Debt Manager

Debt Manager

By MH Riley Ltd

  • Category: Finance
  • Release Date: 2011-12-08
  • Current Version: 1.7.1
  • Adult Rating: 4+
  • File Size: 28.21 MB
  • Developer: MH Riley Ltd
  • Compatibility: Requires iOS 8.0 or later.
Score: 4.5
From 522 Ratings


*** No. 1 Ranked Finance App in the US & UK *** 'Debt Manager' has one aim - To help you GET OUT OF DEBT FAST! 5-Stars - "By Far, This is one of the best Money Apps that I have seen. Fantastic, Great Job" 5-Stars - "This app is worth every penny.. Great info and breakdown.. I am so looking forward to being debt free!!" 5-Stars - "This app is three things: Simple. Effective. Spot On." 5-Stars - "The details, features and thought that went into creating this app are endless." 5-Stars - "Super easy to use; choice of strategies to choose for to pay off debts. Most helpful app for paying down debt I've come across." Debt Manager helps you to organize, track and pay off all your debts in the cheapest and fastest possible way. It does this using the Debt Snowball method, which is recognised by leading financial advisors as the most effective way to pay off multiple debts. You will be amazed at how much time and money you could save by applying this simple strategy, and this app will show you how. So if you want to become debt free, get started now! *** Features *** -------------------- √ Simple and intuitive user interface - helps you see results quickly and clearly √ Hints and tips - don't worry, we will guide you through the process √ Summary shows your payoff progress - includes progress bar, your debt free date and your interest/time savings √ Choose from multiple pay off Strategies - Lowest Balance First - Highest Interest First - Highest Balance First - Custom Order √ An unlimited number of debts can be entered - each debt can be individually analysed - payments may be entered as a percentage of balance - support for introductory rates e.g. 0% for 6 months √ Monthly Payments may be recorded - either automatic or manual recording - allows you to keep track of your progress √ Backup & Restore - use popular Dropbox service for online storage - keep your data safe - manually sync between devices √ Choice of payment periods - handles monthly, weekly and fortnightly payments √ Extra Payments can be entered against each debt - helps pay off your debts even faster - can be entered Monthly, Yearly or as a One Off √ Transactions can be entered against each debt - allows you to take into account expenses/purchases - can be entered Monthly, Yearly or as a One Off - will increase the debt balance √ Try out various 'What-If' scenarios e.g. - a change in interest rate - increased monthly payments √ Export the debt details via Email - professionally formatted PDF or HTML - export individual debts or overall summary - includes full amortization schedules - charts are attached to the email export √ Interactive reports - easy visualisation of the debt breakdown - compare debts side by side - press, hold and slide to see the costs per month - pinch to zoom √ Set of Calculators are included to help you compute: - monthly payments - extra payments - payoff date - refinance benefits √ Notification of payments due - so you never forget to record a payment √ Passcode protection - keep your data safe √ Full manual is embedded within the app - has all the info you will ever need



  • Meets expectations

    By JPT in Wabtown
    I have been aware of programs like this (which calculate how to distribute $ to pay off debt in the least costly manor). The usability was very intuitive. I don't see how to customize the order in which you pay off the debts...but that is not something I care a great deal about. The results are non intuitive but indisputable and fun to obtain.
  • Sucko

    By Fohossh
    Terrible app!
  • The app is great, wish it had one more thing

    By godscreation
    I’ve used this for my snowball with great success. But I’ve downgraded it by one star because it lacks one feature that is VERY important to me: the ability to create and track multiple independent paydown plans. I have two kinds of debt: health-care related and non-health-care related. Because these are paid from different funding sources (HSA vs checking acct), they cannot be co-mingled. For example, if I payoff a hospital account with my HSA, the snowball should move to my physician’s account rather than a credit card account, because I cannot legally use those same HSA funds to payoff my credit card. If the app had the ability to track multiple paydown plans independently, then I would put all my health care debts in one plan (with its own snowball), and all my consumer credit debts in another plan (with its own snowball, maybe even a different strategy). Once it supports that, then I’ll update my review to add the final star.
  • Must have app to help you pay off debt

    By annac0321
    Easy to use- just add in all your debt and it automatically calculates what will be paid off first and then it rolls that payment into the next debt until everything is paid off. I like that I can look at the home screen and see all of my debt in one place and the day it will off be paid off. It’s motivation to keep at it.
  • Best snowball app available

    By jearms
    Runs well, and it’s very easy to navigate. If you are looking for a simple snowball app to give you some guidance or encouragement, then this is the app for you.
  • YO!

    By Chupirupo
    Cool app
  • Very Helpful

    By Lavanjava
    This app is excellent for managing debts and figuring out good strategies to get them down.
  • Handy

    By Ajbo1980
    Great tool
  • Great App

    By LMARN77
    The only thing I wish it could do would be to allow a change in a payment like one month and then go back to the regular payment the next. Nice to try a few scenarios to see what the best option is:
  • The best so far!

    By Vladstash
    The one I was looking for...