It’s never fun to get the credit card bill especially if it shows a huge balance, more than you can pay. A feeling of dread.

If you’ve had enough of feeling this way, it’s time to take action and deal with it. There’s no easy solution but small steps can make a big difference. Here are some ideas:

• Stop using the card. Put it away, cut it up – remove temptation
• Inquire about a reduced interest rate
• Make at least the minimum payment by the due date*
• What extra payments can you make? $20, $50, $100 per week adds up.

Keep it simple, make it easy on yourself.

* Pay the minimum payment required within the dates set out on the bill and your credit rating will be in good shape.