DueMinder can help you eliminate all debt, including your mortgage, in 5 to 7 years.  Most can eliminate credit card debt in 2 to 3 years.  Here's how it works.  Once you enter your account information, establish a reasonable monthly commitment.  This is the amount you commit to pay each month to pay down debt.  Experts say you should try and free up 10% of your after-tax income to pay down your revolving debt such as credit card debt.  You could actually pay just the minimums, and the system will still work, though it will take longer.  With DueMinder, you can easily play with the commitment level, and immediately see the impact to your debt-free date.

After establishing your commitment, DueMinder determines what amount to pay to each account during the month, attempting to optimize the overall pay down of debt.  Optimizing the payments makes a dramatic difference in payoff time.  Generally, higher interest rate debt is paid off before low interest rate debt, and credit card and other unsecured debt is payed off before secured debt like car loans and mortages.  DueMinder's payment schedule color-codes the payments to show you exactly which accounts receive the most focus each month.  You'll be amazed at how quickly your debt melts away, and how much money you will save as a result.