Debt Tracker is a personal debt management app designed to help users manage and track their financial obligations, whether personal loans, credit card balances, or money lent to others.
Features
Custom Categories for Debt
Allows users to categorize debts into various types such as personal loans, credit cards, and more, helping prioritize and manage payments effectively.
Interest Tracking
Enables users to add interest rates to debts, automatically updating the total amount due, keeping them aware of financial commitments.
Lend or Borrow Tracking
Facilitates tracking of money lent to or borrowed from others, helping maintain accountability as a lender or borrower.
Debt Summary
Provides a detailed overview of all debts, including amounts owed, interest rates, and due dates, enabling users to monitor their repayment progress.
Payment Tracking
Records payments made towards debts, showing the reduction in outstanding balances and motivating users to reduce their debt.