One Way to Zap Credit Card Debt? Open Another Credit Card

kAmx7 4C65:E 42C5D 2C6 H92E 8@E J@F :?E@ 563E :? E96 7:CDE A=246[ H9J @? 62CE9 H@F=5 J@F 8@ 2?5 2AA=J 7@C 2?@E96C @?6 2D J@F’C6 ECJ:?8 E@ E24<=6 E92E 563En *@F 4@F=5 C:D< >2<:?8 E9:?8D 6G6? H@CD6]k^Am

kAm%92E 46CE2:?=J 4@F=5 92AA6?] qFE :7 J@F 92G6 2 A=2? — 2?5 :7 J@F DEC2E68:42==J 2AA=J 7@C E96 C:89E <:?5 @7 ?6H 4C65:E 42C5 — :E 42? 24EF2==J 36 @?6 @7 E96 36DE 86E\@FE\@7\563E E@@=D 2G2:=23=6 E@ J@F] x? E9:D 42D6[ H92E J@F H2?E :D 2 k2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^4C65:E\42C5D^32=2?46\EC2?D76C\bnFE>042>A2:8?l4E0AC@5U2>AjFE>04@?E6?Elhed_ehU2>AjFE>0>65:F>lCDDU2>AjFE>0D@FC46lDJ?5:42E:@?U2>AjFE>0E6C>l=66Q E2C86ElQ0D6=7Q C6=lQ?@7@==@H ?@@A6?6CQm32=2?46 EC2?D76C 4C65:E 42C5k^2m]k^Am

kAm%96J’C6 ?@E 2D F3:BF:E@FD C:89E ?@H 2D E96J H6C6 ;FDE 2 76H J62CD 28@[ 2?5 E@ BF2=:7J 7@C @?6 J@F’== =:<6=J ?665 8@@5 E@ 6I46==6?E 4C65:E Wuxr~ D4@C6D @7 eh_ 2?5 FAX] qFE E96J 42? 8:G6 J@F 2 D6C:@FD =68 FA 2D J@F H@C< E@ 4=:>3 @FE @7 563E] w6C6VD 9@H]k^Am

k9amw@H 32=2?46 EC2?D76C 4C65:E 42C5D H@C<k^9am

kAm(:E9 2 32=2?46 EC2?D76C 42C5[ J@F >@G6 563E 7C@> 2 4C65:E 42C5 E92E 492C86D 2 9:89 :?E6C6DE C2E6 @G6C E@ 2 42C5 H:E9 2 =@H @C _T :?E6C6DE AC@>@E:@?2= A6C:@5] *@F 42? E96? >2<6 A2J>6?ED @? E92E 563E[ 2E =@H @C ?@ :?E6C6DE[ 7@C 9@H6G6C =@?8 E96 AC@>@ A6C:@5 =2DED] $@>6 42C5D H2:G6 :?E6C6DE 7@C 23@FE 2 J62C[ H9:=6 @E96CD @776C 2 =@H @C _T :?EC@ 2??F2= A6C46?E286 C2E6 7@C ?62C=J EH@ J62CD]k^Am

kAm*@FV== EJA:42==J @H6 2 32=2?46 EC2?D76C 766 7@C E9:D[ C2?8:?8 7C@> bT E@ dT @7 E96 2>@F?E J@FVC6 EC2?D76CC:?8] qFE :E 42? 36 H@CE9 A2J:?8]k^Am

kAm{6E’D D2J J@F 92G6 2 Sd[___ 32=2?46 @? 2 42C5 E92EVD 492C8:?8 J@F 2? p!# @7 `fT] |@G:?8 E96 32=2?46 @?E@ 2 ?6H 42C5 H:E9 ?@ :?E6C6DE 7@C `g >@?E9D 2?5 2 bT 32=2?46 EC2?D76C 766 H@F=5 D2G6 J@F Sdd_[ 4@>A2C65 H:E9 =62G:?8 E96 563E @? E96 @=5 42C5]k^Am

kAmp7E6C E96 :?EC@ p!# A6C:@5 6?5D[ E96 42C5VD Q?@C>2=Q @?8@:?8 p!# H:== <:4< :?] x7 J@F 92G6 2 C6>2:?:?8 32=2?46 2E E92E E:>6[ J@F’== 368:? E@ @H6 :?E6C6DE 2E E92E 9:896C C2E6[ 3FE @?=J @? H92EVD =67E E@ A2J @77] x7 J@FC A=2? :D E@ H:A6 @FE E96 6?E:C6 563E 367@C6 E96 :?E6C6DE C2E6 8@6D 324< FA[ J@F 42? k2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^7:?2?46^4C65:E\42C5\A2J@77\42=4F=2E@CnFE>042>A2:8?l4E0AC@5U2>AjFE>04@?E6?Elhed_ehU2>AjFE>0>65:F>lCDDU2>AjFE>0D@FC46lDJ?5:42E:@?U2>AjFE>0E6C>l=66Q E2C86ElQ0D6=7Q C6=lQ?@7@==@H ?@@A6?6CQm42=4F=2E6 9@H >F49 J@F ?665 E@ A2Jk^2m 6249 >@?E9 D@ J@F 42? >66E E92E 8@2=]k^Am

kAmkDEC@?8m}6C5 E:Aik^DEC@?8m %CF6 _T :?EC@ p!# @776CD E92E J@F 7:?5 @? 32=2?46 EC2?D76C 42C5D 2C6 5:776C6?E 7C@> k2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^4C65:E\42C5D^5676CC65\:?E6C6DE\AC@>@D\9F86\:?E6C6DE\492C86DnFE>042>A2:8?l4E0AC@5U2>AjFE>04@?E6?Elhed_ehU2>AjFE>0>65:F>lCDDU2>AjFE>0D@FC46lDJ?5:42E:@?U2>AjFE>0E6C>l=66Q E2C86ElQ0D6=7Q C6=lQ?@7@==@H ?@@A6?6CQm5676CC65\:?E6C6DE @776CDk^2m J@F >2J D66 @? D@>6 DE@C6 4C65:E 42C5D] (:E9 E9@D6 <:?5D @7 @776CD[ :7 J@F 5@?’E A2J 5@H? J@FC 7F== 32=2?46 3J E96 E:>6 E96 AC@>@E:@? 6?5D[ J@F H:== 36 D255=65 H:E9 C6EC@24E:G6 :?E6C6DE A2J>6?ED @? E96 E@E2= @C:8:?2= 2>@F?E 3@CC@H65]k^Am

k9amr9@@D:?8 2 32=2?46 EC2?D76C 42C5k^9am

kAm(96? k2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^4C65:E\42C5D^49@@D6\32=2?46\EC2?D76C\4C65:E\42C5nFE>042>A2:8?l4E0AC@5U2>AjFE>04@?E6?Elhed_ehU2>AjFE>0>65:F>lCDDU2>AjFE>0D@FC46lDJ?5:42E:@?U2>AjFE>0E6C>l=66Q E2C86ElQ0D6=7Q C6=lQ?@7@==@H ?@@A6?6CQm49@@D:?8 2 32=2?46 EC2?D76C 4C65:E 42C5k^2m[ @?6 @7 E96 >2:? E9:?8D E@ 4@?D:56C :D E96 =6?8E9 @7 E:>6 J@F 92G6 E@ A2J 5@H? J@FC 32=2?46 2E =@H @C _T :?E6C6DE] qFE 2D J@F H6:89 J@FC @AE:@?D[ E96C6 2C6 2 76H @E96C BF6DE:@?D E@ 2D< J@FCD6=7ik^Am

kF=mk=:mkDEC@?8m(:== x BF2=:7J 7@C 2 32=2?46 EC2?D76C 42C5nk^DEC@?8m p82:?[ >@DE 32=2?46 EC2?D76C 42C5D C6BF:C6 8@@5 E@ 6I46==6?E 4C65:E E@ BF2=:7J] %9:D 42? 492?86 56A6?5:?8 @? >2C<6E 4@?5:E:@?D]k^=:mk=:mkDEC@?8m(92E :D E96 42C5VD 32=2?46 EC2?D76C 766nk^DEC@?8m x7 2 42C5 492C86D bT @7 E96 EC2?D76CC65 32=2?46[ E92E 255D Sb_ 7@C 6G6CJ S`[___ J@F EC2?D76C] W}@\766 32=2?46 EC2?D76C 42C5D 2C6 C2C6[ 3FE 2 92?57F= 6I:DE]Xk^=:mk=:mkDEC@?8mw@H =@?8 5@ x 92G6 E@ EC2?D76C 2 32=2?46 @?46 x 86E >J ?6H 42C5nk^DEC@?8m %@ BF2=:7J 7@C E96 :?EC@ p!#[ J@F >2J 92G6 E@ EC2?D76C J@FC 32=2?46 H:E9:? 2 46CE2:? A6C:@5 @7 E:>6[ =:<6 e_ E@ `a_ 52JD] #6G:6H E96 E6C>D 2?5 4@?5:E:@?D @7 E96 42C5 J@F 49@@D6 D@ J@F <?@H E96 5625=:?6]k^=:mk=:mkDEC@?8mr2? x 86E 2 32=2?46 EC2?D76C 42C5 :DDF65 3J E96 D2>6 32?< 2D >J 4FCC6?E 42C5nk^DEC@?8m !@DD:3=J[ 3FE 32?<D 86?6C2==J H@?’E =6E J@F >@G6 2 32=2?46 7C@> @?6 42C5 244@F?E E@ 2?@E96C 7C@> E92E D2>6 32?<]k^=:mk=:mkDEC@?8mw@H =2C86 @7 2 32=2?46 42? x EC2?D76Cnk^DEC@?8m ~7E6?[ 9@H >F49 J@F 42? EC2?D76C 7C@> J@FC @=5 42C5 :D 5:4E2E65 3J 9@H 9:89 @7 2 4C65:E =:>:E J@F 42? BF2=:7J 7@C @? E96 ?6H 42C5] xE’D A@DD:3=6 7@C E96 4C65:E =:>:E @? J@FC 32=2?46 EC2?D76C 42C5 E@ 36 =@H6C E92? J@FC E@E2= 4C65:E 42C5 563E — 3FE J@F EJA:42==J H@?VE <?@H H92E 4C65:E =:>:E J@FV== 86E F?E:= 27E6C J@F 2AA=J 2?5 2C6 2AAC@G65 7@C E96 42C5]k^=:mk^F=m

k9am$@>6 H@C5D @7 42FE:@?k^9am

kAmq2=2?46 EC2?D76C 42C5D 42? 36 96=A7F= E@@=D H96? J@F H2?E E@ D2G6 >@?6J H9:=6 5:E49:?8 J@FC 563E] qFE <66A E96D6 E9:?8D :? >:?5ik^Am

kF=mk=:mkDEC@?8m%96 42C5VD >:?:>F> A2J>6?E :D DE:== 5F6 6249 >@?E9] k^DEC@?8mx? >@DE 42D6D[ E@ C6E2:? E96 AC@>@E:@?2= p!# @? 2 32=2?46 EC2?D76C 42C5[ J@F DE:== 92G6 E@ >2<6 2E =62DE E96 >:?:>F> >@?E9=J A2J>6?E] x562==J[ :7 J@F 42? A2J >@C6 E92? E96 >:?:>F> 5F6[ :E DA665D FA J@FC @G6C2== 563E\A2J@77 E:>6E23=6]k^=:mk=:mkDEC@?8mq2=2?46 EC2?D76C 42C5D 5@?VE AC6G6?E Q?6HQ DA6?5:?8]k^DEC@?8m s2J\E@\52J 6IA6?D6D 5@?’E DE@A H9:=6 J@F’C6 288C6DD:G6=J A2J:?8 5@H? 2 32=2?46[ 2?5 32=2?46 EC2?D76C 4C65:E 42C5D 2==@H J@F E@ <66A DA6?5:?8 6G6? H9:=6 J@F’C6 :? 563E] %92E @7 4@FCD6 H@F=5 255 E@ J@FC E@E2= 32=2?46 5F6]k^=:mk=:mkDEC@?8mp 42C5VD :?EC@ p!# >2J ?@E 2AA=J E@ 2== EC2?D24E:@?D] k^DEC@?8m$@>6 32=2?46 EC2?D76C 42C5D 92G6 D6A2C2E6 W2?5 9:896CX p!#D 7@C AFC492D6D[ H9:49 >62?D 3J FD:?8 :E E@ A2J 7@C 6G6CJ52J :E6>D[ J@F 4@F=5 36 C6\5:88:?8 E96 G6CJ 9@=6 J@FVC6 ECJ:?8 E@ 86E @FE @7]k^=:mk^F=m

k5:G 4=2DDlQ?H\>@C6\7C@>\?6C5H2==6EQ 52E2\?H\4@>A@?6?E\EJA6\?2>6lQ|@C6 uC@> }6C5(2==6EQ 52E2\?H\4@>A@?6?E\EJA6\D=F8lQ?H0>@C607C@>0?6C5H2==6EQmkAmkDEC@?8m|@C6 uC@> }6C5(2==6Ek^DEC@?8mk^AmkF=mk=:mk2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^4C65:E\42C5D^D>2CE\H2JD\E@\?68@E:2E6\J@FC\D2=2CJ\:?\2?\F?46CE2:?\64@?@>JnFE>042>A2:8?l4E0AC@5U2>AjFE>0D@FC46lDJ?5:42E:@?U2>AjFE>0>65:F>lCDDU2>AjFE>0E6C>l=66U2>AjFE>04@?E6?Elhed_ehQ E:E=6lQ$>2CE (2JD E@ }68@E:2E6 *@FC $2=2CJ :? 2? &?46CE2:? t4@?@>JQ E2C86ElQ0D6=7Q 4=2DDlQ?H\=:?<Q C6=lQ?@7@==@H ?@@A6?6CQ 52E2\?H\4@>A@?6?E\EJA6\?2>6lQ{:?<Q 52E2\?H\4@>A@?6?E\EJA6\D=F8lQ?H0=:?<Q 52E2\?H\EC24<\4=:4<lQ`Q 52E2\?H\EC24<\:>AC6DD:@?lQ`Qm$>2CE (2JD E@ }68@E:2E6 *@FC $2=2CJ :? 2? &?46CE2:? t4@?@>Jk^2mk^=:mk=:mk2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^4C65:E\42C5D^E2<6\J@FC\4C65:E\42C5\C6H2C5D\E@\E96\?6IE\=6G6=nFE>042>A2:8?l4E0AC@5U2>AjFE>0D@FC46lDJ?5:42E:@?U2>AjFE>0>65:F>lCDDU2>AjFE>0E6C>l=66U2>AjFE>04@?E6?Elhed_ehQ E:E=6lQg (2JD E@ %2<6 *@FC rC65:E r2C5 #6H2C5D E@ E96 }6IE {6G6= :? a_a`Q E2C86ElQ0D6=7Q 4=2DDlQ?H\=:?<Q C6=lQ?@7@==@H ?@@A6?6CQ 52E2\?H\4@>A@?6?E\EJA6\?2>6lQ{:?<Q 52E2\?H\4@>A@?6?E\EJA6\D=F8lQ?H0=:?<Q 52E2\?H\EC24<\4=:4<lQ`Q 52E2\?H\EC24<\:>AC6DD:@?lQ`Qmg (2JD E@ %2<6 *@FC rC65:E r2C5 #6H2C5D E@ E96 }6IE {6G6= :? a_a`k^2mk^=:mk=:mk2 9C67lQ9EEADi^^HHH]?6C5H2==6E]4@>^2CE:4=6^4C65:E\42C5D^9@H\E@\7:?2==J\E24<=6\E@F89\>@?6J\E2D<DnFE>042>A2:8?l4E0AC@5U2>AjFE>0D@FC46lDJ?5:42E:@?U2>AjFE>0>65:F>lCDDU2>AjFE>0E6C>l=66U2>AjFE>04@?E6?Elhed_ehQ E:E=6lQw@H E@ u:?2==J %24<=6 %@F89 |@?6J %2D<DQ E2C86ElQ0D6=7Q 4=2DDlQ?H\=:?<Q C6=lQ?@7@==@H ?@@A6?6CQ 52E2\?H\4@>A@?6?E\EJA6\?2>6lQ{:?<Q 52E2\?H\4@>A@?6?E\EJA6\D=F8lQ?H0=:?<Q 52E2\?H\EC24<\4=:4<lQ`Q 52E2\?H\EC24<\:>AC6DD:@?lQ`Qmw@H E@ u:?2==J %24<=6 %@F89 |@?6J %2D<Dk^2mk^=:mk^F=mk^5:Gm

k5:G 4=2DDlQ?H\2FE9@C\3@I\HAQ 52E2\?H\4@>A@?6?E\EJA6\?2>6lQpFE9@C q@I \ (!Q 52E2\?H\4@>A@?6?E\EJA6\D=F8lQ?H02FE9@C03@I0HAQmk5:G 4=2DDlQ?H\2FE9@C\3@I\HA\\:??6CQmk2D:56 :E6>AC@AlQ2FE9@CQ :E6>EJA6lQ9EEADi^^D496>2]@C8^!6CD@?Q 4=2DDlQ?H\2FE9@C\3@IQ 52E2\?H\4@>A@?6?E\EJA6\?2>6lQpFE9@C q@IQ 52E2\?H\4@>A@?6?E\EJA6\D=F8lQ?H02FE9@C03@IQmkAm$2C2 #2E9?6C HC:E6D 7@C }6C5(2==6E] t>2:=i k2 9C67lQ>2:=E@iDC2E9?6Co?6C5H2==6E]4@>QmDC2E9?6Co?6C5H2==6E]4@>k^2m] %H:EE6Ci oD2C2<C2E9?6C]k^Amk^2D:56mk^5:Gmk^5:Gm

kA 4=2DDlQ?H\@C:8:?2==J\A@DE65\=:?<Qm%96 2CE:4=6 ~?6 (2J E@ +2A rC65:E r2C5 s63En ~A6? p?@E96C rC65:E r2C5 @C:8:?2==J 2AA62C65 @? }6C5(2==6E]k^Am