Debt/ Credit Card App That can Do The Following

Discussion in 'iOS Apps' started by SmilingBoy, Sep 9, 2010.

  1. SmilingBoy

    SmilingBoy Member

    Nov 29, 2009
    I hope someone may know of an app that can do what I'd like it to do. For the last 3 days I've spent wasted money on apps that couldn't achieve what I'd hope.

    Here We Go:
    I'm looking for a financial (debt) app with snowball effect functions but can also factor in extra purchases and alter interest rate.

    For Example:
    Debt: Visa
    Amount Owed: 1000.00
    Interest Rate: 11%
    Min Payment: 54.00

    Month 01 entry:
    Payment: 100.00

    Month 02 entry;
    Payment 150.00

    Month 03 entry:
    Bank changes interest rate to 11.15%
    Payment: 75.00

    Month 04 entry:
    Payment: 100.00
    Purchases: 300.00

    Does this make sense? I'm thinking of the "what if" examples. What if the bank changes the interest rate (mine has in the past) and what if, for whatever reason, a person has to add to the debt they're trying to pay down.

    If anyone knows of an app or even another website that I can post this to I'd be much appreciated.

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