in Planning Debt Reduction how can I get it to recognize bi-weekly credit card payments?

vmcallaw
vmcallaw Quicken Windows Subscription Member
edited September 24 in Budgeting and Planning Tools (Windows)

in Planning Debt Reduction how can I get it to recognize bi-weekly credit card payments?

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  • UKR
    UKR Quicken Windows Subscription SuperUser ✭✭✭✭✭

    When editing your plan, in Step 3, move the slider from the default position (minimum payment only) to the right to double the monthly payment amount. Does that give you something closer to your desired results?

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    If I may suggest, do pay off the credit card with the highest interest rate first, then work on paying off the others.
    A debt consolidation loan with your local bank or credit union at less than 10% interest might be advisable. You'll save a lot of money on interest payments.
    If you can manage to pay off all your credit cards every month, you'll save even more on interest you don't have to pay.

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