Outsmart Your Debt in 2024
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Paying off debt can be simpler than you might think if you have the right plan in place.
Debt is a common challenge that many people face. Whether it’s from high-interest credit cards, hospital bills, student loans, or car payments, the burden can feel overwhelming. In fact, a recent study reveals that over 80% of Americans are in debt.
But how can you break free from it?
Eliminating your debt can be easier than you might think if you have the right plan. It will require effort and commitment, but we’re here to guide you. Below are five creative strategies you might not have considered to help you tackle your debt.
Imagine the relief of no longer having it hanging over you!
1. Ask this company to pay off your credit card debt
Looking for some cash to pay off credit card debt? A personal loan could help.
Our partner 5KFunds will match you with loan providers to fit your specific needs. Just fill out one quick application and they’ll show you multiple loan offers. There’s no application fee and no minimum credit score needed to apply.
Why not check if you qualify? As long as you’re approved, you could receive your loan as early as the next business day.
2. Get Debt Relief for Credit Cards, Medical Bills, other unsecured debt & Tax debt
For unsecured debts such as credit cards, personal loans, certain private student loans, or other similar, a debt relief program may give you the solution you need. Debts could have accumulated for numerous reasons such as an unfortunate hardship, overspending, divorce, or other issues.
Having debt issues is stressful. That is why CuraDebt is here to help offer you a debt relief program today!
The solution to get out of debt is often faster, easier and saves a lot more money than what you may be doing now.
3. Start using a Budgeting app to save cash wherever possible
Ever feel like your monthly income disappears in the blink of an eye, leaving you clueless about where it went?
Tracking finances can be a real challenge, especially when dealing with cash transactions or missing receipts. Sorting through past bank statements may seem tedious, and creating a spreadsheet can be equally daunting. Instead, consider using the all-in-one Budgeting App YNAB to simplify and streamline your financial tracking.
YNAB can help you organize your monthly spending and help you create healthy financial habits to make you feel less stressed about where your money is going each month.
4. Find the Lowest Debt Consolidation Loan that is Right for You
A debt consolidation loan is one of the more popular debt-management options. They generally offer favorable terms and are more flexible with their payment options.
The three main benefits of debt consolidation are:
- Reduced interest payments
- Quicker payment of principal
- Simplification of debt load and management
You can compare online lenders here to find the lowest interest rates and best terms. It is essential to know your current interest rates and APRs are on each of your credit cards and personal loans.
There is no point consolidating if you are not reducing your interest rate.
5. Use this Loan Calculator to Find the Lowest Debt Consolidation Loan for You
A key to remaining on a budget is to ensure you are not overpaying on loans. There is no point consolidating if you are not reducing your interest rate.
Use our loan payment calculator to help find out how much a loan will cost each month and if you can afford it.
