6 Free Apps to Help You Tackle Debt
Paying back your debts is no easy task. It’s often long journey and any tool that can make it a smoother and quicker process is a good asset. Whether it’s a debt calculator or an all-around view of your finances, these 6 free apps will help you get back in the black.
1. Undebt.it
Undebt is a web-based application that will help you pay off your debts. It’s as simple as entering your income, outgoings, and debts to figure out a plan. It uses the snowball debt method (paying the smallest debt first), to help you create a monthly payment plan that can be adjusted at any time. By using the free version of Undebt, you should have more than enough tools to help you tackle your debt. The only drawback of Undebt is that you will need to enter all of your data manually, as it doesn’t connect to your accounts.
2. Student Loan Hero
If you’re hoping to crush your student loan debt, Student Loan Hero is a simple but slick dashboard that will do the trick. This program will link with your accounts, and help you build a personalized repayment plan that will fit your budget. Student Loan Hero will also help you to refinance, or get into a forgiveness program. The website is very user-friendly, and they have lots of guides and articles filled with information on student loans.
3. Mint
This next tool isn’t strictly debt-focused, but they will give you a wider view of all of your finances. Mint can help you repay your debt by creating goals. You can input all of your debts into the goal setup section, and then get notifications when you need to pay them.
Mint is a great tool to use when you need to look at the bigger picture. It connects all of your accounts in one place and lets you see your expenses, income, and debts. You can also access your credit report for free. To make the most of Mint, use it alongside a debt repayment method that works for you.
