FTC Disclosure

Life is complicated enough without getting into hotwater with federal agencies so: TAKE NOTE Many things I review I got at no charge in exchange for an honest review. Consider this as informing you that ALL things I review may have been gotten at no charge. Realistically about 60% but in order to keep things above board just assume that I got the stuff free. I do not collect information on my readers. If cookies or other tracking stuff is used on my blogs it is due to BLOGGER not ME. Apparently the European Union's new rules state I need to inform you if cookies are being use. If they are it isn't byu me, consider yourself INFORMED.
Words like, “sponsored,” “promotion,” “paid ad” or even just “ad” are clear ways to disclose that you’re being paid to share information and links so BE AWARE that some of what I write can be described as an AD by the government. BTW I will NEVER say a product is great, super or even acceptable if it isn't, whether I got it free or NOT!



Please check out my other blogs
Pick of the Literate 
or Azure Dwarf’s Horde
or visit my web site

Sunday, February 5, 2012

Pay Off Your Debt With iPhone's Easy App

A Guest Post

Whether you have started your own business or put yourself through school, many of us are now faced with a sizable debt that must be re-paid. And if the majority of your debt is on one or more credit card, dealing with repayment can become even more complicated. That's what is so cool about the new iPhone app, Pay Off Debt. If you are one of the many people juggling credit card debt, Pay Off Debt is designed specifically to help with managing credit card debt and is a great tool to manage your finances 24/7.

Once you download Pay Off Debt, you can enter all your debts, and the app will help you figure out the most effective way to pay them off. You start by entering and labeling your debts and organizing them by types, such as student loan, credit card, or car loans. You will also enter the balances, interest rates, and payment information. As soon as you assign a label to each debt, the app will automatically sort them into categories. The app keeps track of what percentage of your debt you have paid and how much longer it will take to pay each debt off.

The best part about the app is the fact that it provides an easy way to actually plan and keep track of paying down your debt. There are many ways to pay off debt that includes multiple lines of credit. One of the most common is to start with the debt that has the highest interest rate and pay that off completely before moving on. Others choose to pay off the debt with the lowest balance first and then work their way up. Pay Off Debt also offers an option called Debt Tsunami that allows you to create a custom payment plan that changes over time.

Pay Off Debt doesn't come with too many bells and whistles, but that may be one of its draws. The app is a simple way to keep track of the money you owe. It's a great option for those of us who need a quick reference to debt balances and plans. And it's also a nice way to get debt issues out of your mind and into a concrete visual. Use the app to view starting and current balances, plan monthly payments, view the last recorded payment, check the estimated time left to pay off, see things broken down in graphs and tables, and track your payment history for each debt.

Try Pay Off Debt 2.0.4 for $2.99 at iTunes.


This is a guest post by Eliza Morgan who is a full time blogger. She specializes in writing about business credit cards. You can reach her at: elizamorgan856 at gmail dot com.

This is a guest post and as such I am not recommending or endorsing any of the products or links in this email but I found the post interesting therefore I ran it. I received no compensation whatsoever for running this post.

No comments:

 Money Saving Tech Tips