This MacNews Category Review looks at debt elimination software for Mac OS X. Products covered include Debt Quencher, DebtBGone, Debtinator, DebtPayOff, iCash and MacLoanPro.
Debt Quencher
[url=http://nothirst.com/]Debt Quencher[/url] (shown) calculates how much interest you pay a year on your debts. Also, enter all your credit cards and Debt Quencher will instantly show you which balance you should pay down first.
DebtBGone
[url=http://www.silverstreaksoftware.com/]DebtBGone[/url] is a debt planning utility.
Debtinator
[url=http://www.bassetsoftware.com/osx/]Debtinator[/url] is a smart debt tracking application. Punch in your financial situation (income, expenses, debts), and it will track all unallocated money you have and re-assign it to pay off your debts in the order you specify.
DebtPayOff
[url=http://debtpayoff.sourceforge.net/]DebtPayOff[/url] is an application that will calculate how long it will take to pay off a credit card at a given interest rate and payment amount, and how much of what is paid will go toward interest.
iCash
[url=http://www.maxprog.com/]iCash[/url] is multi-purpose software intended to control your personal finances, keeping track of incomes, expenses, credits, debts and bank transactions for you. It can serve several small accounting needs for either private users, or clubs, associations, self-employed, small businesses or simply to be used at home.
MacLoanPro
[url=http://yurka.net/products/loanpro.html]Mac LoanPro[/url] from Real Mac Solutions offers a set of financial tools to help you with many fixed and adjustable rate loan calculations. In its Custom Schedule window, you could create custom schedules for variable interest rates and extra payments in any month. You can enter repeating extra payments with a Repeat Entry option. LoanPro also compares up to three loan scenarios for total costs, calculates your maximum borrowing power, and estimates the interest saved by early payoff. Unfortunately, it's for the "Classic" version of the Mac operating system and isn't Mac OS X compatible.
