- Average user rating: stars out of 22 votes Back to product review
- My rating: 0 stars Write review
User reviews
-
5 stars
Version: Debt Reduction Calculator for Excel 1.2
"The Best snowball tool that I have found to date"
Pros: I like that I can customize the payoff schedule to see the difference that it makes on the interest paid. I am also able to enter extra money (on top of snowball amount) each month.
Cons: I wish there was a way to know what the CURRENT debt amount is so I can see if I am in sync with my money statements.
If someone is a technophobe, then they may be scared to use Excel.Summary: Great tool. Add the ability to see my starting debt and current debt. I want to be able to graph a "thermometer" going up (debt payments) or down (current debt) on a monthly basis and I would love it even more. That would give the visual kick to k... read more
-
5 stars
Version: Debt Reduction Calculator for Excel 1.2
"It is a keeper. Very effective."
Pros: Shows the different ways to pay off debt very well.
Cons: Can be confusing if you have never worked in Excell and/or financial data.
Summary: I used to work in a financial business and this does the job very well that we used to use purchased software to do. This is a very good product if you are serious about getting out of debt. read more
-
4 stars
Version: Debt Reduction Calculator for Excel 1.2
Pros: Great tool! Definitely keeps you motivated to stay on track. Oh yea there are two docs in here. One for a 10 bill scheme and one if you have from 10 to 20 bills to track.
Good stuff, get it.Cons: none at all
-
1 out of 1 people found this review helpful
4 stars
Version: Debt Reduction Calculator for Excel 1.2
"Does what it's supposed to do."
Pros: If you're interested in paying off debt this spreadsheet will give you a great view into how long that process might take with the resources you have available. It also will let you know the cost of debt using different payback methods.
Cons: haven't found any yet.
Summary: I like this product so I can minimize the cost of debt. Nobody want to pay the banks more than they have to. If the banks run short they can always cry to the federal government for more. Seems like there's a bottomless pit of cash there!! read more
-
1 out of 1 people found this review helpful
4 stars
Version: Debt Reduction Calculator for Excel 1.2
"Great tool for getting out of debt!"
Pros: Easy to use - printable payment schedule so you can see your progress. Great motivator!!
Cons: Need more columns to enter bills...currently only has 10. If anyone knows how to add more, please post here!
Submit your review
You must be 13 years of age or older to submit personal information to CNET Networks. In compliance with the Children's Online Privacy Protection Act of 1998, CNET Networks does not accept name and e-mail address information from users who are under 13 years of age.
All submitted ratings and written comments become the sole property of CNET Networks, Inc. (CNET) and may be used at CNET Networks' sole discretion. Ratings and written comments are generally posted within two to four business days in batch groups, not in real time. However, CNET Networks reserves the right to remove or refuse to post any submission for any reason. You acknowledge that you, not CNET Networks, are responsible for the contents of your submission.
CNET Networks is not responsible for the content of the publisher's descriptions or user reviews on this site. We encourage you to determine whether this product or your intended use is legal. We do not encourage or condone the use of any software in violation of applicable laws. CNET Download.com does not sell, resell, or license any of the products listed on the site. We cannot be held liable for issues that arise from the download or use of these products.
