The mission of this app is to assist users in becoming debt-free using the popular and recommended Snowball method, endorsed by financial experts.
The app offers five strategies: Highest Interest Rate First, Lowest Balance First, Highest Balance First, Earliest Payment Date First, and Custom Order. Debts Break will display the pay-off date and the amount of interest saved for each strategy. Use this app to effectively manage your debts and visually track your pay-off progress.
Key Features:
- Displays remaining balance, monthly payments, paid amount, and percentage of each debt
- Automatically updates remaining balance
- Lists payment logs and allows marking them as paid or unpaid
- Enables adding extra payments for any debts
- Supports zero interest rate
- Allows adding notifications for each debt
- Sends debt payments via email
- Offers five Snowball Payoff plans: Highest Interest Rate First, Lowest Balance First, Highest Balance First, Earliest Payment Date First, and Custom Order
- Displays pay-off date and interest savings for each strategy
- Option to turn Snowball method ON or OFF
- Four calculators available: Loan, Payoff Date, Mortgage and Affordable Loan. Amortizations can be sent via email
- Reports on the 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.
- Provides passcode protection with support for Touch ID
- Offers WiFi Backup and Restore functionality
- Supports iCloud Backup and Restore
- Compatible with both iPhone and iPad (universal version)
- Includes 3D Touch function
- Supports Apple Watch
If you have any questions, please email us at thelinklinks@gmail.com.
Overview
Debts Break is a Freeware software in the category Business developed by LINKLINKS LTD.
The latest version of Debts Break is 6.0, released on 07/04/2024. It was initially added to our database on 01/16/2024.
Debts Break runs on the following operating systems: iOS.
Users of Debts Break gave it a rating of 4 out of 5 stars.
Pros
- User-friendly interface for easy debt management
- Ability to track multiple debts and see progress at a glance
- Option to set payment reminders to stay on top of debt payments
- Ability to create custom payment plans based on individual financial situations
- Secure data encryption to protect sensitive financial information
Cons
- Limited customer support options available
- Some users may prefer more advanced features for debt analysis and forecasting
- Mobile app may have occasional glitches
FAQ
What is Debts Break?
Debts Break is a personal finance management app developed by LINKLINKS LTD.
What features does Debts Break offer?
Debts Break offers features such as expense tracking, debt management, budgeting tools, and payment reminders.
Is Debts Break available on multiple platforms?
Yes, Debts Break is available on both iOS and Android devices.
Is Debts Break a free app?
Debts Break offers a free version with basic features and a premium version with additional functionalities.
How can I track my expenses using Debts Break?
You can track your expenses in Debts Break by manually inputting transactions or syncing your bank accounts for automatic tracking.
Can I set up payment reminders in Debts Break?
Yes, you can set up payment reminders for your bills and debts in Debts Break to avoid missing any payments.
Does Debts Break provide any financial advice or tips?
Debts Break offers financial tips and advice to help users manage their money more effectively.
Is my financial data secure in Debts Break?
Yes, LINKLINKS LTD ensures that user data in Debts Break is protected with strong encryption and security measures.
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