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Shrink your Debt - Loan Calculator

iPhone / iPad
  • Business
  • Finance
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Are your finances spiraling out of control? Tackle your debt with the Debt Calculator from

The 'Shrink your Debt' app from compareit4me helps you make the most informed decision possible so that you can get your financial life back on track.

Are you about to buy a home, a car or a motorbike? Are you planning for a trip of a lifetime? If your finances don’t stretch to accommodate your plans at the moment, you probably consider taking out a loan.
“Shrink your debt - Loan Calculator” helps you find the best loan and negotiate conditions like a pro!

You don’t have to hire expensive debt experts: just enter your loan details and the app will show you the numbers.

“Shrink your debt - Loan Calculator” covers all kind of loans:
- Credit Card
- Car Loan
- Installment Plan / Hire Purchase
- Personal Loans
- other loan debt

- Easy to use! You don't have to be a financial expert to use the app. Just enter the loan details, and the app does the math for you.
- This calculator helps you find the best loan offer by instantly showing you the numbers
- The app shows you how long it will take you to pay off your credit card, hire purchase, car loan and other loan debt
- Calculates the total amount of interest you will pay
- Shows the age by when you are debt free
- Nudge payment: shows you what happens if you pay a little bit more. This premium feature helps you get out of debt earlier, and can save you a tremendous amount of money!

If you are feeling overwhelmed by your level of debt, or you are about to take out a loan, there are a few key steps that can help to alleviate the financial burden:

Credit Card Debt
With a swipe of the card, you can walk away with your purchase or have it delivered to your home. Plastic is very easy to use, and we tend to forget that credit cards have the highest interest rate!
Therefore you should consider to pay off credit card debts first.
This handy calculator shows you the numbers so you can avoid paying late fees and high interest rates.

Car Loan
Buying a car, a motorbike or a motor home is one of the biggest and most important purchases many of us will make, second only to buying a home. Use the loan calculator to find the best offer.

Personal Loan
Are you planning for a trip of a lifetime? Perhaps you have a very special occasion coming up, like a family wedding or a big anniversary or birthday, something you feel is too important to miss.
If your finances don't stretch to accommodate a holiday at the moment, you could consider taking out a personal loan to pay for some or all of that dream trip. “Shrink your debt - Loan Calculator” will come in handy also and act like a personal finance assistant.

Installment Plan / Hire Purchase
With an installment plan (hire purchase) you can take home and use a product while you pay it off over time. It can seem like an easy way to pay when you haven't got the money upfront - especially if it’s interest-free for a while. But it pays to find out the true cost before you sign up. Again, “Shrink your debt - Loan Calculator” can help you here, too.

What if …?
If you pay off the loan over a shorter period of time, the monthly payments may be higher but the interest over the life of the loan will be lower, so you'll pay less overall.
The app has a very useful feature, which shows you what happens if you pay a little bit more. Pay just a little bit more and you may save hundreds of thousands of dollars!

Get this app now and start a debt-free life!

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