Home
  • plan
  • Invest
  • Property
  • enquire now
  • Learn
Home
DPN
  • plan
  • Invest
  • Property
  • enquire now
  • Learn

Finance

3 apps that can help you pay off your debts quicker

Getting out of debt can seem unachievable without using the right tools to help you keep track of things. To help you get on top of your financial situation, here are three easy-to-use apps that can help you pay off your debts quicker.

TAGS

Finance (118) / Beginner (579) / Intermediate (544) / Expert (568) / Money Tips (126) / Personal Finance (87) / Apps (20) / Tech (36)

Getting out of debt can be challenging especially if you don’t have a clear picture of your financial status. Luckily, there are several apps that can not only help you make sense of your debt situation but also help you pay off the debt in the most efficient way possible.

There are several apps that can help pay off the debt in the most efficient way possible.

Getting out of debt can seem unachievable without using the right tools.

1. Debt Calculator

The Debt Calculator is a free online tool by CNN Money that helps you to figure out when you will be debt-free. The psychological effect of seeing an end to your debt is a powerful motivator for sticking to your repayment plan. The calculator uses the amount of debt, interest and minimum monthly payments to figure out when you will have paid off all your debts. The tool can also help you figure out how much to pay monthly if you want to be debt free by a certain date. Having an end in sight will help make getting out of debt seem more achievable and sets you on the path towards a brighter financial future.


RELATED LINKS

  • 4 unconventional ways to reduce your debts quicker

These easy-to-use apps that can help you pay off your debts quicker.

Having a clear picture of your financial status can help you get out of debt quicker.

Young people can succeed in property investment

Free - No Obligation

Contact us for a home loan health check

2. Unbury Me

Unbury Me is a free web-based application that helps you make sense of your finances. It does this by having you input all your debts, remaining balance on each debt, the interest rate on each debt and, finally, the minimum payment on each. Once this is done, it shows you which debt repayment method is better for you, between the avalanche or snowball method, and then shows you a visual representation of when you will finally be debt-free and even goes a step further by showing you how to pay monthly to get out debt quicker.

3. Debt Payoff Assistant

The Debt Payoff Assistant uses the snowball method to help you pay off your debt. It helps you make payments on the right dates and gives you a visual representation of your progress, which acts as a motivator. You can input an unlimited number of debts and different payoff strategies for different debts. The Debt Payoff Assistant is simple, easy-to-use and free.

 


Follow us on Twitter for more news, tips and inspiration.
Like us on Facebook and Google+ explore our Pinterest boards.

Like this article or found it helpful? Share it!

Newsletter

Receive our articles directly to your inbox

Next article

4 areas you can spend less and save more

Go to articles list

Programs

Work with us
Giving back
Become an affiliate
Refer a friend
Help desk
Property Management
Finance

Locations

Head office
Australia
Hong Kong
Singapore

Contacts

Toll free in Australia
P. 1300 723 318
Outside of Australia
P. +61 2 9525 2033

Social Media

Newsletter

Terms of use | Privacy policy | Guarantees

This information is provided by DPN Pty Ltd ABN: 94 630 700 186 Australian Credit Licence 514759. DPN Finance Pty Ltd is an authorised credit representative 504129 and related entity of DPN. Credit for Dream Big 100% Offset and Work Smart 100% Offset is provided by Adelaide Bank a division of Bendigo and Adelaide Bank Ltd, ABN 11 068 049 178 and Australian Credit Licence 237879. Casa Capace Operations Pty Ltd, NDIS provider number 4050038018 trading as Casa Capace.