Tally gets you out of credit card debt years faster with a lower-interest line of credit that saves you thousands
About This Deal
Get $50 to help pay off your credit cards when you become a Tally+ borrower!
Just open a Tally+ account using the Groupon/Tally promotion link, accept a personal line of credit with Tally, and become an active borrower, and Tally will apply $50 to your credit card repayment.
This offer is only available to new Tally+ customers. To be a Tally customer, you must pass a soft credit check, have a FICO Score of 660 or higher and qualify for and accept a line of credit with Tally. (Note: Soft credit check will NOT impact customer’s credit score.)
To utilize the offer, customer must register at least one credit credit card with Tally and have a minimum interest-bearing balance of $300 across all credit cards. As long as customer’s Tally account is current, Tally will pay $50 toward customer’s debt within 60 business days of becoming a borrower. User must sign up for the Tally+ product in order to qualify for $50 payment.
NMLS Disclosure : Lines of credit issued by Cross River Bank, Member FDIC or by Tally Technologies, Inc. (“Tally”), NMLS #1492782 (http://nmlsconsumeraccess.org); see your line of credit agreement. Lines of credit not available in all states.
TILA : To get the benefits of a Tally line of credit, you must qualify for and accept a Tally line of credit. Based on your credit history, the APR (which is the same as your interest rate) will be between 7.90% - 29.99% per year. The APR will vary with the market based on the Prime Rate. Annual fees range from $0 - $300.
Get out of debt up to 2x Faster with Tally+
50% of Tally+ members can get out of debt about 3 years, or 41%, faster with Tally+ . The stated estimates reflect potential time to pay off debt for an appreciable number (at least 10%) of Tally+ line of credit users. We calculated the estimates in March 2021, based on Tally’s records for borrowers who enrolled in Tally from November 2018 through October 2020. We compared how long it would take for a user to pay off their credit card debt if they had received and accepted a Tally+ line of credit and compared that to how long it would take for a user to pay off their credit card debt without Tally. For each borrower we used: (a) their average APR weighted by their initial credit card balances and APRs; (b) an average monthly payment of 3% of their credit card balance(s); and (c) average monthly credit card transactions of 0.8% of their credit card balance(s). We assumed the borrower received Tally+ discount credit every month. Actual pay-off rates will vary based on factors such as each user’s credit card APRs, the total payments made, and additional credit card charges.
Can Save $4,185 in 5 years with Tally+
We calculated the savings estimates in March, 2021 based on Tally’s records for borrowers who enrolled in Tally from November 2018 through October 2020. We calculated the interest users would pay if they had received and accepted a Tally+ line of credit and compared that to the interest they would pay without Tally until their credit card balances are fully repaid. For each borrower we used: (a) their average APR weighted by their initial credit card balances and APRs; (b) an average monthly payment of 3% of their credit card balance(s); (c) average monthly credit card transactions of 0.8% of their credit card balance(s). We assumed the borrower received Tally+ discount credit every month and we deducted annual fees from any potential savings. Actual savings will vary based on factors such as each user’s credit card APRs, the total payments made, and additional credit card charges.
Tally is a faster way to free yourself of credit card debt. Instead of overpaying on credit card interest, with Tally+ you can pay off your credit card debt up to 2x faster1.
Tally is a lower-interest credit line and a smart credit card manager, rolled into one simple app.
Tally’s credit line immediately pays off your credit cards for you, saving you on interest and helping your credit score factors. Tally also manages all your credit cards in one convenient place and ensures each card is paid on time every month. With Tally you can keep using your credit cards to earn points and rewards without having to worry about high interest rates and unnecessary fees. Plus, Tally provides personalized payment recommendations to keep you focused and motivated.
Get started in minutes. Apply through the Groupon application link and Tally will check your eligibility, which won’t impact your score, to see if you’re approved for their lower-interest line of credit. If eligible, you’ll get your Tally Line of Credit offer — customized to save you as much money as possible. Next, add your cards and choose the Tally+ program. Once you accept the Tally+ offer, Tally will immediately pay off your cards with your Tally Line of Credit, saving you money right away. Just maintain at least $300 of interest-bearing credit card debt and keep your Tally account in good standing and within 60 days Tally will apply the $50 Groupon credit to your Tally balance. Tally will use your credit line to consolidate all your card payments into one monthly bill. Say goodbye to different due dates, APRs, and balances, and on average members can save $4,1852 in interest in 5 years with Tally+. Goodbye credit card debt, goodbye stress.
Tally is a consumer financial tech company pioneering full-service financial automation to help people save money, pay down their debt and reach their goals sooner. Founded in 2015, the company built the first fully automated debt manager that has paid off $1B in credit card debt. Featured in CNBC, Forbes, The New York Times and Yahoo Finance, Tally believes in separating the burden of credit cards from the benefits."