Advice to reduce ENBD Credit Card debt
I have a Noon ENBD Credit Card with a balance given to me of AED 25000. I have maxed out almost up to AED 24000 till date. My expenses from the card (Groceries, DEWA & Internet) are around AED 4000. I pay AED 4500 as CC bill every month but end up using this again for the monthly expenses as I wont have any money left after paying rentals of AED 3700 & EMI for ENBD loan of AED 1008.
On the 25th every month (when CC bill is generated), I am also charged AED 900 - 950 which gets deducted from the CC balance as interest for the outstanding amount.
I know I need to pay the same amount every month and stop using the CC so that the balance gradually reduces in 5 - 6 months but unable to because of rent and loan EMI.
I am working for a firm now (last 6 months) which has not given me a Work Permit as yet (have own visa). Hence unable to show bank the salary credits to upgrade my current ENBD loan (15K more pending). I am pushing them to process my labour card at the earliest as this would help me to atleast request for a top up and pay off the CC and only pay the EMI of the loan (which will have much lesser interest).
Can you please advice me how I can regulate this and ensure that I bring down the total outstanding in 5 - 6 months? Is there a way that I am not seeing at this time?