Debts Break 4+

Name: Debts Break
Rating: 4.1 (88 reviews)
Author: LINKLINKS LTD

Payoff Plan & Snowball Method

LINKLINKS LTD

Designed for iPad

- 4.1 • 88 Ratings

- Free
- Offers In-App Purchases

Description

The mission of this app is helping you become debts free by Snowball method which is most popular used and recommended by many financial experts.

There are five strategies provided, Highest Interest Rate First, Lowest Balance First. Highest Balance First, Earliest Payment Date First and Custom Order, Debts Break will show you pay off date and interest saved by each strategy. Use this app to manage your debts and track the pay off processes visually.

Key Features:
⁃ Shows remaining balance, monthly payments, paid amount and percentage of each debt.
⁃ Update remaining balance automatically.
⁃ Lists payment logs, mark them as paid or unpaid.
⁃ Add extra payment for any debts.
⁃ Supports zero interest rate.
⁃ Add notification for each debt.
⁃ Send Debt payments by email.
⁃ Five Snowball Payoff plan: Highest Interest Rate First, Lowest Balance First, Highest Balance First, Earliest Payment Date First and Custom Order.
⁃ Shows pay off date and interest saving of each strategy.
⁃ Turn Snowball method ON or OFF.
⁃ Four calculators: Loan, Payoff Date and Mortgage and Affordable Loan, send amortizations out by email.
⁃ Reports for percentage and balance amount of each debt, pie chart for balance and interest. Chart view of monthly amount of each debt. Chart view of yearly total debts payment and each debt.
⁃ Passcode protection.
⁃ Supports Touch ID as passcode.
⁃ Supports Wifi Backup and Restore.
⁃ Supports iCloud Backup and Restore.
⁃ Supports universal version (available on both iPhone and iPad).
⁃ Adds 3D Touch function.
⁃ Supports Apple Watch.

If you have any question, please email to thelinklinks@gmail.com.

Nov 22, 2023

Version 5.1.1

⁃ Compatible with iOS 17.
⁃ Other minor bugs fixed.

4.1 out of 5

88 Ratings

I like it

For what I needed done I like it. I was down to 2 debts my my mortgage and a car payment. I was paying twice a month, so had it notify me a reminder. Well, I paid it off early, but still getting notifications to pay. I then deleted that payment off my account. I am still getting notifications. I’ve tried everything to get it to stop. It looks like I will have to delete app and restart, which is a pain.

I like it.

I understand some of the criticism. There are issues with putting in the amount you actually paid, and I would not use this app for variable monthly bills- just consistent debts(like credit card and different loans). However, for managing debt and staying motivated, I have found it to be an excellent tool. I love the charts and graphs! I have recommended this app to friends and family, and use it all the time.

STOP TRANSFERRING MONEY TO DIFFERENT ACCOUNTS

Whenever I try to set up a schedule it transfers payments from a different debt I have without my approval. I should be allowed to set up a schedule without it doing this. And I cannot alter it to being lower than the amount it is.

You need to fix this because the point of this app should be for me to come up with my pay plan so I can see everything. Instead of assuming that I’m going to be putting money towards that debt instead of a different one.

The developer, LINKLINKS LTD, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.