How does the Debt Paydown tool work?

Use Fruition Debt Paydown to craft a plan to find financial freedom.

Choose from a snowball or avalanche debt paydown method, pick your relevant accounts, and see a detailed timeline and plan for getting out of debt.

 

1. Start your debt paydown journey by logging in to your Fruition account.

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2. Click 'Folio' in the top menu.

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3. Click on Debt Paydown in your Folio menu

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4. Click on "Build My Paydown Plan".

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5. Once you've chosen your method, click on "Continue".

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6. Choose the accounts you'd like to include in your debt paydown plan

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7. Can you afford to put any additional funds towards debt paydown each month?

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8. If you can, put the additional amount here.

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9. Click on "Save My Plan".

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10. Scroll down to find a list of frequently asked questions

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11. To see your full schedule of upcoming payments, click "View upcoming plan payments".

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12. To see your schedule for any month in the future, click the month at the top of the screen.

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13. Choose the month you'd like to view.

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14. See where your additional payments are going.

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15. You can edit your payment plan and method at any time.

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16. Change your method.

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17. Change the selected accounts included in your plan.

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18. Save your changed plan to reference back at any time.

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