benefit wherein if you set up your Disney+, Hulu or some kind of ESPN streaming to pay from your card you can get up to a $7 statement credit each month.

I think you need a pretty high credit score to qualify for an Amex card.

 

[Tygerlilly]

Pay every little bit you can to your debt. Seriously, I made payments of $5 at times. It sounds like peanuts but over the course of a year, $5 per week is $260 per year.

I literally just made an $8 payment and a $21 payment on two different cards today just to knock them down a little more. It absolutely adds up!

 

[barkley]

I think you need a pretty high credit score to qualify for an Amex card.

yeah, not sure what they require but since it's the same card that was the standard issue to costco members when costco had their contract with amex I'm guessing it might not require the higher scores some of their cards do.

 

[ruadisneyfan2]

yeah, not sure what they require but since it's the same card that was the standard issue to costco members when costco had their contract with amex I'm guessing it might not require the higher scores some of their cards do.

According to Google, 670. If I were in his shoes I would just focus on paying down all debt (his car loan interest rate is horribly high) and hold out until his score gets higher and get a card with travel perks. At least then he could be accruing points or miles or whatever to maybe reward themselves with a pre-paid vacation when they're done.