Need to Pay Down Credit Card Debt? Digit Has a New Feature Just for That
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If you’ve ever used the Digit app, you already know how awesome it is at helping you save money without feeling like you’ve sacrificed anything at all.
Now, it wants to use its money-saving powers to help you pay down your mountain of credit card debt faster than you thought you could with a new feature called Digit Pay.
If you’re already using Digit, you may not see Digit Pay right away; the company launched the addition Tuesday and will slowly roll it out to all of its users over the next few months.
According to a blog post announcing the new feature, people often use their Digit savings to pay down debt, so it only makes sense to allow us all to pay debt within the app.
If you enable Digit Pay, it will set aside a bit of cash to put toward your credit card debt. You should still make your normal monthly credit card payment. This feature just helps you pay down debt faster and saves you interest at the same time.
Once the feature is available in your app, Digit will still analyze your spending like it always has to help you save without feeling like you’re sacrificing.
If you’ve never used Digit, you can download it now. The app is free for the first 100 days. If you love it, you can keep it for $2.99 a month after that.
Desiree Stennett is a staff writer at The Penny Hoarder.