(1) APR Calculator Tool |
The APR Calculator helps to determine the APR or Annual Percentage Rate which reflects the annual cost of taking out a loan or a credit card. Knowing APR is important before taking a loan, as it helps to find out how costly the loan is. This tool would increase the interactivity of your blog or website.
Features and benefits
- Helps your visitors calculate APR of different loan accounts easily.
- One can determine whether or not the lender has quoted the APR correctly.
- Eliminates bulky calculations.
- Helps your visitors understand which loan has the minimum APR, before applying for one.
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(2) Debt-Income Ratio Calculator Tool |
This is a customized calculator developed for consumers to compute the Debt to Income (DTI) Ratio. Checking DTI Ratio is important as it shows whether or not the debt amount is going beyond control. DTI Ratio Calculator would make your blog or website more user-friendly.
Features and benefits
- DTI ratio is the key indicator of the debt level of an individual.
- Visitors like this tool as it eliminates tedious calculations.
- Let your visitors know their DTI ratio within a minute.
- Through this tool, anyone can determine whether or not the total debt amount may go beyond control in future.
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(3) Credit Card Payment Calculator Tool |
This is a user-friendly calculator that determines how long it can take to pay off credit card debt. It also provides an amortization schedule which shows how much you need to pay on the principal and interest every month.
Features and benefits
- Eliminates bulky calculations.
- Displays monthly payment schedule on your card.
- Shows how the principal goes down with time.
- Calculates the total interest payable on the card.
- Shows the time required to get debt free.
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(4) Unsecured Loan Calculator Tool |
This tool is specifically developed for unsecured debtors to calculate the total amount of money owed to different creditors.
Features and benefits
- Calculates the total amount of debt
- It's simple and easy-to-use
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(5) Debt Reduction Calculator Tool |
Debt Reduction Calculator determines the amount one needs to pay off after the outstanding debt amount is reduced. The tool also shows how much one can save by debt reduction.
Features and benefits
- Calculates how much debt is to be paid after reduction.
- Shows how much one can save by debt reduction.
- Helps debtors decide if they should negotiate a reduction.
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(6) Debt Consolidation & Payment Calculators Tool |
This tool includes 3 calculators - Debt Consolidation Calculator, Debt Payment Calculator and Debt Repayment calculator.
Features and benefits
- 1. Determines how much to save by consolidation.
- 2. Calculates how to pay monthly to clear debts.
- 3. Determines how long it'll take to get out of debt..
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