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By Eddie V. — Published May 30, 2018
Try as hard as you can, but sometimes your spending can get a bit out of hand. If you often find yourself spending more than you would like then perhaps it’s time to get yourself an app to help manage your credit. There are a number of apps that have been developed to help you keep track of your credit in different ways.
Some apps are a full package that tracks your bank balance, your spending, debt, credit score, etc., while others help you keep track of bill payments or reward points earned. We have put together a list of the best credit tracking apps to help you find one that meets your needs best.
The five best apps to manage credit
Mint.com: Mint.com is definitely the whole deal when it comes to a credit managing app. The app available for iOS, Android, and Windows can be linked to your bank accounts and your credit cards. The app gives you a very clear picture of your bank balance as well as your spending. Mint.com also gives you your credit score and breaks up your spending into categories. The app can tell you in which category you spend the most and also help you to budget better. Cash payments can be manually entered into the app to be kept track of as well. Mint.com is free to download and use.
BillGuard: BillGuard is also free to use and is available for iOS and Android phones. BillGuard works very similarly to Mint.com and helps you track your monthly spending. The additional feature of BillGuard is that it lets you keep track of every credit card transaction and see if it was genuine or fraudulent. If you do notice a fraudulent transaction on your card, you can use the app to report it, contact the merchant or follow up later. BillGuard also breaks down your spending into categories so you can see in which areas you spend the most. The News Center keeps you informed about security breaches.
Credit Karma Mobile: Credit Karma Mobile is a free app that can be downloaded onto iOS, Android, and Windows. The main features of the app include credit monitoring, credit score calculating and credit report. The app keeps you informed on how your spending affects your credit score and what can be done to improve it. The credit score, however, is not a FICO score but based on TransUnion credit report.
Credit Sesame: Similar to Credit Karma Mobile, Credit Sesame also keeps track of your credit score, credit report and monitors your spending. The app helps keep a check on your debt and gives you the complete summary of your monthly debt payments. Once again the credit score is not a FICO score. Credit Sesame is free to use and is available on iOS, Android, and Windows.
You Need a Budget: You Need a Budget app is available on iOS and Android. The app works by calculating your savings based on your monthly income versus your expenses. This is one of the easiest apps to use to keep track of your credit, but it does cost $60 for the saving tool plus another $5 for the mobile app.
Based on our recommendation for the top five apps for managing your credit you can now choose an app that suits you the best. Keeping track of your spending versus your income is one of the best ways to help you save money and improve your credit. There are many other apps available with features like bill payment reminders and even those that you can use to pay your bills, all you need to do is decide is what aspect of your credit you need to manage the most.