Tally
Tally offers a credit card debt payoff app that helps users save money on interest and improve their financial wellness through personalized strategies and smart systems.
Services
Tally offers a range of financial services aimed at helping users manage and reduce their credit card debt. The core service is a credit card debt payoff app designed to save users money on interest. Tally also provides a fully embedded, white-labeled SDK for partners to improve financial wellness among their users. Additionally, Tally offers a personalized payoff strategy that helps users manage their credit card debt more effectively.
Debt Management Features
Tally provides several features to assist users in managing their credit card debt. The app uses a smart system that is designed to improve users' credit score factors. One notable feature is late fee protection, which prevents users from incurring late fees on their linked credit cards by offering a line of credit. This line of credit has APRs ranging from 7.9% to 29.99% per year. The app also consolidates users' credit card payments into a single monthly bill, simplifying the payment process.
Interest Savings
One of the key benefits of using Tally is the potential for significant interest savings. The company claims that users can save up to $4,300 in interest over a span of 7 years by utilizing their line of credit. This feature is part of Tally's broader strategy to help users manage and reduce their credit card debt effectively.
SDK for Financial Wellness
Tally offers a fully embedded, white-labeled software development kit (SDK) designed for partners who aim to improve financial wellness among their users. This SDK integrates Tally's financial management features into partner platforms, providing users with tools to manage their credit card debt, improve credit score factors, and avoid late fees.