Built for People with a consolidation loan or considering one
The Best App for Life After Debt Consolidation
A consolidation loan simplifies your debt — but it doesn't pay it off, and it can't stop the cleared cards from filling back up. Toffee keeps the whole picture honest.
No credit card required · iOS & Android
Everything You Need to Tracking Debt Consolidation in 2026
Consolidation Loan Tracking
Track your consolidation loan's balance, rate, and payoff date like any other debt — front and center.
Watch the Cleared Cards
The #1 consolidation failure is recharging the cards you just paid off. Toffee shows every balance, so creep is visible immediately.
True Debt-Free Date
See when the consolidation loan — and anything else you still carry — will actually be gone.
Extra Payment Impact
Consolidation lowers your rate; extra payments shorten the term. See exactly what each extra dollar does.
Before-You-Consolidate Math
Enter your current debts and compare your existing payoff plan against a consolidation scenario before you commit.
One Payment, Never Missed
Consolidation means one payment matters enormously. Get reminded before every due date.
4.8 out of 5 on the App Store
Rated by people using Toffee to track and pay off their debt
How to Get Started with Toffee
Download Toffee
Get the app free from the App Store — no credit card needed to get started.
Add Your Debts
Enter your credit cards, loans, and balances. It takes a few minutes and you only do it once.
Pick Your Strategy
Choose the debt avalanche (save the most money) or snowball (pay smallest debts first). Toffee shows you the difference.
See Your Debt-Free Date
Toffee shows you exactly when each debt will be paid off and what your debt-free date is.
Frequently Asked Questions
What is the best app to track debt consolidation?
Toffee is the best app for tracking a debt consolidation loan. It monitors the loan's payoff progress, keeps your old credit cards visible so new balances can't sneak up, and shows your true debt-free date across everything you owe.
Is debt consolidation a good idea?
It can be — if the new rate is meaningfully lower than your current average and you don't recharge the cleared cards. Consolidating 22% credit card debt into an 11% personal loan roughly halves your interest cost. The risk is behavioral, not mathematical: about a third of consolidators run their card balances back up.
Does debt consolidation hurt your credit score?
There's usually a small temporary dip from the hard inquiry and new account. Over time, consolidation often helps your score: your credit utilization drops when the cards are cleared, and one on-time loan payment is easier to maintain than five.
Should I close my credit cards after consolidating?
Generally keep the oldest cards open (closing them raises utilization and shortens credit history) but stop carrying them. Freeze them, delete them from online checkouts, and track them in Toffee so any new balance is impossible to miss.
Consolidation loan vs debt snowball — which is better?
They solve different problems. Consolidation lowers your interest rate; the snowball or avalanche is a repayment strategy. The strongest approach is often both: consolidate high-rate debt if you qualify for a good rate, then run an aggressive payoff plan on the loan in Toffee.
Free Tools & Guides
Free Debt Payoff Calculator
Enter your debts and compare avalanche vs snowball to see your exact debt-free date and interest savings.
Best App for Credit Card Debt in 2026
The best app for managing and paying off credit card debt. Toffee tracks your cards, calculates interest, shows payoff dates, and builds your payoff strategy.
Best Debt Avalanche App in 2026
The best debt avalanche app for 2026. Toffee automates the avalanche method — highest interest first — with interest savings math, payoff dates, and bill reminders.
Start Your Debt Payoff Journey Today
Download Toffee free — no credit card required.
iOS & Android · $39.99 one-time for premium