The debt snowball amount is not something you can change directly; it's a calculated amount. The snowball amount is the difference between your total budget amount minus the sum of your minimum payments. For example, if your total budget is $1,000 and the you have 2 credit cards with a $200 payment ...read more
It sounds like you either have your monthly budget set too high *or* you are joining mid way through a billing cycle and you have already paid some of your debt accounts for the month. Undebt.it will try and use all of your budget each month to pay down debt and if you have just created an account, ...read more
Go to the My Account page and select Debt Blaster from the debt payoff method list. Next, decide on if you would like to increase your budget by a percentage amount or a fixed amount. Your monthly budget will be automatically adjusted on the first day of every month. You can see your payoff plan on ...read more
For Undebt.it to work correctly, you need to be able to at least pay the minimum amounts due on all of your accounts. Let's say you have a monthly budget of $1,000 and the total minimum payments due on your debt accounts is $900. Then you decide to add another debt account that has a $150 monthly pa...read more
Sure. What you would need to do is go to the Additional Payments (debt snowflake) page and create a snowflake with the negative amount for the month you need to skip. For example, if your current snowball amount is $250 but you know you won't be able to pay anything extra next month; create a snowfl...read more
New members sometimes add rent, the phone bill or a paycheck as a debt account, and the plan comes out strange. Here is where each thing goes. Debts: a balance you are paying down A debt account is anything that has a balance, a payment and, usually, an interest rate. Add these on the Account List...read more