Debt Snowball - Payoff Planner

Name: Debt Snowball - Payoff Planner
Rating: 4.7 (1094 reviews)
Author: Polybit Studio Pty Ltd

Credit card & payment tracker

Only for iPhone

Free · In‑App Purchases · Designed for iPhone

1.1K Ratings
Ages

4+
Years
Category

Finance
Developer

Polybit Studio Pty Ltd
Language

EN
+ 6 More
Size

24.8
MB

iPhone

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: • Add multiple debts • Choose any repayment frequency (weekly, fortnightly, monthly, quarterly, six months, yearly) • View total amount due, total interest paid, repayment amount/frequency, next due date and days remaining for each debt • Check off and keep track of every payment towards a debt • See the principal and interest paid on each payment • Choose between four popular payment strategies recommend by financial experts: — Standard — Avalanche (Highest Interest Rate) — Snowball (Lowest Remaining Balance) — Snowball (Highest Remaining Balance) All strategies include the pay-off date, total interest and the total saved. • Keep your debts private with a Passcode, TouchID or FaceID • Get push notification reminders for a specific date and frequency so you'll never forget to make a debt payment • Supports different currencies Got feedback or ideas? Feel free to reach out to support@polybitstudio.com

Ratings & Reviews

4.7

out of 5

1.1K Ratings

Good for me
Aug 14

dda6133
Maybe not for everyone but I personally appreciate the simplicity of this app. I just need to see all my debts in one place and monitor/track my progress. THAT’s IT!!! None of the extra nonsense. No extra tabs. No random features I don’t need. No ads. No begging me to upgrade to premium. Etc.
Good for me
Aug 14

dda6133

Maybe not for everyone but I personally appreciate the simplicity of this app. I just need to see all my debts in one place and monitor/track my progress. THAT’s IT!!! None of the extra nonsense. No extra tabs. No random features I don’t need. No ads. No begging me to upgrade to premium. Etc.
Useless
01/04/2024

CoyaB1983
I’m sooo disappointed in what I just purchased through this app. I was hoping by purchasing the strategies for paying off debt that it would show tips, or even show additional payment methods to paying off the debt quicker using each method. All it did was organize the debts by the lowest or highest amounts. I’m HIGHLY disappointed, because that’s something I’ve done on my own before even using this app. So exactly what am I purchasing if the app isn’t giving me clear cut information that’s going to help or show me the best techniques to use to paying down the debt faster? It’s very misleading, and does absolutely nothing to help.
Useless
01/04/2024

CoyaB1983

I’m sooo disappointed in what I just purchased through this app. I was hoping by purchasing the strategies for paying off debt that it would show tips, or even show additional payment methods to paying off the debt quicker using each method. All it did was organize the debts by the lowest or highest amounts. I’m HIGHLY disappointed, because that’s something I’ve done on my own before even using this app. So exactly what am I purchasing if the app isn’t giving me clear cut information that’s going to help or show me the best techniques to use to paying down the debt faster? It’s very misleading, and does absolutely nothing to help.
It’s a good start
12/30/2019

mrchrisjones
I like the layout of this app, it’s nice looking and extremely simple. It’s basic and seems to be missing a couple of helpful features. I’d like to be able to add balance and payment details including cents, so I can have more accurate numbers. Also, I’d like to see my minimum monthly payment total for all debt and specify how much additional money I can put towards debt and have it add that money to the highest priority loan based on my payoff method.
It’s a good start
12/30/2019

mrchrisjones

I like the layout of this app, it’s nice looking and extremely simple. It’s basic and seems to be missing a couple of helpful features. I’d like to be able to add balance and payment details including cents, so I can have more accurate numbers. Also, I’d like to see my minimum monthly payment total for all debt and specify how much additional money I can put towards debt and have it add that money to the highest priority loan based on my payoff method.
Almost there
09/11/2023

PAldridge
This tells you how fast you can pay off your debt using only the current payments that are being paid to the debt. It does not offer any ability to add an additional monthly amount overall to see how fast you can get stuff paid off. Add in an estimator tool to be able to do what if scenarios and add that to the plan and it would be five stars.
Almost there
09/11/2023

PAldridge

This tells you how fast you can pay off your debt using only the current payments that are being paid to the debt. It does not offer any ability to add an additional monthly amount overall to see how fast you can get stuff paid off. Add in an estimator tool to be able to do what if scenarios and add that to the plan and it would be five stars.

Debt Free is now available for free download! Give it a try, and unlock the Avalanche and Snowball method with an in-app purchase. The Avalanche and Snowball methods will be unlocked automatically for existing paid users. If you have any issues, tap Settings > Restore Purchases.