App Profile: Snowball - Pay Off Any Debt

** Pay off your debt with Spare Change **
Snowball connects to over 3,000 lenders and works for almost any type of debt. Whether you want to pay off a credit card, mortgage, student loan or auto loan, Snowball makes it fast and easy. Our user generate an average of $45 in Spare Change every month…you’d be surprised at how much of an impact a little spare change could have on your Debt.

** Estimate your Savings **
How much will Snowball save you? Check out the in-app Savings Estimator to see if Snowball is right for you. Enter one or all of your debt balances and Snowball will calculate which to pay off first and where to apply your Spare Change to maximize your savings.

** Start Saving **
Setup is simple and takes less than 3 minutes. Connect a Checking Account to Snowball with Instant Account Verification. From that point on, your Spare Change will be calculated on every purchase by rounding the transaction cost to the nearest dollar. Each time your Spare Change amount reaches $5.00, you are given the option to Contribute this Spare Change amount to your debt.

** You’re in Complete Control **
* Manually or Auto-Approve your Spare Change Contributions
* Set a Maximum Amount of Spare Change each month
* Make Additional Contributions

** Paying Your Creditor **
Snowball initiates Spare Change payments to your creditor twice per month. Spare Change that has cleared your checking account on the 1st through the 15th of each month will be initiated on the 17th, Spare Change that has cleared your checking account on the 16th through the last day of the month will be initiated on the 3rd of the following month. A majority of payments are sent electronically, but some creditors require checks.

Our mission is to help every Snowball user achieve a debt free lifestyle, while saving thousands of dollars in interest without impacting your monthly budget.