Yes. You read that right. You can pay off debt with your iPhone. Ok, maybe I should specify exactly what I mean. It is possible to use your iPhone as a tool to help pay off your debt.
With the Pay off Debt app, you can use the snowball method to help pay off your debt.
A debt snowball is a way to systematically pay down debts. Using this method you pay minimum payments to all debts except one (usually the debt with the lowest balance.) You then pay the minimum payment plus as much additional money as possible to the selected debt. This process is repeated until all of the debts are paid off.
Pay Off Debt is compatible with iPhone, iPad, iPad Mini, and iPod Touch.
It’s designed to help you create and use a debt snowball to focus your debt reduction efforts.
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