LendingClub and Pagaya Acquire Tally’s Credit Card Management Tech
LendingClub and AI lending network Pagaya have acquired Tally Technologies’ intellectual property. Tally, a FinTech that helped consumers manage credit card debt, closed its doors in August. As the two buyers noted in a news release Wednesday (Oct. 9), the company also created an “embedded, white-label business-to-business credit card debt management platform.”
Credit card interest rates are surging: How to lower yours now
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. There's no question that credit cards can make it easy to pay for purchases over time, whether for an unexpected expense or an impulsive buy. However, carrying a balance on your credit card has become an increasingly expensive choice. Credit card interest rates are among the highest available for any borrowing option and the compounding nature of credit card interest makes it even more costly over time. Today, card interest rates are higher than ever, with the average credit card...
How to qualify for a credit card hardship program this November
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. As we head into November, many Americans are feeling financial strain caused by carrying a credit card balance from one month to the next. After all, credit cards are one of the most expensive financing options, with the average credit card interest rate now exceeding 23% — the highest rate on record. That, coupled with the compounding nature of credit card interest, has resulted in significant financial strain for millions of cardholders.Another issue is that many households continue to...