No. 1 Ranked Finance App in the US & UK
'Debt Manager' aims to assist you in efficiently getting out of debt.
5-Stars - "By Far, This is one of the best Money Apps that I have seen. Fantastic, Great Job"
5-Stars - "This app is worth every penny.. Great info and breakdown.. I am so looking forward to being debt free!!"
5-Stars - "This app is three things: Simple. Effective. Spot On."
5-Stars - "The details, features, and thought that went into creating this app are endless."
5-Stars - "Super easy to use; choice of strategies to choose for to pay off debts. Most helpful app for paying down debt I've come across."
Debt Manager helps you organize, track, and pay off all your debts in the most cost-effective and efficient way possible. It utilizes the Debt Snowball method, which is recognized by leading financial advisors as the most effective approach to paying off multiple debts.
You will be amazed at how much time and money you can save by implementing this simple strategy, and Debt Manager will guide you through the process. If you're looking to become debt-free, start using the app now!
Features
- Simple and intuitive user interface - facilitates quick and clear results
- Hints and tips - provides guidance throughout the process
- Summary shows payoff progress - includes a progress bar, your estimated debt-free date, and your interest/time savings
- Choose from multiple payoff strategies:
- Lowest Balance First
- Highest Interest First
- Highest Balance First
- Custom Order
- Enter an unlimited number of debts
- Analyze each debt individually
- Record payments as a percentage of balance
- Support for introductory rates, e.g., 0% for 6 months
- Record monthly payments
- Automatic or manual recording options
- Allows you to keep track of your progress
- Backup & Restore
- Secure online storage through popular Dropbox service
- Safeguard your data
- Manually sync between devices
- Choice of payment periods - handles monthly, weekly, and fortnightly payments
- Enter extra payments against each debt
- Accelerate debt payoff
- Options to enter extra payments monthly, yearly, or as a one-off
- Enter transactions against each debt
- Take into account expenses/purchases
- Options to enter transactions monthly, yearly, or as a one-off
- Transactions will increase the debt balance
- Try out various 'What-If' scenarios, including:
- Changes in interest rate
- Increased monthly payments
- Export debt details via Email
- Professionally formatted PDF or HTML
- Export individual debts or overall summary
- Includes full amortization schedules
- Charts are attached to the email export
- Interactive reports
- Easy visualization of the debt breakdown
- Compare debts side by side
- Press, hold, and slide to see costs per month
- Pinch to zoom
- Includes a set of calculators to help you compute:
- Monthly payments
- Extra payments
- Payoff date
- Refinance benefits
- Notification of payments due - never forget to record a payment
- Passcode protection - keep your data secure
- Full manual is embedded within the app - contains all the information you will ever need
Overview
Debt Manager is a Commercial software in the category Business developed by MH Riley Ltd.
The latest version of Debt Manager is 1.7.1, released on 11/01/2023. It was initially added to our database on 11/01/2023.
Debt Manager runs on the following operating systems: iOS.
Users of Debt Manager gave it a rating of 5 out of 5 stars.
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