Payoff Visualization. Stay confident and on track with a step-by-step plan, charts that show your payoff, and clear visibility of your debt-free date

The Debt Payoff Planner and Tracker application is a tool for helping you to become debt-free. It makes creating a debt payoff plan simple in order to encourage you to get started and stay on track.

The Debt Snowball Calculator follows the debt snowball payoff method, which simplifies the process of paying down your debts by focusing on paying off the smallest balances first while maintaining minimum payments on all other debts.

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Oct 16, 2024 · Quarterly – Channel your inner nerd and update your net worth and review your debt tracker to see real growth from your debt payoff plan. Annually – Celebrate your past year’s victories and plan for next year.

If you have new expenses in an account, such as a credit card, which increases the amount of debt for that account, you can inform the app of this change by using the payment tracker. Typically, you would enter a positive number in the payment track to record a payment that reduces the principal owed (i.e. the debt balance for the account).

When you have a debt repayment plan where the specified minimum payments are insufficient to cover the accruing interest, the app automatically recalculates the minimum amount necessary to break even on paying off your debt. You can inspect the Payoff timeline chart in each individual account to see which ones have an increasing balance.

Nov 16, 2024 · The debt avalanche or ‘debt stacking’ method pays off your debts with the highest interest rates first. Unlike the debt snowball, which focuses on balances, the avalanche method focuses on interest rates.

We are a team of recovering debtors that want to help everybody else achieve the bliss of being debt-free. Our focus is on: Making peace with the headgame of being in debt; Having the best, most recent information to make correct, confident decisions; Get actionable takeaways that you can implement immediately

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