Pitch for Pocket Interest Rate

Company / App Name: Pocket Interest Rate

http://mobiletechtracker.co.uk/apps/pocket_interest_rate.html

What does it do?

This free app is a collection of 6 powerful tools which calculate everything involving interest rates, ranging from time it would take to fully repay a credit card debt to an amount accumulated in a savings account over time.

Why do we need it?

The app uses complex formulas to quickly calculate the results of various financial decisions. It also contains a glossary of frequently used financial jargon explained in everyday terms. And the best thing – it’s absolutely free.

Who is it for?

Anyone who is making a financial decision, such as what would be the best way to pay off a credit card debt or what amount of money would accumulate in a savings account in real terms adjusted for inflation.

What makes it stand out from the crowd?

The combination of in-app tools is unique and includes the following: interest accumulation, interest rate calculation, fixed installments, flexible loan repayment, student loan and tax on savings. Adjustments for inflation can be made.

What’s next?

New features will be included in the app based on user’s feedback and the app will remain free with no any hidden in-app payments. There is also a plan to build a number of similar apps.