Automated Debt Management App Tally Launches in Louisiana

NEW ORLEANS, Oct. 10, 2018 /PRNewswire/ -- Tally, the first fully automated debt manager, today announced it is now available to Louisiana residents. On average, Louisiana consumers have over $6000 of credit card debt and are unnecessarily leaving hundreds of millions of dollars on the table.

The top-rated app is for people who want to pay off their credit card debt faster or simply want their cards all in one place. Tally saves people money in two ways - by giving them a line of credit with a lower interest rate and using the line of credit to help them manage their payments, ensuring cards are always paid on time. In addition to its no late fee guarantee, Tally never charges any other penalties or fees - annual, origination, balance transfer or otherwise.

"Credit card debt is a huge source of stress and anxiety for so many people. It's the most widespread financial issue in the country with nearly half of Americans contributing to the $1 trillion record-high debt load," said Jason Brown, Tally CEO and co-founder. "Tally allows people to use credit cards for the convenience and rewards without worrying about late fees and other penalties."

Tally works like this: Download the app for free, scan your credit cards and pass a soft credit check. (This will not impact your credit score.) If you qualify, Tally analyzes your financial profile to determine the smartest, fastest way to pay down your credit card debt, and then takes action based on this information. 

Since officially launching its app in October 2017, Tally has saved users millions of dollars in interest and has the opportunity to save Americans billions more. The company has its own underwriting and financing models, which allow it to pass on savings not typically available to consumers. Depending on your credit history, the interest rate on your Tally line of credit will be between 7.9% and 19.9% per year. 

Tally is currently available in Arkansas, California, Colorado, Florida, Illinois, Louisiana, Massachusetts, Michigan, Minnesota, New Jersey, New York, Ohio, Texas, Utah, Washington and Wisconsin. Check www.meettally.com for more information on when the app will be live in additional states.

SOURCE Tally

Related Links

http://www.meettally.com