Guides
The mechanism first, then the order. The app answers the question for your own figures.
Reading
No statistics and no worked examples that rest on invented figures. Anything that can be calculated, the app works out with your own figures.
- Klarna debt: getting the whole picture backOne instalment plan does not hurt. Seven plans across five shops with seven due dates hurt, because nothing adds them up.
- Paying off PayPal Pay in 4 and Pay Monthly earlyYou can pay off a PayPal Pay Monthly loan or a Pay in 4 plan early at any time without a fee or penalty, and the day you send the payment decides whether autopay runs as well.
- Buy now, pay later debt across providersPay later takes two clicks at checkout, and afterwards the open amounts sit with each provider separately, with nothing adding them up.
- Paying off an easyCredit loan or Ratenkauf earlyYou can repay an easyCredit loan or an easyCredit-Ratenkauf early, in part or in full, without an early repayment charge, but on the Ratenkauf an extra payment lowers the monthly instalment unless you ask for a shorter term.
- Paying off an OTTO Ratenzahlung earlyYou can pay an OTTO instalment plan off early, in part or in full, and OTTO Payments then sends you a new Ratenplan that shows what has changed.
- Paying off Consors Finanz early: loan, store financing and MastercardEvery Consors Finanz credit can be repaid early, and the route and the cost depend on whether you hold an instalment loan with a fixed term or a credit line attached to a Mastercard.
- Paying off a TARGOBANK loan earlyYou can repay a TARGOBANK instalment loan early at any time, in part or in full, and TARGOBANK charges no compensation on special payments of up to 50 percent of the current balance every 12 months.
- Paying off a Santander loan early in GermanyA Ratenkredit or car loan from Santander Consumer Bank in Germany, renamed Openbank in 2026, can be repaid early in part or in full at any time, and German law caps what the bank may charge for it.
- Barclays credit card in Germany: switching off Teilzahlung and paying in fullYou switch off Teilzahlung on a Barclays card yourself, in the easybank app or in online banking, by choosing the whole balance instead of a percentage under “Nächste Rückzahlung”.
- Advanzia Mastercard Gold: paying in full instead of TeilzahlungOn the fee-free Mastercard Gold from Advanzia Bank, the amount you pay each month decides whether the bill is settled or carries on as an interest-bearing Teilzahlung.
- Paying off consumer debt: which one goes firstThe order decides how much clearing your debt costs. It can only be set once every item sits on one list.
- Extra payments: paying off a loan soonerAn extra payment shortens the term while the monthly payment carries on unchanged. Most people expect the opposite.
- Clearing an arranged overdraft, and giving it an end dateA personal loan ends on a day written into the contract. For an arranged overdraft that day is nowhere, because it does not exist until you set it yourself.
- Credit card minimum payment: why the balance stallsOn a revolving card you can pay on time every month and still watch the balance sit almost where it was.
- Paying off a car loan early: what to settle firstA car loan looks like any instalment loan, but two things decide what early payoff costs: whether a balloon payment is waiting at the end, and the fact that a lender holds the title until the loan clears.
- Student loan payoff: one payment, several loansA student loan bill looks like one debt. Behind it sit several loans, taken out in different years at different rates, and an extra payment does not automatically go to the dearest one.
- Debt consolidation: when it helps and when it only delaysConsolidation is not debt reduction. It swaps one agreement for another, and whether that is a win is decided by the end date and the total interest, not by the monthly payment.
- Debt counselling: who provides it and what happensA recognised counselling centre costs you nothing and can negotiate with your creditors, which no app can do.
The app
The app answers the question with your own figures and keeps it in view: a countdown where you record payments and watch the date move. Everything stays on the phone, with no account and no bank connection.
This page explains how the arithmetic works. It is not legal or financial advice and it does not replace debt counselling.