Berlin, Germany – Leakka today is proud to announce the release of “Shrink Your Debt – Loan Calculator” for iOS. If you are feeling overwhelmed by your level of debt, this app will be of great help. “Shrink Your Debt – Loan Calculator” helps you make the most informed decision possible so that you can get your financial life back on track. You are just about to take out a loan? Are you about to buy a home, a car or a motorbike? Are you planning for a trip of a lifetime? If your finances don’t stretch to accommodate your plans at the moment, you probably consider taking out a loan. “Shrink your Debt – Loan Calculator” helps you find the best loan and negotiate conditions like a pro. You don’t have to hire expensive debt experts: just enter your loan details and the app will show you the numbers.

Shrink your Debt – Loan Calculator supports all kind of loans:
* Credit Card
* Car Loan
* Installment Plan / Hire Purchase
* Personal Loans
* Other loan debt

This intelligent and easy-to-use calculator shows the total amount of interest you will pay, and your age by when you pay your debt. You can play around with rates, terms, interest free periods, startup fees, deferred payment periods, and the app does the math for you. Additionally, the app has a very useful feature, which shows you what happens if you pay more. Pay just a few more bucks(*) and in case of long term loans you may save thousands of dollars!

* If you pay off the loan over a shorter period of time, the monthly payments may be higher but the interest over the life of the loan will be lower, so you’ll pay less overall.

So if your finances are spiraling out of control, or you cannot decide which loan to chose, this app is for you. “Shrink your Debt – Loan Calculator” is definitely going to help you to improve your financial position, and keep more cash in your wallet.

Device Requirements:
* Compatible with iPhone, iPad, or iPod touch
* Requires iOS 7.0 or later
* 1.1 MB

Pricing and Availability:
Shrink your Debt – Loan Calculator 1.0 is $1.99 USD (or equivalent amount in other currencies) and available worldwide exclusively through the App Store in the Business category.

Shrink your debt – Loan Calculator 1.0
Screenshot (Supported Loan Types)
Screenshot (Credit debt details)
Screenshot (Useful Nudge Payment Option)
Screenshot (Car Loan Details)

Based in Berlin, Germany, the Leakka team is an independent software company founded by Karoly Nyisztor. With their strong blend of design and development skills, Leakka’s passion is to craft quality applications for the iPhone. Copyright (C) 2009-2014 Leakka. All Rights Reserved. Apple, the Apple logo, iPhone, iPod, and iPad are registered trademarks of Apple Inc. in the U.S. and/or other countries.

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