Debt Strategy

Debt Strategy

By Anishu, Inc.

  • Category: Finance
  • Release Date: 2011-04-19
  • Current Version: 1.5.2
  • Adult Rating: 4+
  • File Size: 3.28 MB
  • Developer: Anishu, Inc.
  • Compatibility: Requires iOS 7.0 or later.
  • App Ratings:
    3.5/5 ( 30 App Reviews)
  • Price:
    $0.99
Debt Strategy App Ratings: 3.5
3.5
Based on 30 App Reviews

Debt Strategy App Details

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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Debt Strategy App Screenshots

App Reviews

  • Like the app

    4
    By mschlo3
    Like this app is simplistic and straightforward I would like the app to have a total monthly outlay for my debts. Right now I have to manually add each monthly payment to see how much I need monthly to pay off my debt. I have this app on my iPad, wished it synced to my iPhone so I can view and use it from there also.
  • Additions

    4
    By R Moreno
    Great App. Was wondering.... Can you add 'extra payment' and 'start date' to each debt particularly the Home debt and a start date? Currently, you can only add the extra payment at the beginning of the entire strategy. This would allow us to add additional payments to each debt starting at a future date. Thanks.
  • Love this App

    5
    By $$Kj
    This App is perfect for my needs. Data is easy to input. The format is nice and the reports are great. I especially like the payment schedule feature which allows you to see the balances going forward. Great for planning purposes. Glad I found it, try others that didn't fit my needs that cost a lot more. Very good App for the money would recommend.
  • Only good for credit tracking

    3
    By Nanxica
    This app is only good for credit tracking this does not show monthly budgeting,which can be useful to include payments,such as monthly rent or phone bills that have no end date of payment.
  • Has some issues

    2
    By Paintballgirl
    While the app is good for some basic debt and payment calculations, it has some issues. Warnings to let you know required data in a field is missing show up out of the viewing area. Since you can't continue until the error is fixed, you have to figure out what is wrong or missing yourself before you can continue. This seems to be the case for emailing the data too, so it's not possible to use that function at all.
  • Great App

    4
    By mjchap
    I love this app. I have used several of the debt snowball apps and have found this to be my favorite. I would love to custom sort order and If doesn't notify you on iPhone 6.
  • The best!!!

    5
    By Clownie3o5
    It is the best and help me track money monthly. I don't want to check internet how much money I have left? I have everything ready by this APP!!! Thank you so much! I'd paid off my Victoria Secret debt card because of this app!!
  • Love

    4
    By emilmclark
    I just got this and input everything and I love it. It looks so nice. The only things I wish was that I could (1) input a debt that doesn't have an interest. Eg. Medical bills. They don't have an interest rate. (2) I wish I could input a custom payoff strategy. I've already figured out the best way to pay off my debt and it's none of the ways you have available. Hope to see those in the next update!
  • Very helpful...but...

    4
    By Vmbeach
    I really like this app. It's nice to see dates items will be paid off. It would be nice to be able to enter 0 interest and to make weekly payments.
  • Can't enter 0% interest

    2
    By morgannyny
    I'm sure it's a great app, but I can't get through the setup. It won't let you enter 0% interest. I transferred some balances to a 0% interest card, and that needs to be part of my plan.

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