Saturday, October 6, 2012

Top 5 Best Debt Payoff Apps For Android

Are you wondering which credit card or loan to pay off first? How long it will take you to become debt free? For most people today, managing debt is just one more aspect of good financial planning. Whether you are dealing with school loans, car payments, credit card balances, or other debt, you need to have a solid plan. This app allows you to compile all your loan data in one place and analyze payment schedules and strategies.

1. Debt Payoff Planner




The Debt Payoff Planner app for Android can help you manage your debts simply and strategically. You don't need an MBA to use Debt Payoff Planner, and it won't take hours of data entry. Simply input each loan or card balance, the interest rate, and the minimum monthly payment. Then select how you want to pay them off: highest balance first, lowest balance first, highest interest first, minimum payments only, or a user-specified order. Finally, enter the total amount you want to pay toward your debt each month.

With a touch of a button, the app then calculates your customized payment plan and amortization table. It tells you how much to contribute toward each debt every month, how much total interest you will end up paying, and exactly when you will be debt free. See details by touching any month in the plan. The app can even display your payment plan visually with colored charts and graphs.

Download now at Amazon.com here.



2. iQuick DebtPayoff



Pay off debt faster! A great app for calculating payment schedules for multiple loans. It utilizes roll-down accelerated payment method to find debt payoff plan and make you debt free quickly.

Use this powerful and user-friendly loan calculator for setting debt elimination plans and save thousands of dollars in interest payment.

Download now at Amazon.com here.



3. Debt Organizer


Debt Planner will provide you with a quick, simple way of calculating different aspects of your current debt including the time it will take to pay off, the total interest fees over the lifetime of the debt, your current APR fee, and more! Whether it is credit cards, auto loans, personal loans, you can calculate it!

Calculations in this app are very accurate. Remember, if you feed it bogus numbers, you might get a bogus answer! It can only contain so many built-in protections!

Download now at Amazon.com here.



4. Debt Free


To operate this app, just enter the balances on all your credit cards, student loans, and other debts. Then enter how much total money per month you want to pay toward your debt.

With one tap, the app automatically calculates the best way to pay off your loan, based on a strategy you choose. The options are: highest interest first, highest balance first, lowest balance first, minimum payment only, or order of input. In each case, the app tells you how many months it will take you to pay off the debt and how much in total interest you'll pay over that period. Don't resign yourself to living with massive debt. You need a strategy, and the Debt Free app can help.

Download now at Amazon.com here.



5. Debt Crusher


If you're in debt (like most are) you're living a LIE!
Yes that's right a LIE. You've spent money you don't have on hand and you are now a slave to the guy who sends you that bill every month. Here's what you need to start turning your financial life around. It's a no baloney financial strategy that will affect everything you do and how you live for the rest of your life.

The Debt Crusher system features a comprehensive examination process for you, your current lifestyle and your future. The system includes a very practical and easy-to-follow road map out of the debt canyons you are in today and up to the highest peak of happiness by living a life that is debt free. FOREVER!

Download now at Amazon.com here.