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Debt Snowball Pro - Pay Debt app for iPhone and iPad


4.6 ( 1616 ratings )
Business Finance
Developer: Matthew King
2.99 USD
Current version: 12.1, last update: 3 years ago
First release : 01 Apr 2009
App size: 34.29 Mb

*** Discounted for a limited time ***

Achieve financial freedom with Debt Snowball Pro! This easy-to-use app helps you eliminate debt using the “debt snowball” method that is taught and endorsed by many financial professionals.

Featured in Parade Magazines Intelligence Report. (April 2012)

Featured in iTunes "Top 20 apps in 2011 to improve your fitness and finances"

The best Debt Snowball app in iTunes

This app is used and recommended by many financial advisors, firms, and banks. Simply input your debts (including balance, interest rate, and monthly payment) and Debt Snowball Pro will help you select the best payoff method.

Using the debt snowball method of payment, once you pay off a debt, you’ll apply the previous payment to the next debt, resulting in a snowball effect as the amount paid toward your larger loans grows over time.

You can choose to pay off debts with higher interest rates first (to save money), or those with the lowest balances (for small, motivating successes along the way). Debt Snowball Pro shows you just how much money you’ll save by choosing these methods over making minimum payments.

View our demonstration on YouTube: http://www.youtube.com/watch?v=vQ4Ce7ujDxc

SPECIAL FEATURES:
•Easy-to-use interface.
•Password protection.
•Ability to add and remove debts, update balances, and see when you will be debt-free.
•Shows interest saved and debt payoff dates.
•Detailed Payment Schedule spreadsheet, showing effects of applying snowball payments to individual debts.
•Ability to quickly make payments on individual loans.
•iCloud support so you can easily share data between devices.
•Progress bars to show and encourage progress.
•Custom notification to remind you when each bill is due.
•Ability to share on Facebook and Twitter.

NOTE:
This also makes a great gift to family and friends. Click the down arrow on the left (next to Buy App) and choose "Gift This App".

COMMENTS:
Please send your comments, suggestions, and questions to [email protected].

REVIEWS:
"This is an excellent App! One of the most important keys to success when trying to get out of debt is ‘Concentration’ on the goal. The Debt Snowball is a goal. Having the information readily available to look at may keep more people motivated towards attaining their goal of becoming debt free."
- enemyofdebt.com

"My husband and I both use Debt Snowball Pro. The peace of mind that I got from having a plan set and seeing the "end date goal" is worth every penny. Before using Debt Snowball there was a constant nagging feeling in the back of my head that kept me from ever being completely relaxed. Now, with the goal in site I feel so much better about our situation. If you have several loans you should not hesitate, get the app. Follow the steps and get your own peace of mind and start working toward freedom from debt"
- AquababeJen

"Great app to manage and control your debts. Simple to use and understand and can save you a ton of real money"
-casey_tx

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Pros and cons of Debt Snowball Pro - Pay Debt app for iPhone and iPad

Debt Snowball Pro - Pay Debt app good for

After purchasing 2 other apps similar in nature this is the closest to being the exact type of app I need and want. It would be 5 stars if it allowed to view previous payments made to allow a person to see how much (and when) theyve paid off their debts.
This is a great app and very motivating. I love the debt snowball philosophy and this calculates everything for me and makes it very clear on when I will be debt free. Amazing tool to motivate people who want to get out of debt.
Really lets you customize how you are going to attack your debt, and it keeps you on target.
You must get this App if you have debt. It really motivates you to pay it off.
Really helps come up with a great debt payoff plan to try to stick to. Love the customizable options regarding which way you want to pay it off.
This app has kept me on track! I only have one bill left where I previously had 6 & Ive paid down approx. $7K in about 1.5 yrs.

Some bad moments

The app itself is good. Once a password is put on, it is impossible to get back in. The app will not recognize password, so you cant protect your info.
Not as functional as it could be, wish there was something that could keep track of when payments were made and how much each payment was. The pay off plan is hard to read, some colorful charts or graphs would be better! ;-) also it said it would notify me one day before a payment was due I have yet to receive any notifications.
Just downloaded this app and very disappointed. Would like Password to apply to the app, not to each debt. Am I missing something? And where is the Dave Ramsey system of ordering the debts by lowest $$? So far all I see is debts listed in the order in which I entered them. Useless app so far - unless someone can enlighten me. Will see if I can get my $ back otherwise.
No visual n cant even enter payoff dates, early payment, lump payments. Just horrible
I spent quite a bit of time inputting all my debt info. Then I added a password. Its the same 4 number password I use on things such as this and now the app wont let me in. It freezes on the first tab and wont accept my password on the other ones. Very disappointed!!!
I decided to use this function without reading through all the reviews. Theres apparently a problem with line of code dealing with the PW. I created a PW I would remember and for some reason it just wont accept it.

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