Debt payoff planning
T
Tamara
It would be nice if the software could use the debt information from the credit cards and loans entered into the account and give us an automatically updated debt payoff overview or timeline. It would be nice if it gave us a way to view the paying off plan based on snowball and/or avalanche; and even better if it showed us how much we would save or pay in interest according to our plan.
Juliet
Merged in a post:
Debt payoff analysis and planning feature
K
Kevin Harvey
AI informed analysis of debt, income, assets, then analyze & recommend possible pay-down/payoff strategies. Present the debt relief in categories such as fastest; lowest total interest; low-hanging fruit first; or other various strategies. Then help create a budget showing recommending exactly how to achieve the chosen strategy with charts showing progress toward debt reduction goals.
E
Emanuel
Yep
B
Brian
This is a great idea! Since it can see not only see the balance but it can also see payment amount and your payment trends, for each debt, it can better predict the payoff. This is also nice because sometimes life happens and you have to put a little onto a card. This feature could pick up that new balance and re-calculate the payoff timing easily.
R
Robert
Love to see which one I should pay off first.
Juliet
Merged in a post:
Debt payoff
M
Michelle
A section where your linked credit cards/loans have you input the interest and calculates how much needs to be paid each month to be able to pay off the loans
Juliet
Merged in a post:
Additional Credit Card Payments
I
Ivan
Add an ability to show credit card payments as upcoming bills/spending, and show how much extra cash you can put towards paying down credit cards. A debt payoff system essentially.
J
Juliette
I literally posted this suggestion yesterday!
Juliet
Merged in a post:
Debt tracker
A
Alyssa
Individual debt tracker and planner to tackle debt
S
Seana
This would be so helpful
Juliet
Merged in a post:
Debt Tracker
D
Deziree
Maybe find a way to collaborate with someone to be able to help track debts people owe like school loans or something
Load More
→