Strategies to pay off that credit card debt once and for all

While most of the economic news out there isn't too encouraging, here's something positive to think about: The amount of debt Americans owe on their credit cards is dropping.

In fact, it's at its lowest level in eight years, according to TransUnion, one of the nation's largest credit bureaus. The average amount that people owe on their credit cards is currently $4,951, down from the $5,719 it was a year before. In addition, more borrowers made payments on time in the last quarter compared to the year before.

If you're one of those Americans who has a mountain of credit card debt that you'd like to make into a molehill, this is as good a time as any to rethink or re-tune your debt reduction strategy. Take a look at the following list of tips offered by a few credit experts. We bet you'll find a few tips that will help you pay down your debt faster, even if your funds are limited.