Agile Snowball: Debt Simplified by Midnight Labs (iPhone)
(45)
Released: Jan 27, 2010
Version: 1.5
Size: 2 MB
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Ranking - Finance (iPhone)

Agile Snowball: Debt Simplified

Midnight Labs
Permanent Price drop to celebrate iPad release!

Features:
•\tTrack multiple debts at once.
•\tAdd/Edit/Delete debts.
•\tAdd/Edit/Delete additional payments.
•\tDetailed statistics for each level of scope.
•\tLocalization support for currencies and dates. Based on device settings.
•\tSimple, Clear interface.
•\tUnique Tutorial Mode to explain all features and information being displayed.
•\tCustom Graphs and Charts for visual representation of data.


Agile Snowball is a financial tool that will attempt to find the best repayment plan for a given scenario, if one exists. If you have multiple debts it can be difficult to figure out which one should be given the highest priority. The Snowball technique is a method of debt repayment that takes a single monthly payment, and distributes it amongst the debts generally in the most efficient way possible. People often wish to pay off the smallest debts first to gain a sense of accomplishment but this has the potential to lead to large amounts being paid in interest. By paying the highest interest amounts first you can be assured that you are minimizing the cost of repayment. Instead of going to a consolidation service the Agile Snowball can tell you how to keep track and repay all your debts in the timeliest manner.


Disclaimer:
Agile Snowball is a tool to help and educate an efficient repayment plan. Midnight Labs and Agile Snowball is not liable for any errors, mistakes, inaccuracies that may occur. Talk to a certified professional if you have further questions or would like to know more about repayment options. It is up to the individual to ensure that they are aware of their financial situation.

What's new in version 1.5
* Fix Keyboard UI issue.
Our verdict: Ok
  • + Agile Snowball: Debt Simplified is an ok, 3.5-star app.
  • + It is currently 33% off its regular price.
  • + The app is also at the lowest price we've seen.
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