Free debt reduction software

Recently, I came across some FREE debt reduction software which enables you to get to grips with all your debts and shows you the best way to pay them off.

When you want to take control of your finances and you've got debts to pay off, you don't want to spend money getting out of debt. It's just doesn't make sense, in fact, it almost seems unfair!

With this free debt reduction software, you don't have to shell out anything and for something that's free, this is great. I was really impressed with this particular software as it shows you all you need to know including:

• A calculator tool to work out your total debt and choose the more effective method for paying it off
• A payment schedule so you can see how long it will take you to pay off your debt
• A chart to visualise the debt reduction and motivate you!

There are also tools to work out who to pay off first and how that will affect your overall payment or monthly payment. It also clearly explains the different strategies you can take on to pay off your debt on your own terms.

The most frightening thing about calculating your debt is the end figure, but with this free software, you can take control and decide how and when you want to pay your debt. It's perfect for debt management and best of all, it's free.

This particular software comes from Vertex42.com, a website dedicated to all things Microsoft Excel. It's a reputable company and the download is safe.

Just a word of warning about other downloads for free software: only download the software if you know who it's coming from and they're a trusted source.

There are other debt reduction software downloads out there that you don't have to pay for, but be careful as often they just want your email address for purposes of spam. Nobody wants that, so check the product reviews of your chosen software before downloading or purchasing it.

Read reviews from CNET of Vertex42.com's free debt reduction software for Excel