Stop Manually Adjusting Account Balances<\/h2>\n
Undebt.it can finally sync with your bank! Manually tweaking the account balances and adding transactions by hand is now a thing of the past. SimpleFIN sync removes that chore. Connect your bank through SimpleFIN Bridge and Undebt.it+ pulls your current balances (and optionally, transactions) every night, then recalculates your snowball or avalanche plan so the debt-free date you see is built on real numbers.<\/p>\n
You do not have to use a budgeting app to get there. The YNAB integration has done this for YNAB users since 2018; SimpleFIN brings the same automatic updates to anyone with a bank account, and it works with a wide range of banks, credit unions and card issuers.<\/p>\n
SimpleFIN sync is new and is rolling out to Undebt.it+ members<\/a> now. Log into your Undebt.it account and go to the SimpleFIN Sync page (it’s located in the My Account<\/em> link section).<\/p>\n Start on the SimpleFIN side. Click on the Open SimpleFIN Bridge button and use your e-mail address to log into your SimpleFIN Bridge account. Logging in and creating an account use the same e-mail process. Note that the e-mail address you use for SimpleFIN does not have to match your Undebt.it account. Once again, Undebt.it will not have access to any of your account login information at any time.<\/p>\n The next step is to connect your banking institutions. Click on the New Connection button and you can search for your bank. Repeat the process for each bank or credit card. In the example below, I have two different connections setup. This is also the area where you can delete your banking connections if needed.<\/p>\n Now that you have connections set up, the next step is to create an app connection. This is what is used to let Undebt.it communicate with SimpleFIN. Click the new app connection button and give it a meaningful name, “Undebt.it” will work just fine.<\/p>\n The final step on the SimpleFIN side is to create a setup token. Click the Create Setup Token button and a new token will be generated. Use the copy to clipboard link. A setup token is a long string of characters that can be claimed exactly once, by one app; think of it as a single-use key rather than a password. Keep this tab open until the Undebt.it setup is completed.<\/p>\n Back on the Undebt.it side, you will want to paste the token into the box and then hit the Connect button. Once the connection is complete, the setup token itself is spent and cannot be reused by anyone<\/p>\n If everything goes well, you’ll get a notice that the link setup was successful and you can begin the mapping process.<\/p>\n The mapping process is pretty straightforward. If you have used the YNAB mapping page, then this will be familiar. Once connected, you will see a list of every account SimpleFIN found, along with its current balance as reported by your bank. For each one you have three choices:<\/p>\n Debts that are already linked to YNAB are shown but cannot be selected. A debt can only have one source of truth, and the same rule applies in the other direction on the YNAB Sync page.<\/p>\n When you are done, click the save button and your mapped balances update right away. You don’t have to do all of the mappings at once; you can come back to this page and map an account or two whenever you like. To stop syncing a single debt later, set its row back to ignore and save again.<\/p>\n Important:<\/strong> Go into the debt details for each new account and set up the interest rate, due date and minimum payment amount. This information is not part of the syncing process, so you need to manually adjust the accounts.<\/p>\n Balance sync is on for every mapped account. Transaction import is a separate, per-account choice: each mapped row has an Import transactions switch. Turn it on and the nightly sync also brings over the payments you made and the charges you added on that account, recorded on the debt the same way the YNAB import records them. The first run backfills roughly the last 90 days; after that, each night picks up whatever is new, corrects anything your bank amended and removes anything it reversed.<\/p>\n If you already record payments on that debt another way, leave the switch off or turn the other method off. It’s important to use just one method for each debt account<\/span>:<\/p>\n Running the import alongside autopay on the same debt would record every payment twice, so the page warns you when both are on.<\/p>\n Your accounts sync automatically once a night, so there is no action required on your part. Undebt.it makes a single request to SimpleFIN per member per night, updates every mapped balance, imports any new transactions on accounts that have the switch on, then recalculates your payoff plan. If you want to confirm it is working, open the SimpleFIN Sync page and check the last-synced time shown for the connection.<\/p>\n If you have been using the YNAB integration and want to switch a debt over, unlink it from YNAB first, then map it on the SimpleFIN Sync page. Your history is safe: when the first SimpleFIN import runs, it recognizes the payments that YNAB already brought over and adopts them instead of adding a second copy. Payments you entered by hand are never touched.<\/p>\n To stop syncing one debt, set its row to ignore and save. To stop everything, click the disconnect button on the SimpleFIN Sync page and Undebt.it drops its stored access to your bank data. Nothing happens to your debts or their transactions either way. You can also revoke Undebt.it from inside your SimpleFIN account, which has the same effect from the other side.<\/p>\nWhat the Sync Does for You<\/h2>\n
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Here’s What You Need to Make This Work<\/h2>\n
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Getting Started with the Integration & Syncing<\/h2>\n
SimpleFIN Setup<\/h3>\n
![\"Create](\"https:\/\/undebt.it\/assets\/img\/product-pages\/simplefin\/simplefin-sign-in-create-account.webp\")
<\/p>\n![\"SimpleFIN](\"https:\/\/undebt.it\/assets\/img\/product-pages\/simplefin\/simplefin-connections.webp\")
<\/p>\n![\"SimpleFIN](\"https:\/\/undebt.it\/assets\/img\/product-pages\/simplefin\/simplefin-new-application.webp\")
<\/p>\n![\"SimpleFIN](\"https:\/\/undebt.it\/assets\/img\/product-pages\/simplefin\/simplefin-new-token.webp\")
<\/p>\nUndebt.it Setup<\/h3>\n
![\"connect](\"https:\/\/undebt.it\/assets\/img\/product-pages\/simplefin\/simplefin-connect-token.webp\")
<\/p>\n![\"success\"](\"https:\/\/undebt.it\/assets\/img\/product-pages\/simplefin\/simplefin-success.webp\")
<\/p>\nMapping Your Accounts<\/h2>\n
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![\"SimpleFIN](\"https:\/\/undebt.it\/assets\/img\/product-pages\/simplefin\/simplefin-account-mapping.webp\")
<\/p>\nSyncing & Linking Information<\/h2>\n
Importing Transactions<\/h3>\n
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Syncing Information<\/h3>\n
Moving From YNAB to SimpleFIN<\/h3>\n
Disconnecting<\/h3>\n
More Information<\/h3>\n
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