Leave a Review Tally
Flawed system
I really liked the app at first but the company really has some major adjustments to make for me to continue using it. I spoke with two different people today trying to get a partial payment authorized to one of my cards using the remainder of my tally credit line so I could pay the rest of the statement balance myself, and therefore avoid an interest charge on my next statement. Apparently it is not possible for them to do this as they “have to rely solely on their algorithm to determine what tally will pay” and so only the minimum payment could be made to the card until until they see that I have already been charged interest. I understand why the algorithm would be structured this way but it makes no sense why they are unable to override it if it can prevent me from receiving this interest charge in the first placeShow lessdlitt2500
Love this highly recommend
I absolutely love this app and would highly recommend. I had a 700 credit score but had about 12k in credit card debt with Wells Fargo. I wasn’t able to get a loan to cover the full amount but I was able to get a loan to cover 80% of it at a much much lower APR than what I have on my credit card. Plus a loan looks much better on your credit report than unsecured credit card debt. I can see how if you have several store cards and/or a low credit score this might not work for you but if you have decent credit and commonly used cards this is an amazing way to really help get you on top of debt.Show lessmidnightkay
Life saver
I was stressing unbelievably about being able to pay my credit card off because I realized my interest rate was 27%! I am currently disabled and unemployed, and unfortunately don’t have the luxury of being able to rely on family and friends for help... just when I thought I’d lose more money to interest charges, I stumbled across this app and miraculously made the cut for the credit score requirement by 9 points. I love that there was no hard credit check required to apply. My due date was 3 days away and Tally paid my cards on time as promised. My debt might not be completely gone, but knowing I don’t have to worry about those insane interest rates is a relief to my debt stressors alone. I definitely recommend this app to anyone sharing the same stress!!! Thank you, Tally!Show lesslildambro
More frustration ughhhh
So I saw this app on Instagram and thought wow that’s what I need. They made it sound so easy. So I stopped what I was doing and instantly download in seconds. Opened the app, filled out my name and address. Then it asked my credit score. See I have tons of college debt so I have a low credit score like 560 so I’m working to get out of the hole. On top of that I’m in 4K credit card debt from moving. After I clicked less than 600. THEY TOLD ME TO CLOSE MY ACCOUNT AND TRY SOMEWHERE ELSE. This has frustrated me. A tool to help me do better I can’t even access because I don’t qualify. I understand but I don’t. How can I do better if the tool I need to do better is denying me. And what like many people I’m just going to be right back at the beginning looking for the next “thing” to help me. I shouldn’t be penalized for getting an education.Show lessQuincyLeroy
Don’t take the loan if it’s higher than your current APR!!
While Tally seems like a great idea, and I’m sure they are well meaning (maybe I’m not so sure). Well, hoping this app is rooted in the idea to help people, I’ll continue to say that I went through the application process and was approved for a line of credit at X% APR. Yay! Unfortunately the APR I was approved for was higher than any of the credit cards I’m trying to pay off. There was no warning and no information on the FAQ page for “What if I get approved for a higher APR than my current cards?” I was immediately taken aback and called the customer care center, who were actually very helpful and said they would take note. They essentially advised me over the phone to not move forward with the loan, BUT WHAT IF I DIDNT CALL?! How many people have gone through this process and are now paying a higher amount than they would otherwise pay?!
Will remove when they add a warning prior to accepting the loan, and/or add an FAQ section for this information.Show lessUser12212233
Developer Response
Hello there- Thanks for your review! If your line of credit is higher than your credit cards and we have your credit card APR's, our algorithm would never submit a payment to that card. The only scenario where this may happen is if you reported an APR that was incorrect, otherwise we do not use the line of credit to pay down, or pay off cards that have a lower APR. Our algorithm is designed to make payments to cards *only* when we can save you money in interest or protect you from late fees.Tally is a interest saver and stress reliever.
Tally has simplified my balancing 5 credit cards making sure everything is paid off I never missed a payment in my life yet I needed help organizing my credit card debt and being able to pay it down now since i got Tally all I do is weekly pay a set amount I budgeted for my debt weekly so on pay day I wake up my check from work is already deposited so I immediately pay tally $250 every week I let the app decide how to pay my debt off and I get a weekly report of how much saved interest I do have to run #s think about due payments or anything just pay weekly and save I’m not a bot or paid person lol you don’t have to pay as much as me in just trying to pay my debt down quick so I do the maximum I can budget from my weekly pay but if you budget yourself pay what you can as much as you can just give it to Tally and relieve your mental stress I love it I still got long ways to go on my debt but I’m no longer stressed like I use to be...Show lessPAC rob
Life Saver
Tally has been such a life saver for me. I had racked up debt spread across 4 credit cards after 6 years in college. Each one had a different due date and I was struggling to figure out how to manage them. I applied for Tally and was denied at first (I wasn’t making enough money as I hadn’t started a full time job yet) but I applied again once I was employed and was approved. Now instead of having to try to worry about what card was due when I just have to pay a very decent monthly payment to Tally and I usually pay much more than the minimum payment but it is significantly less than when I was paying just the minimum for each card separately. It also boosted my credit score immensely even while I’m still paying off my debt to Tally. The app itself is great and easy to use, easy to set up your cards. What a great app I am so thankful for it.Show lessOliveoyl214
WORST APP EVER
After the usual marketing harassment to sign up for Tally, I decided to give it a try, they wouldn’t accept some of my cards because they had a debt under 5K, so I decided to transfer balance from another card and have one big balance so Tally could then make the payment and then I will pay them. Not only they didn’t cover the full balance of the card they accepted, they kept making ridiculous high payments to that card leaving me with the debt of the card still and a tremendous debt with Tally. They absolutely ignored all emails and settings changes asking them to stop making payments on my behalf. Now I have the credit card debt and a minimum monthly payment to Tally close to 700$ monthly, besides being in collections because I cannot meet the minimum payment. I tried to contact them regarding a payment arrangement and cancellation of my account an they came up with a payment that is as ridiculous as the former one, specially for a college student. This is not a debt free friendly app BE CAREFUL!!!! and understand how this works before you get involved, they don’t want to help you like other debt relief programs, all Tally wants is money, YOUR MONEY by getting you engaged in an endless cycle of debtShow lessDalila89
Developer Response
Thank you for your comments. We would be happy to review your account and clarify anything that is unclear about how payments to your credit cards work. We would like to clarify- Tally is not a debt relief program nor a debt consolidator so we do not work like those programs do. Please reach out via email: support@meettally.com so we can review your account and explain the payments that are made to your cards and how payment preferences work,Great Idea!!
I’m just writing this review because I think this is a great Idea and I want them to also operates in Arizona! One of the biggest university in the whole country is Arizona State University, and as you could imagine, the US school system does not really teaches you how to deal with credit cards, debts etc. Therefore, a lot of students have financial problems. If you allow this service to operates in AZ, It would be a grate service, not only for the people how lives here, but also for you as many people will actually use this app. Please, speed up the expansion process towards Arizona! :)Show lessWaleros
Waiting Verification
******update*******
Verification complete after a week. I really appreciate how responsive the service team is via email. I think it’s great as I don’t like calling companies And I prefer a record of conversations. My payments have processed and I’m happy with the company thus far.
Applied August 28th in the evening. I was instantly approved with a 4K line 14.9% apr. my credit score is 699, I don’t have anything bad on my record just high utilization (60%). The app decided the best cards to pay and how much. The payments were pending and expected to clear in three days.
The next day I received an email account needs to be verified. The line was removed and payments were stopped. I sent in the requested documents that day. I am still waiting on verification (it’s been 5 days).
I think the app and line is a great idea. And it is true it doesn’t work with some cards, but worked with my major accounts: Citi, Discover, Capital One, and Wells Fargo. I wish the verification was advised before approval. It’s not the best feeling to have a line open then removed for verification as if it was never granted in the first place. Hence, why I gave three stars. I will update when verification is complete and the results from the process.Show lessbrownsugav
