How to Reduce Debt in 3 Steps
Here are 3 easy ways to pay off debt:
1. Negotiate your debt down
Did you know you can negotiate with your creditors to reduce your interest rate or even reduce the amount of money you owe them?
If you have more than $10K in credit card/personal loan debt, there are companies out there that will negotiate with creditors on your behalf, such as National Debt Relief.
National Debt Relief has solid relationships with creditors and collection agencies, so you’re probably better off letting them negotiate so you don’t have to.
We’ve researched, reviewed, and ranked the best debt relief companies.
2. Make extra money from home
You might not get rich, but companies like Inbox Dollars will pay you to play games, take surveys, and search the web, all from the comfort of your couch.
They also pay you $5 just for signing up.
Another company that’s worth checking out is Survey Junkie. They have a great reputation and also pay cash for taking surveys.
3. Save Your Spare Change Automatically
Acorns is an app that automatically rounds up your credit/debit card purchases to the nearest dollar and invests the spare change.
They will also give you $5 just for signing up.