Buzz
Last year, Avant, an online lender, acquired ReadyForZero, a well-known debt management and tracking tool. Unfortunately, the platform was recently shut down, deactivating user accounts. If you're looking for a new way to manage your debt, here are some options.
ReadyForZero was a helpful tool, allowing users to visualize their debt repayment goals. It made it easy to see how much interest you were paying monthly, and as you paid down your debt, it showed your progress. Plus, it tracked your credit score. Fortunately, there are other apps that can offer similar features.
Student Loan Hero: If you have student loans, Student Loan Hero is a solid, free alternative. You simply input your financial details, receive a repayment plan, and the tool tracks your progress as you follow the plan.
Mint.com offers a Goals feature that lets you track any type of debt repayment, from loans to credit card balances. You input your debts and monthly budget, and it calculates when you'll be debt-free. It also tracks your progress over time. Additionally, Mint offers free credit monitoring.
LearnVest: If you're seeking a more personalized approach, LearnVest offers a paid service that connects you with a Certified Financial Planner. They help create a custom repayment plan based on your financial situation, setting a debt-free target date, and tracking progress through their app. If you're only interested in a financial review, you can use the app for free.
For those looking for simpler solutions, there are mobile apps to track your debt progress. Debt Free for iOS costs $0.99, allowing you to track multiple debts, view payment schedules, and use built-in debt calculators. Debt Payoff Planner ($0.99) is a comparable option for Android users.
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