Tally offers a lower APR credit line that you can reuse as many times as needed to pay down your high interest credit card debt. Our credit line is designed to pay off your credit cards, so you can save the most money by focusing on your highest interest rates.
What separates Tally from other loans is our monthly card payment manager. Once you link your cards, we’ll pay them for you each month.
Which payoff plan strategy is right for me?
There are 3 payoff plans for you to choose from based on your personal financial journey.
- “Snowball” - The Tally Credit Line will be set to pay off your smallest credit card balances first.
- “Avalanche” - The Tally Credit Line will be set to pay off your highest APR cards first to save you the most money on interest.
- “Credit Factors” - The Tally Credit Line will be set to pay off your highly utilized credit card debts first.
If I change my payoff plan strategy, how long until the new strategy becomes effective?
The new strategy selected will be effective by the next business day. Payments that are already initiated will still be completed.