Debtinator 2.2.7

Debtinator 2.2.7
Debtinator tracks your finance to re-allocate spare money to pay down your debts

Publish Date: Mon, 10 Sep 2007 00:00:00 PST

About Debtinator:
- Brand new, more intuitive interface.: An easier interface means less time figuring out the program, and more timepaying off your debts.
- More reporting options.: Choose your own payment schedule. Pay the highest interest rate first. Or the lowest, andsee how they compare. Pay the debt with the highest fees, or only the minimums, or take it all into your own hands and chooseyour own strategy.
- Printing.: Keep a hard copy of those payment schedules you've created and check things off as you complete them, in a nicely formatted report. Show me how.
- Multiple accounts.: Now you can deposit your paycheck into a checking account, and automatically continue yoursavings by transferring a set amount of funds to a different, higher interest rate account.
- Interest bearing accounts.: You've got a savings account, and you're going to earn money from it. Debtinator nowkeeps track of that for you.
- More accurate reporting.: Debtinator used to assume that all events happened on the same day, the first of the month.But, of course, reality doesn't reflect that. You may have bills to pay on the first, but you don't get paid until the third.Now you can more accurately report on that.
- It's tougher to run out of money.: Debtinator is smart enough to plan for the future. If you have extra money now,but are going to have a big bill to pay for 3 years from now, the program will re-arrange to make sure you can pay it, if at all possible.
- More debt options.: Banks are sneaky. Credit card companies are sneaky. There are all sorts of hooks and gizmos andtricks that they employ. Sure, that 0.00% introductory interest rate is great now, but in 6 months it runs out and you're upto 21.99%. Then what? Or, you charged up $5,000 at your normal 15% interest rate, but have another $5,000 that was a balance transferat 3.99%. Your payments are applied towards the 3.99% first, then the 15% when it's paid off.Debtinator lets you store all of that easily with more complicated debts.
- Graphing.: Now you can visualize your debts over time and compare payment plans. You can more easily see how payingover the minimum will save you money.
Read more...