π§ What is debt snowball - payoff planner and How does it work?
Overwhelmed with debt? Get debt-free faster using the Snowball/Avalanche payment strategy, recommended by many financial experts. Simply add your debts and Debt Free will help you choose the best pay-off method so you pay less interest, save more money, and become debt-free sooner! FEATURES: β’ Add multiple debts β’ Choose any repayment frequency (weekly, fortnightly, monthly, quarterly, six months, yearly) β’ View total amount due, total interest paid, repayment amount/frequency, next due date and days remaining for each debt β’ Check off and keep track of every payment towards a debt β’ See the principal and interest paid on each payment β’ Choose between four popular payment strategies recommend by financial experts: β Standard β Avalanche (Highest Interest Rate) β Snowball (Lowest Remaining Balance) β Snowball (Highest Remaining Balance) All strategies include the pay-off date, total interest and the total saved. β’ Keep your debts private with a Passcode, TouchID or FaceID β’ Get push notification reminders for a specific date and frequency so you'll never forget to make a debt payment β’ Supports different currencies Got feedback or ideas? Feel free to reach out to support@polybitstudio.com
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