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Debt Freedom

Debt Freedom
  • #: 18815
  • Price: $1.99 In Apple Store
  • Category: Finance
  • Updated: 2011-02-22
  • Current Version: 1.35
  • 1.35
  • Size: 0.20 MB
  • Language: English
  • Seller: Jason Daniels
  • Requirements: Compatible with iPhone, iPod touch, and iPad. Requires iOS 4.2 or later.
  • © 2009 Jason Daniels
  •  Add to Favorite apps

 

Description

PRICE REDUCED

Debt Freedom helps you plan to get out of debt as quickly as possible, using the popular "Debt Snowball" method of debt reduction, as endorsed by numerous financial planners. Debt Freedom allows you to enter your debts and organize them in order to pay them off quickly. Currently, Debt Freedom will automatically sort your debts by balance (lowest to highest), or by interest rate (highest to lowest). As you pay off debts, and keep Debt Freedom updated with the balances, it will help you roll payments from debts that get paid off to the next debt on the list, "snowballing" the payments in order to get you out of debt quicker.

Features:

- Simple entry of basic debt information

- Takes interest into the payoff calculation

- Sorts by balance or interest rate

- Shows you how soon you will be out of debt and how much money you save by paying debt off early.

- Shows you clearly what debts have already been paid off

- Allows you to generate and send a report of the plan to anyone via email.

- Security to keep your data private (check the iPhone Settings for configuration of security)

What's New in Version 1.35

Updated for iOS 4.x
Several Bug Fixes

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Rated 3/5 based on 1 customer reviews.

 

3/5 stars

Good idea, take it further

:
I wish I could select the order in which I'll be paying off credit cards. Mark them First, Second, Third, etc. and let me choose.

For example, right now I'm paying off the highest interest rate credit card first, followed by the smallest debt to largest - in other words a mixture of your two choices.

I'd LOVE a "I want to pay off my CCs in the following order" option.

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The information may be outdated (2011-03-27 22:07:28). For actual information go to iTunes

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