ICFSME Mobile vs DebtAway

The ICF-SME application provides financial services to small and micro-entrepreneurs, enabling them to increase their income and improve their living standards. Key Features of the Application: Track the status of loan applications. View details of the current loan (amount repaid, remaining balance, overdue payments, due dates, etc.). Request account statements. Apply for early settlement of loans. Access details of previous loans from the Iraqi Company for Financing. Browse the company’s products with the option to apply for a loan based on the suitable product. Use the loan calculator to view detailed repayment plans. Receive notifications (announcements or payment due dates). Locate the company’s branches.

DebtAway is a debt manager: every loan and instalment plan in one place, and every extra payment shows you how much sooner you are debt free. For each debt you enter the balance, the interest rate and the monthly payment, whether it is a personal loan, a car loan, a student loan, a credit card or a buy now, pay later plan. The app works out how many months are left and the day the debt is paid off. The pad on the first screen is the debt: one sheet per month, and every payment takes sheets off. Pay more than the instalment and you see first how many days you bought yourself, then the interest saved. On the payoff schedule a band shows which part of each payment goes to interest and which part lowers the balance. Everything stays on the device. No account, no server, no bank connection, no advertising, no subscription. Free: two debts, the time left and the payoff date, extra payments, the payment history, the interest band on the payoff schedule, light and dark. DebtAway Pro, bought once: unlimited debts, the interest saved in your own currency, the full payoff schedule, a backup as a file, a home screen widget. If the payment does not cover the monthly interest, the app says so instead of inventing a date. The figures in the screenshots are sample data.