What is Debt Free Strategy Tool?
Calculate the best strategy to pay off your credit cards and become debt-free faster. Compare Avalanche, Snowball, and Aggressive payment methods.
Problem
Users manually calculate credit card payoff strategies using spreadsheets, which is time-consuming and prone to errors and may not optimize repayment efficiency.
Solution
A web-based debt payoff calculator that lets users compare Avalanche, Snowball, and Aggressive repayment methods via algorithm-driven simulations to identify optimal strategies.
Customers
Individuals with credit card debt, especially those juggling multiple cards and seeking a structured plan to eliminate debt faster.
Unique Features
Algorithmic comparison of repayment methods with visual projections, customizable payment inputs, and scenario-based simulations.
User Comments
Simplifies debt payoff planning
Clarity on savings from different methods
Intuitive interface
Helps prioritize cards strategically
Free and easy to use
Traction
Launched in 2023 with 650+ upvotes on ProductHunt, features basic repayment simulations (v1.0), actively iterating based on feedback.
Market Size
The US credit card debt reached $1.13 trillion in Q3 2023, highlighting a large addressable market for debt management tools.
