BadPlastic is a very useful application that allows you to monitor and analyze your credit card debt. Tell BadPlastic about your cards: name them, enter last digits of their numbers as a reminder, choose currency.
File your statements as they arrive in post, or get them from your attic, in any order you like.
For each statement, enter the balance, card limit, payment amount, and percentage rate (monthly or annual).
NOTE: To buy BadPlastic via the AppStore an Apple account is required.
Here are some key features of "BadPlastic":
· Shows a zoomable timeline of statements, scaled according to card limit
· Approximates balances for missing statements so that the timeline appears contiguous
· Shows which card is the most expensive by estimating the annual percentage rate, so that you can snowball that card first
· Shows percentage of credit used, which may affect your credit score
· Estimates number of monthly payments left until the card is paid off, and the card's debt-free date
· Estimates debt-free date for all cards, giving you a worthy goal
Limitations:
· 30 days trial