CashControl for Debt Payoff
Track every loan. Plan every payment. See your debt-free date.
The Debt Payoff Challenge
Multiple debts, no clear overview
Credit cards, student loans, personal loans, family debts — each with different amounts, rates, and due dates. It's overwhelming without a central view.
No progress visibility
When you're paying off debt across multiple sources, it's hard to feel progress. You need to see how far you've come and how far there is to go.
Missing payments hurts progress
One missed payment can mean fees, interest charges, and setbacks. Without reminders and tracking, it's easy to slip.
How CashControl Helps You Get Debt-Free
Loan tracking with payment history
Track every loan — personal, student, family, credit card — with full payment history. See outstanding balances and progress at a glance.
Piggybanks for payoff goals
Create piggybanks to save for extra payments. Visualize your progress toward payoff goals and stay motivated.
Bill management with reminders
Never miss a payment. Set up recurring bills with reminders, variable amounts, and skip support for every debt payment.
Financial forecasting
Project your finances forward and see when you'll be debt-free based on your current payment plan. Adjust and optimize.
Budget tracking
Set budgets per category to free up money for debt payments. Track spending against budgets and identify areas to cut back.
Power User Feature
Loan Tracking with Forecasting
CashControl's loan tracking combined with financial forecasting lets you model different payoff scenarios. See how making extra payments accelerates your debt-free date, or how your current plan plays out over the coming months.
Getting debt-free with CashControl
Maria has a car loan, a credit card balance, and owes her parents for a move. She adds all three as loans in CashControl, sets up monthly payment reminders, and creates a "Debt Freedom" piggybank for extra payments. The forecast shows she'll be credit-card-free in 8 months at her current rate. She cuts back on dining out (the AI report flagged it as her top discretionary category) and funnels the savings into extra payments. Six months later, the credit card is paid off.