Debt Strategy

Published by: Anishu
Downloads
Revenue

Description

Debt Strategy helps you identify the best payoff strategy in order to pay down your debts fast. It also helps you track and pay off your debts, and execute on the strategy you choose. After entering your debts in the application, you can analyze how the choice of payment strategy or different extra amounts helps you pay off your debts sooner, and save on the total interest paid. Debt Strategy supports multiple strategies such as:
- Minimum Payments Only
- Lowest Balances First, with rollover of payments from paid off loans
- Highest Interest Rate First, with rollover of payments from paid off loans
Debt Strategy helps you to take control of your debts. Pick one debt, either one with the lowest balance or one with the highest interest rate, and focus on paying it off first by paying a little more than the minimum. This will shave months off your debt. With your other debts, continue paying just the minimum. After you finish paying off the first debt, move on to the 2nd debt per your strategy. Roll over the amount you paid each month from your first debt to pay off this one. You will pay off the second debt even more quickly. Continue this strategy until all your debts are paid.
Features:
- Ability to enter debts and track debts.
- Ability to identify the best pay-off strategy, and perform what-if analysis with different additional amounts and pay-off strategies
- Graphical view of how the debts will be paid off
- Pie/Bar charts for debt break down by category, or remaining balance
- Monthly payment schedule for each debt
- Ability to enter payments during the life of the loan, and accurately track remaining balances
- Payment reminders so you can make your payments on time
- Ability to override the home currency
- Option to email a report
- Password protection
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Screenshots

User Rating

2.5 out of 5

2 ratings in Canada

5 star
0
4 star
1
3 star
0
2 star
0
1 star
1
Ratings History

Debt Strategy Installs

Last 30 days

Debt Strategy Revenue

Last 30 days

Debt Strategy Reviews

Save the $1.39 and use it to pay something off

204 ruger on

Canada

Freezes all the time and when you close the app and go back to it everything is gone!! Not even going to try and fix it. It's already deleted.

Very Good

TKR07 on

Canada

Very good application. Excellent graphics, data and charts and very good use of screen space for iPhone 6 plus. Downside is it has only monthly payment option and missing bi-weekly option. I have requested feature and developer was prompt in acknowledging it. Hope this will be added soon. I also would like to add my savings goals as debt so that I can know when those goals can be achieved apart from coming out of debt. Some work in that area will be really helpful.

Fix me please

DeeceJustDeece on

Canada

Funny how after enabling the pass code feature it almost works. Exit app and restart. It asks you for a passcode. Press the round button to exit. Start the app again. It bypasses the passcode screen and you're in. Not very secure, is it?

Lifesaver

8zenuf on

Canada

Just what I needed to give me direction on paying off my debt. Now I know how long it will take and when I'll be free of that load! Marvellous.

Store Rankings

Ranking History
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Category Rankings
Chart
Category
Rank
Top Paid
55
Top Paid
60
Top Paid
60
Top Paid
63
Top Paid
66

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App Info

Category
Finance
Publisher
Anishu
Languages
English
Recent version
1.5.2 (9 years ago )
Released on
Apr 19, 2011 (13 years ago )
Last updated
1 week ago