Lines of credit issued by Cross River Bank, Member FDIC, or Tally Technologies, Inc
Tally Technologies, Inc. (NMLS # 1492782 NMLS Consumer Access , SC License , MO License). (“Tally”), as noted in your line of credit agreement. Lines of credit not available in all states.
The stated estimates reflect potential time to pay off debt for an appreciable number (at least 10%) of Tally+ line of credit users
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 e as your interest rate) will be between 7.90% – % per year. The APR will vary with the market based on the Prime Rate. Annual fees range from $0 – $300.
1 Up To 2x Faster with Tally+ – 50% of Tally+ members can get out of debt about 3 years, or 41%, faster with Tally+. We calculated the estimates in , based on Tally’s records for borrowers who enrolled in Tally from . 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 https://onedayloan.net/payday-loans-mn/ 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.
2 Can save $4,185 in 5 years with Tally+ – We calculated the savings estimates in based on Tally’s records for borrowers who enrolled in Tally from . 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. Continue reading Lines of credit issued by Cross River Bank, Member FDIC, or Tally Technologies, Inc
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