How to Get Rid of Credit Card Debt. Today, many people carry around massive amounts of credit card debt without thinking twice. The credit card companies wouldn’t offer you those credit cards if they thought you couldn’t afford it would they? They absolutely would! Credit card companies make their money by charging an interest rate on any amount that is not paid off every month. If you have a bad credit score (see my article on how to raise your credit score), these companies will charge sometimes obscene interest rates. So much so that even if you didn’t charge anything else to your card and made the minimum monthly payments, it could take you up to 5 years to pay off your typical credit card and cost you thousands in extra interest payments! No one wants that, so how do you get your credit card debt down so you can get your finances under control?