Wally currently has a balance of $14,500 on his credit cards and he is having a hard time making the minimum payments on them- He has missed several payments and is now paying the default APR of 29.99%- He and his wife own a nice home with $40,000 in equity- They have $7,500 in a certificate of deposit with a 4% APR- He has come to you in tears asking for advice. What would you tell him to do?

Wise ways to use a Credit card are:
Pay off your balance every month. 
Use the card for needs, not wants.
Never skip a payment. 
Use the credit card as a budgeting tool. 
Use a rewards card.
Stay under 30% of your total credit limit.