On specific payments.. always assuming the higher payment.
Kevin Mills
via web
I am using the program a little differently. I am using the app to help me with my current debt plus I am still using the cards. My payments include my current new charges plus the defined payment. So Card A one month will have a payment of 150. Next month it might have a payment of 100 since I did not pay so much. In the meantime it appears that that application expects the 150 payment all the time. My expected normal payment in this instance is 75 for the balance to be paid off in 3 years. What am I missing?
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Support Staff 2 Posted by Kevin Hoctor on 30 Jan, 2010 11:58 PM
Kevin: It's hard to pay down debt while you're still using the cards. Debt Quencher will always try to apply your Planned Payment. If you want to pay less than 150, reduce your planned amount.
Kevin Hoctor resolved this discussion on 01 Sep, 2010 01:18 PM.