Ready for Zero, Just Turn Off, That’s Where to Track Your Debt Now
Last year, online lender Avant bought ReadyForZero, a pretty solid debt tracking and management tool . Unfortunately, they recently shut down the platform by deactivating user accounts. If you’re in need of a new debt planner, here’s where to look.
ReadyForZero was helpful because it helped visualize your debt goals. It was easy to see how much interest you were paying each month, and as you paid off the debt, you could see your progress. What’s more, it also tracked your credit score. The good news is that there are other apps and tools out there that do this job.
Student Loan Hero : For student loans, Student Loan Hero is a comparable (free) alternative web app. You enter your financial details, you get a repayment plan, and the tool tracks the payment of your debt while you stick to that plan.
The Goals feature on Mint.com allows you to track the repayment of any type of debt, from loans to credit cards. It’s pretty simple: you enter your debt, the amount you can afford to invest in it each month, and the tool tells you when you can expect to be free from debt. It will also track your progress throughout the month. Best of all, Mint also offers free credit monitoring .
LearnVest : If you’re looking for something a little more hands-on, LearnVest offers a paid option that connects you with a true Certified Financial Planner . They will help you develop a personalized repayment plan based on your situation and finances, and then you set a debt relief date and track your goal through their app. You can also use the app for free if you just want to get financially verified.
And there are many simpler mobile apps that track your debt repayment goals. Debt Free for iOS is $ 0.99, but you can track multiple debt repayments, get detailed payment schedules, and access their built-in debt calculators. Debt Planner (also $ 0.99) is a similar tool for Android users.