Snowballs Made Easy with the Debt Free iPhone App

In my latest Credit.com column, I write about an iPhone app called Debt Free that helps people use the Snowball method to pay off credit card debt

Over the summer, I used credit cards to pay for things I’d ordinarily have used cash to purchase: vacation expenses, back-to-school supplies, school books, clothes for my kids, and business travel expenses. It added up fast. As a result, I am now carrying balances on three different credit cards. The total amount I owe is large enough that I can’t pay it off immediately, so I needed to come up with a plan to get out of debt.

I figured there’d be an app for that, so I looked around the iTunes app store and found something called Debt Free. It’s a well constructed app that helps you use the “Snowball method” to pay down your debt (including credit cards, car loans, lines of credit or any other kind of loan).

Snowballs made easy with the debt free iPhone app

View the original article here

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