Tally is a financial app helping people overcome credit card debt faster with a suite of debt management tools. With Tally, you have an automated debt manager who figures out which credit cards to pay off first, late fee protection to help you from paying another late fee, and access to a line of credit to pay your credit card debt even faster.
How Tally Works
Tally is free to download and use the credit card manager. When you register your cards, Tally monitors your balances, APRs and due dates for you. It makes sure you never miss a payment, and it’ll calculate the smartest way to save you on interest across all your cards. To get the most out of Tally, however, you’ll need the line of credit.
Credit Card Management – pay all your credit cards in one convenient place. Keep track of multiple credit card payments through the mobile credit card manager. Access all your bank or store cards in one place.
Debt Manager – track your credit card balances and make just one payment. With a line of credit, your balances are paid every month and you’ll just need to make one payment to Tally.
Late Fee Protection – all of the credit cards your register with Tally are automatically enrolled in the late fee protection so you’ll never pay another late fee. It checks each of your credit card accounts to ensure you’ve satisfied your minimum payment amounts. If you haven’t made a payment, Tally will make the minimum payment on your behalf using your line of credit.
Line of Credit – an important tool in paying off credit card debt. Scan the credit cards you’d like to manage, it’ll analyze your credit profile to determine if you’re eligible for a line of credit loan with a lower APR than you’re currently paying.
How much does Tally cost
Tally is free to download and there are no charges to use the app.
When using the Debt Manager services, there is no annual fee, no origination fee, no prepayment fee, no balance transfer fee, no late fee, and no over-limit fee.
Tally makes money by charging interest on the amount you borrow. You’ll only pay when utilizing the line of credit to pay off your credit card balances. Rates are based on your credit history.
Tally Features And Benefits
Credit Card Manager – An expert credit card manager that tracks all your cards and manages payments for you. No more juggling different cards with different APRs, balances and due dates. Scan your cards into Tally and let the Credit Card Manager help you stay on track with your balances and due dates. Tally will recommend the best path to repay credit cards faster.
Instant savings with a lower APR line of credit – Start saving money with a lower APR by transferring your balances from the higher rate cards into your line of credit. Have a promotional APR that’s lower? Tally will only make the minimum monthly payment until the rate expires.
Automated payments and one payment to Tally – Tally can pay each of your cards minimum monthly payments through your line of credit. You’ll receive one bill from Tally, and repay Tally every month. Never pay an over-limit fee if you’ve used your entire line of credit. Tally will continue to pay the minimum payment on your cards.