You will pay interest on the line of credit. Tally also doesn't charge any of the following: The Tally app is free to download and use. Their algorithm calculates the perfect strategy to pay your debts off faster than just making the minimum payments.
#IS TALLY LEGIT HOW TO#
You enter the date you want to be debt free and Tally Advisor tells you how to make that happen. Tally Advisor customizes your recommendations based on how you use your credit cards and your desired goals. This will become a duplicate payment, and you would then owe Tally the amount they paid. But if Tally can't register that you made your payment within a few days of the due date, they may send another payment on your behalf to avoid a late fee. If you prefer not to have this protection, you can cancel it in your preferences.ĭisable Tally's Late Fee Protection to make payments on your own. If you didn't make a payment, Tally uses funds from your credit line to make the minimum payment. If your credit line is in good standing, Tally will check all credit cards before their due date to make sure the minimum payments have been made. They also never sell or share your personal information without your approval. Tally uses SSL encryption and doesn't store your usernames or passwords.
#IS TALLY LEGIT PLUS#
In exchange, they require you to pay the amount they paid back plus interest by your next Tally credit line due date. If you use your entire Tally credit line, Tally will still pay your credit cards' minimum payments without charging additional fees. Assuming the APR is lower, that means you'll save on interest charges to pay off your debt faster. When you qualify, you can transfer any credit card balances to a Tally credit line.
Tally will look at each card balance to figure out the optimal payment amount to make on each and which one to pay off first.
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