Credit card debt is like a money-grubbing evil spirit that never goes away and drains your bank account dry.
Its the most expensive kind of debt you’re able to have.
First you start falling behind on your monthly payments.
If youre in this boat, you better check out a mobile app calledTally.
It pays off your high-interest credit cards by giving you a line of credit with a better interest rate.
You consolidate all your credit card bills into one monthly payment, and you pay less interest.
Depending on how much you owe, you could save hundreds or even thousands of dollars this way.
you’re free to also get out of debt faster.
That adds up to a lot of interest, which is how credit card companies make their money.
Thats why the average Tally+ member saves $4,1851over five years, according to Tally.
No Waiting on Approval
The app starts helping you right away, too.
That can take days, or even a week.
Tally quickly does asoft credit checkthat wont affect your credit score.
Depending on your credit history, your available line of credit will range from $2,000 to $25,000.
You dont pay interest on all that.
You pay interest only on the amount of credit you use.
The APRs on Tallys credit lines range from 7.9% to 29.99%, depending on your credit history.
Tally will show you a proposed interest rate and credit limit.
That way, before you sign up, you could see for yourself how much youd save.
Instead of paying your credit cards, youll make a monthly payment to Tally instead.
Itll do your thinking for you.
Tally wont charge you any late fees or balance transfer fees.
There are even more benefits with the Tally+ membership.
Use Tallysdebt calculatorto find out how much you could save and if Tallys the smarter choice for you.
Choose from Tally Basic or Tally+, whichever is right for you.
If youve got credit card debt weighing on you, its easy tosee how much money youd savethis way.
Lines of credit not available in all states.
The APR will vary with the market based on the Prime Rate.
Annual fees range from $0 $300.
We assumed the borrower received Tally+ discount credit every month and we deducted annual fees from any potential savings.
Mike Brassfield ([email protected]) is a senior writer at The Penny Hoarder.
It sounds appealing right?
Check it out here!
