| Basic Concepts |
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| Written by kvan |
| Wednesday, 12 November 2008 13:04 |
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Plan - all your accounts are organized into a debt reduction "plan". You will create a plan initially to hold your accounts, and you can create other plans to excersize "what-if" scenarios. Account - an account represents a creditor you owe money too, for example, a credit card issuer, bank, or mortgage company. Loan - represents the actual debt. You may have several loans under the same account, although a single loan is most common. Schedule - DueMinder will build an payment schedule for you. You should view or print this monthly to know what amounts to pay for each account. Chart - DueMinder creates visual charts for you, to see how your debt declines over time. |
| Last Updated ( Wednesday, 12 November 2008 13:22 ) |