The Debt Dog is the best and ultimate credit card payoff calculator. Why would you purchase something on credit without knowing exactly what is will cost you in terms of indentured service to the big banks? With a simple to use screen, you just enter your purchase price and the calculator does the rest.
New revisions include different screen background colors. If you’d like to pay off an account early there is an option now for that. Add a down payment is now available as well. Debt Dog, the credit card payoff calculator the banks don’t want you to have.
Author: Robin Williams
A credit card payment calculator is the tool to calculate the amount of cash that you can save from the monthly payments on credit card bills. This is designed for those who have to deal with credit card debt consolidation. A credit card debt consolidation is the merger of all the outstanding credit card bills into one single account. By doing this you can considerably reduce the amount of debt which needs to pay in a month.
Once the outstanding balances are consolidated into one credit card account, you will be given a much lower monthly interest rate. This in a way will reduce your gross monthly payments. Normally, accessibility of a credit card payment calculator would be included among the services provided by most of credit card debt management companies. This is a very helpful tool with which you would be able to find out how much you should have to pay after the consolidation of all your credit card bills.
A credit card payment calculator is a smart web tool which will be in most major debt management websites. With the help of calculator tool, you would be able to assess the income structure, an overview of the gross outstanding debt, and, most essentially, an idea of how much monthly installments you would have to pay after consolidation of a debt. This figure will help you in comparing different debt management programs available and to find out which one is best in your case.
So when you do an online search for a debt management agency, it is also important to look whether it has a credit card payment calculator attached to its website. This tool not only helps you in calculating your monthly installments, it is also gives an indication that a particular agency provides with information about their expertise in negotiation of debt and ways they can improve your financial status of clients. Apart from all these, with an available credit that you have the credit card payment calculator, you can get a helicopter view about the time period it will take make you totally debt-free.
If you think you’re having trouble figuring out a credit card debt calculator, it’s no wonder. Calculating your monthly bill is not supposed to be easy. The card companies didn’t make billions of dollars each year because they want you to realize how much you are paying on interest and how much toward the principal. These guys suck and they have been hosing the public for decades and Congress has let them get away with it. Even now, with new regulations, they will find the loopholes.
Wouldn’t it be better to know how much your credit purchases cost before you buy? If you had the Debt Dog loaded on your mobile phone as an app, you could have all this information at your fingertips. Then you would have a fighting chance. It doesn’t do that much good to wait for the statement which is now (legally) required to inform you that minimum payments will enslave you to a lifetime of misery.
Get the facts on debt beforehand and have the figures in mind before you make an emotional decision to go out and to charge something.
New Debt Management Tools
Can credit card lenders be any worse? Does the government really have to step in and protect consumers because these big banking institutions have been reaming people for years? Apparently so. ZWhere else can you jack up interest rates just because you want to? In what business is it morally responsible to be stepped on by watchdog agencies because your company has been pillaging the public for years? God, credit card companies suck.
In 2007, the top twelve credit card issuers earned a combined income of 19 billion dollars from credit cards. The following year, according to the Nilson Report, their income fell to 6.3 billion dollars. Over a 65% decline in profits. In 2009 banks wrote off about $35 billion in bad credit card debt. Of course, these default rates will remain high as long as unemployment rates continue to climb, but the bigger question remains: isn’t it about time?
Don’t think the banks haven’t taken notice. They’ve been working furiously behind the scenes propping up their infrastructure, preparing for the next gouging. Expect to start paying annual fees once again. Citigroup customers will be in the $60 range pretty soon. Look for processing fees for paper transactions and how about the new inactivity fee Ann Taylor and Victoria Secret will be implementing? Take a look at the balance transfer fee which have gone from 3% to 5%.
This all spells “less money in your pocket” time, as banks go after new avenues to gouge you.
There isn’t a better occupation than being a dad and taking on the responsibility of teaching kids about debt. Especially credit card debt. I don’t know where they’ll learn about money if not at home. Even smart, college grads are having problems understanding the damage they’re doing by using credit cards as a lifestyle. If your kids-or you , are struggling with these issues read more about credit card forgiveness and learn to settle with the lenders..
Mobile phone apps have gone from being a pain in the, well, neck, to something that actually makes life easier. I was at the recent MacWorld show in San Francisco to check out the newest products associated with the Macintosh computer I just bought. Since I decided to go all the way Mac, I also got an iPhone, though wouldn’t give a nickel for the ATT service.
Though small, the app section had a lot to offer. Apps really get no respect, but they’re all I can afford after crossing over from a PC. Several of the free ones have ads embedded in them, so if you can swing the paid version, do it. Here’s the best of what I found to make life easier for everybody.
Yelp. This app is amazing and within seconds of loading it, I was able to connect with local watering holes in the San Francisco neighborhood. Of course it lists restaurants and their reviews wherever you live or are traveling. Free app, which is always good.
Debt-Dog. Credit card debt finally gets an opponent. This handy app figures your minimum payments and how much a credit card purchase will cost you. Easy and no math skills needed. It has the sound of toilets flushing signifying money down the drain. Finally an app I can load on my wife’s phone that makes sense. A must have app for everyone.
Bump. Let’s two iPhone’s bump together in order to sync pictures, date and other information. Leave the wires in the drawer as you literally bump phones to exchange information. Very cool and another must have app.
Dictionary.com This is a no brainer. Free and it also has a thesaurus which is fast and handy. I love the voice capabilities sounding out the word for us that are having problems with vowel sounds.
Motion X GPS. This very cool navigation app is the best of the least expensive Nav apps out there. You will have to add voice support after 30 days but it’s only like $25. I like the ‘”take me home” feature.
Dragon Dictation. Speak your email messages into the phone and get the message transcribed into text which can be emailed or sent SMS. A cool and effective way to manage messaging if you have those sausage fingers.
Perfect Browser. Safari sucks on the iPhone and Perfect Browser is, well perfect. It loads fast-real fast, and is very easy to work with. Though not free it is worth it to have something that works and works quickly.
These are all available on iTunes in the apps store.
Any other mobile phone apps you run across, hit me up.
How much money do you throw away each month trying to keep your credit scores up? Read this article and think again how you look at your credit report.
I originally made this mobile phone app for my kids because for some reason this generation of kids has no idea about how money works. To them, money is always available and easy to get whether it’s from credit or from someone else. If you ask them about the Great Depression, it’s something they may have read about once in school, but it’s as foreign and as far away as World War 1.
When the phone application worked so well, I figured everybody could really use it. It’s fun, easy to use and serves a real purpose. I hope it also saves people from plunging into credit card debt because digging out of that form of slavery is a tough road. Enjoy and let me know how the app can be improved.