Debt Manager & Loan Calculator 4+
Mortgage Credit Payoff Monitor
Polybit Studio Pty Ltd
Designed for iPhone
-
- Free
- Offers In-App Purchases
iPhone Screenshots
Description
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
What’s New
Version 2.0.0
Debt Free is now available for free download! Give it a go, 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.
Ratings and Reviews
Not bad...
Nice design, does exactly what it says but missing some advanced features. Me personally I would like to see the ability to set some debts to autopay instead of having to mark them as paid. Some debts may be paid manually and some may have direct debits setup.
Developer Response ,
Hi thanks for the review! We'll add that to our list of features to consider for future releases, if you have any other feedback or ideas please contact us on support@polybitstudio.com
Promising but faulty
I enjoyed the look and feel of the app and could see the payment strategies being useful to recalculate my monthly credit card payments to see how much time and interest I could save paying of my credit cards. Not sure if it’s a bug or just really poor app development but selecting a payment strategy doesn’t do anything other than change the order of the cards and show less time and interest for the debts added. The monthly payment amount stays the same and if I edit the card details and press save without changing anything, the original repayment times and total interest are restored. Not happy with the functionality having paid for the extra service. If it’s just a bug please rectify it and I will update my review. Thanks
Lovely simple aesthetics and user design
Would be great to have a feature to add multiple overpayments mid month and see the difference this makes to the maths, and not just at each payment schedule
App Privacy
The developer, Polybit Studio Pty Ltd, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Identifiers
- Usage Data
- Diagnostics
Privacy practices may vary based on, for example, the features you use or your age. Learn More
Information
- Provider
- Polybit Studio Pty Ltd
- Size
- 24.8 MB
- Category
- Finance
- Compatibility
-
- iPhone
- Requires iOS 11.0 or later.
- iPod touch
- Requires iOS 11.0 or later.
- Mac
- Requires macOS 11.0 or later and a Mac with Apple M1 chip or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
-
English, French, German, Italian, Japanese, Korean, Simplified Chinese
- Age Rating
- 4+
- Copyright
- © 2020 Polybit Studio Pty Ltd
- Price
- Free
- In-App Purchases
-
- Unlock All Payment Strategies £6.99