What is Reddit's opinion of Debt Payoff Planner?

From 3.5 billion Reddit comments

Delete all the apps and Unsubscribe from the email.

Then put an app called Debt Payoff Planner Pro on your phone. There's a Web version that comes with it. It's $24.99/year.

Next, you're going to go get the PDF of ALL of this month's credit card statements, as well as any for the loans you have.

You're going to put the balance, the minimum payment, and the due date for each in the app.

Then, you find the statement issue date, and for each of those cards, you're going to put the amount that you paid last month in the payment field for each card. There's also a line for any new charges (that's already tallied).

So your inputs each month are: TOTAL PAID INTEREST ACCRUED NEW EXPENSES

From there, it calculates how much of the principal--that's the total amount you owe--that's ACTUALLY getting paid down when you make a payment.

I won't lie. You're going to be sick the first time you do all of this. That's necessary. Because you won't stop using the cards until you get tired of feeling sick. And when you do, that's when your debt will start going down.

You have a HUGE advantage if you are still living with your parents and have no living expenses. With 1700/month, that's going to knock out a considerable amount of debt in 12-15 months - - nearly all of it.

You CAN do it, but you need to do the tracker monthly.

As long as you can do the avalanche without losing your motivation it’s usually the mathematical smarter option. I highly recommend using the Debt Payoff Planner. You can enter all of your accounts and then choose whether you want to use the snowball or the avalanche and it will give your your payoff date, how much you’ve paid in interest, as well as how much you’ve paid total. For me, the time frame to pay off all of my debt was only one month shorter using the avalanche. iOS - Debt Payoff Planner & Tracker by OxbowSoft LLC https://apps.apple.com/us/app/debt-payoff-planner-tracker/id1009323715 Android - https://play.google.com/store/apps/details?id=com.oxbowsoft.debtplanner

Hey, friend. Glad you're here. You can't fix the problem until you recognize that you have one, so good job. That took a lot of courage.

Get this app and start inputting the info from your monthly credit card statements. Use the date the statement was issued. Don't delete any debts when you get thrm paid off. You can also use the website version with the same login if that's easier.

https://play.google.com/store/apps/details?id=com.oxbowsoft.debtplanner

https://play.google.com/store/apps/details?id=com.oxbowsoft.debtplanner

Not sure if this is available worldwide, but this is one that I've been told about by customers as I work in the debt sector. If you have any questions I'm happy to help

Sorry - I think you have to do that in the app, and then you can log into a browser to see your data too.

Android

Apple

I really liked Debt Payoff Planner. Made it easy to tracker when I was paying down debt in the past.

https://play.google.com/store/apps/details?id=com.oxbowsoft.debtplanner