While credit cards can be a useful tool to have when used right, there are times when people end up going overboard with their expenditure and incur a lot of debt. Even if the amount you owe isn’t too overwhelming, it is important to map out your payment plan properly. There are several apps that help manage budgeting, finances, and credit card debts.

Some of the most popular apps used for credit card management are as follows:

1. Qoins
Like other spare change accounts, Qoins uses a similar concept, where it collects the spare money from payments and purchases and directs this money towards their credit card debt (or any other debt). The app does require a small monthly fee for it to continue working for you. This type of automatic payment of debts can seem risky at first, but it allows you to repay your loans more easily and efficiently.

2. Debt Payoff Assistant
This particular app allows users to pick a debt payment plan that is most suitable for them based on their budget and lifestyle. It also helps you keep track of your payments so that you are aware of how much more needs to be paid. Moreover, if you have multiple debts, this app allows you to either pick the snowball method, in which you repay your debts from smallest to largest. If you don’t like this method, you can also make a custom plan where you may pay the interest first or the largest loan first.

3. Mint
Mint is a popular budgeting app that is efficient and easy to use. When you are planning on repaying a large credit card loan, it is important to properly plan and manage your expenses and your income so that you aren’t left broke at the end of the month. There are several additional features in the app (both paid and free) that make the process of budgeting extremely easy. There are several categories of expenses, and you can also add custom categories based on your lifestyle and needs. You can also set alerts when you spend more than you are supposed to, which is excellent to stick to your budget.

4. Debt Manager
Debt Manager, true to its name, is a standard debt management app that tracks your repayment progress and creates bar graphs and charts to help you understand it quickly and efficiently. It also keeps track of how many more installments are needed to be paid, how long it would take to repay each debt, and the interest rate applied to each debt that you have. It specifically uses the snowball method of debt repayment and also gives tips and tricks to save more money based on your situation.