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
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
Yes. Go to the Debt Details page for the debt account and uncheck the box labeled Include in payoff plan?. When you go to the Debt List page, you'll notice that the account will be labeled excluded. You can also go to the Account List page and click on the button in the Status column....read more
The amount shown in blue text on the Debt Snowball Table page is the amount that has been paid on the debt in the current billing month. In the example below, the $459 payment on the auto loan is the full amount that was scheduled to paid, therefore there is nothing more that needs to be paid on tha...read more
The scheduled amount shown is just the recommended amount to stay on schedule. Of course you want to be paying at least the minimum, but there are times when you need to pay below the amount. If you need to make a lower payment, just record the payment like normal. If the amount is above the minimu...read more
This is by design. The loan will show up on the snowball table for the remainder of the month. Once the next month comes around, the account will fall off of the list. This keeps the payoff plan accurate for the current month. Use the "next month" button on the snowball table to see what the plan lo...read more
You can create as many partial monthly payments as you want. The payment amount Undebt.it suggests is a plan, not a rule. Log what you actually paid and the site works from there. Logging a partial payment Open the Dashboard (or the Debt Details page for the account). In the payment manager, th...read more
No. You can add as many debt accounts as you have, and that has been true of the free version since the site launched in 2012. What is unlimited Debt accounts: credit cards, loans, medical bills, anything with a balance and a payment. Add as many as you need. Payment history: every payment and ...read more
How you print your payoff plan depends on where the plan lives: on one of the free calculators, in your Undebt.it account, or on paper from the start. From the free calculators The debt snowball calculator and the debt avalanche calculator are set up for printing. After you enter your debts: If the...read more
Nothing you record is permanent. A payment logged twice, typed with the wrong amount, or added by an accidental tap on Quick Pay can be removed in a few seconds, and the plan repairs itself. Deleting it Open the debt from your Account List to reach its Debt Details page. Open the Transactions t...read more