Hi,

I just downloaded a copy of debt quencher and unfortunately found to
problems straight away..... These maybe UK specific.

1. My credit card does everything in Monthly Interest rates. This
needs to be compounded up to make it yearly - someone on the net says
multiplying by 13 give a good approximate answer. It would be easier
if the software had a pop down next to interest rate to select APR or
monthly?!?

2. My cards have two different rates of interest, 1 for purchases and
another for cash withdrawals. You pay a single amount and it get
allocated to the lower purchases interest rate first. When this is
gone they then allocate it to the cash value. It is not easy to get
round this with two entries because of the way the payment works.
Again this could be allowed for in the software. It is very common, I
think all uk cards work this way.

Any ideas?

Betty

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