How to clear debt??

I have more than 200k in debts. The highest is house loan about RM100+. The second is credit cards about 120k and car loan about 70k... My most important is clear the credit card as soon as possible since it has highest interest rate ranging from 8.88(maybank 2 cards) and 17% perannum. The faster we cleared the faster we can reduce the interest so we can save more from the interest.

Planning to cut credit card debt:

1.  Cut spending using credit card...especially the card that charged the highest interest rate. Use the lesser one.


2.  Use the card the give discount when buying like give discount when pumping petrol...or shopping. I use more UOB one card give 5% discount for any petrol and anytime. so we can save 5%.

3. For shopping i use Maybank 2 cards cheapest int rate.

4.  Balance transfer from the highest to lowest credit card company.

5.  To stop using the credit if no more using it..Saving interest and annual fee from government. Planning to cut Citibank and Ambank credit card.

tbc....