If You Have More Than $10K in Debt, Make These 5 Moves (2024)

You’re ready to be out of debt. Sounds like the understatement of the century, right? You can’t wait to be debt-free. But you feel like you’ve tried everything. And everywhere you turn, your debt is still there — impacting just about every area of your life.

But we’ve got a bunch of strategies you probably didn’t realize you could use to help you pay it off.

1. Freeze Your Credit Cards

You’ve heard the whole “freeze your credit” advice. We agree: It’s a smart practice. But in order to save money, freeze your credit cards.

Literally — in the freezer they’ll go.

Sure, it sounds extreme, but if you tend to make impulsive credit card purchases, stick your card in a Ziploc bag, submerge it in a canister of water and slide it into the freezer. When you’re tempted to spend, you’ll have to wait for the card to thaw, requiring you to think through your spending decision.

2.Ask This Website To Help Pay Your Credit Card Bill This Month

No, like… the whole bill. All of it.

While you’re stressing out over your debt, your credit card company is getting rich off those insane interest rates. But a website called Fiona could help you pay off that bill as soon as tomorrow.

Here’s how it works: Fiona can match you with a low-interest loan you can use to pay off every credit card balance you have. The benefit? You’re left with just one bill to pay every month, and because the interest rate is so much lower, you can get out of debt so much faster. Plus, no credit card payment this month.

If your credit score is at least 620, Fiona can help you borrow up to $100,000 (no collateral needed) with fixed rates starting at 4.99%.

Fiona won’t make you stand in line or call a bank. And if you’re worried you won’t qualify, it’s free to check online. It takes just two minutes, and it could save you thousands of dollars. Totally worth it.

All that credit card debt — and the anxiety that comes with it — could be gone by tomorrow.

3. Pay Off Your Debt by Playing Bingo

Wouldn’t it be nice to make an extra credit card payment this week?

Get this — there’s afreeapp calledBingo Cashthat pays you up to $80 when you win bingo.

The game is based on a classic Bingo format — plus tons of variations on the game. You’ll battle it out against other players at your same skill level. Everyone gets the same board and sees the same Bingo balls, so winning is totally a matter of skill. The top three players in a game can win real money — anywhere from $1 to $80.

Over on the App Store, it has a 4.7-star rating (out of 5).To get started, justdownload the free appand start playing your first game immediately.

4. Cancel Your Car Insurance

Here’s the thing: your current car insurance company is probably overcharging you. But don’t waste your time hopping around to different insurance companies looking for a better deal.

Use a website called EverQuote to see all your options at once.

EverQuote is the largest online marketplace for insurance in the US, so you’ll get the top options from more than 175 different carriers handed right to you.

Take a couple of minutes to answer some questions about yourself and your driving record. With this information, EverQuote will be able to give you the top recommendations for car insurance. In just a few minutes, you could save up to $610 a year.

5. Add $225 to Your Wallet While Watching the News

It’s been a historic year in the news, and we’re all constantly refreshing for the latest updates. You probably know more than one news junkie who fancies themselves a constitutional scholar or a foreign policy expert.

That might not be the best news for your dinner conversations, but it’s great news for your wallet. By signing up for a free account with InboxDollars, you could add up to $225 a month to your pocket. They’ll present you with short surveys to choose from every day, which you can fill out while you watch tonight’s broadcast.

You just have to answer honestly, and InboxDollars will continue to pay you every month. This might sound too good to be true, but it’s already paid its users more than $56 million.

It takes about one minute to sign up and start getting paid while you watch the news.