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By LaToya Irby, About.com Guide to Credit / Debt

Profit Your Gold and Pay Your Debt

Friday April 25, 2008

Gold prices have reached some of the highest ever, making now a good time to profit from your jewelry. If you're looking for some extra cash to pay off your credit card and other debt, selling your gold jewelry might be a good way to go. SmartMoney.com lists some ways to make the most from your gold.

Getting an appraisal, selling higher karat gold, and using reputable buyers are just a few of the ways to maximize your profit. See How to Make a Tidy Profit Off Your Gold Jewelry for more ways to make money from your gold jewelry.

Once you have the cash from your gold, you'll have to decide how to best use it for your debt. Making a Get Out of Debt Plan and 5 Principles of Making Credit Card Payments will help you figure out how to best spend the money to pay off your debt.

Comments

April 25, 2008 at 2:48 pm
(1) marion Williams says:

I have shopped at Dress Barn for ovre 30 yrs. In Feb.02, I issued a stop pymt for $50. becuase the trans stated phone pymt. I assume this charge was in error, so i issued a stop payment on MY checking. Pymts I tried to pay on my acct. did not debit my acct. my checking acct. have been active since 1978.because of this error by the company who process your pymts my acct was closed. This is a poor way to handle business. sending a letter from Well Fargo Bank the will show my account was not closed for insufficient funds. This company is not aware of banking procedures. Please answere ASAP. A copy of my letter will also go this PREDATOR
BANKING CO. THANKS,

Marion Williams

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