What are loans and cards?
Mark MacLeod avatar
Written by Mark MacLeod
Updated over a week ago

Hey Coach helps you track the outstanding debt on your credit cards and loans. To add a new credit card or loan select ‘add another credit card or loan’. To update a credit card or loan select ‘edit’. To automate your credit card or loan updates select ‘connect accounts’ to securely link your credit card and loan accounts.

Your outstanding balance is what you currently owe on your credit card or loan. Your debt-free date is when you are likely to have paid off your loan or credit card. The debt-free date is calculated using the interest rate you are charged and your monthly repayments.

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