Available In: App Store

Price: $2.99

Pay Off Debt is a debt application that helps you to pay off your debts quicker by giving you the option to implement a snowball.

The application allows you to enter information about all of your current debt such as; Name, Type of Debt (Credit Card, Car Loan, Generic Debt, Mortgage/HELOC and Student Loan), Amount Owed (this is the original amount of the debt), Current Balance (what you have left to pay of the debt), Interest Rate (APR), Due Date (due date of the month payment) and the Minimum Monthly Payment.

What I like about that application is that it is quick and easy to enter your debt info… a very user-friendly interface. If you have a lot of debt, it could seem like a daunting task but, it really only takes a few minutes as long as you have the info handy. [Read more…]