When it comes to credit cards, what makes the payments so high and unaffordable are the interest rates that are added to each payment. In order to have a lower monthly payment on your credit cards, it is best to see what you can do about the interest rates. Your principal balance is what the interest is charged on every month. If this amount is lower, the interest payment will be lower as well.

The first thing many consumers do not know about interest rates, is that the credit card company chooses the interest rate they will assign your account based on your credit history using historical finance information. If your credit history were to improve drastically between the time you opened the account and now, you can request that your interest rates be dropped. Simply calling the number on the back of your credit card and speaking to a representative can complete this task. However, many companies do not allow their representatives to do this, so it may be required to speak to a manager at the company when you call.
Ask the manager if they will recheck your credit history and issue a new interest rate, as well as revise your credit limit. Normally your credit limits are raised when better credit history is present. So you would not only get a higher limit by asking, but get your interest rates lowered as well.

If you are unable to get your interest rates dropped, it may be required for you to send in larger payments each month. This would lower your payments on the principal amount, so that there is less of an amount for interest to be charged on. If you are able to pay off a credit card completely each month, your interest rates will drop to almost nonexistent rates. This will help to make the payments smaller, because there is not a balance to charge an interest rate on.

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