I am going to assume that I am the only person that took that awful path of getting credit cards in my twenties and running them to the max. In my thirties I actually learned the importance of credit and my profit and loss statement and why running up those credit cards wasn’t the best idea. No to long ago my husband I sat down and drew out a plan for getting our credit cards paid off so we can see those perfect credit scores return. We started putting a couple hundred on this card, hundred on that one, and fifty on another, but it wasn’t moving as fast as I wanted it to. I needed this to happen quickly. I just wasn’t sure how I was going to do it. I begin reading and try to figure out just how to make this happen NOW. I came upon an article explaining how to use your investment money to really help you move forward. One suggestion was to use sale your stock to pay your debt down. Stock prices are dropping so the best thing is to cash out now, apply it to your debt and get back in the stock game when the prices are super low. I cashed out my stock and messed around and paid off my credit card. Couple weeks later I got that credit score I was looking for.
I encourage you to consider stock as a way to quick flip your money. You don’t have to apply your profit to your credit card debt, but that is one way to get from under it. The way I did it was with the app called STASH. I’ll have a link below. My personal method was to always invest in companies I shop at frequently. I also got into a lot of blue chip stocks. If you aren’t really up on stocks like that STASH is a perfect place to start. Get educated as you invest. Give yourself a few months and try to apply those earning to pay those credit cards off or fund other projects.