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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