If you’ve been putting off paying off those credit card debts because you just don’t know where to start, a free online tool now does all the heavy lifting for you.ReadyForZero ” lets you track credit card debt, explore options, and make and follow a plan to eliminate it.”
In functionality that is similar to that of Mint in terms of account aggregation, ReadyForZero allows you to link all of your credit card accounts so that you can see details like your rate, balance and due dates in once place. (You do not actually make payments to these credit cards through the site, it is merely for tracking purposes).
As you pay your cards off, the software sends you a monthly e-mail with your current status and payoff plan so you always know where you stand.
To keep you motivated (and possibly disgusted with what you’re paying in pointless interest), it also calculates what you’re paying each day in interest, and how many cards you’ve got to go before the slate is wiped clean.
It is important to note, of course, that like any budgeting or debt consolidation tool, if you’re not committed, it won’t get you too far. But if you’re ready, ReadyForZero might just be the tool to get you out of debt once and for all.