Trying to pay down your credit card debt? We’ve already told you how just paying the minimums won’t get you anywhere, but what difference would just paying a few extra dollars make?
Introducing the BudgetSimple Debt Paydown Tool. You add your credit card and the interest rate, and we’ll show you when your debt will be paid off based on the amount you specify (We’ll also show you what paying half, or double that amount will look like).
You can see in the example above, that even just paying $12 less affects the payoff date by 3 years.
Also, as you update your balance, we’ll track it, so you can see how your pay down progress is going. This tool is available free for all users, login or signup here.