Friday, August 10, 2018

Use The Digit App To Pay Down Credit Card Debt

MoneyTips

Are you having trouble saving money while simultaneously dealing with excessive credit card debt? Mobile savings apps such as Digit and Qapital can help you establish an automatic saving routine – but Digit has introduced a new Digit Pay feature to assist with paying down credit card debt while you save.

According to the company, approximately 75% of Digit's customer base carries credit card debt. It's likely that a significant number of those customers only make minimum payments on their cards each month. Repayment times and interest charges grow quickly when you are only making minimum payments – and it only gets worse if you continue to rack up new charges each month.

Digit Pay assists by allowing you to set a credit card debt goal to chip away at your debt. The Digit app analyzes your spending and income patterns, determines how much you can affo...



from MoneyTips https://www.moneytips.com/use-the-digit-app-to-pay-down-credit-card-debt

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