Debt Payoff Assistant

Helps to payoff all debts using the popular Debt-snowball method. Using this approach, you would pay the minimum payments on all your debts until your first debt is payoff. Then you would use the extra payment from the paid off debt and apply it to the next debt. The amount of extra payment will grow as more debts are payoff which results in a "snowball" affect that will help you to payoff subsequent debts faster and increasing your confidence in the process.

Grade: 9-12
Category: Teachers
Subjects: Personal Finance