Member Spotlight: Learn How Cara M. Tackled Her Debt While Boosting Better Spending Habits

Meet Cara M.

Cara loves yarn work and crochet, to the delight of her three cats. One thing she used to hate? Keeping a budget. 

“I’ve never been good with money or keeping a budget,” says Cara. “I used to never balance my account and if I wanted something, I would just buy it.” Charging a few purchases here and there was easy, which may have gotten Cara into debt in the first place. Luckily, she found a solution in Tally.   

The Challenge

Cara started to accumulate debt after making a few impulse purchases, and without a proper budget in place, creating a plan to pay off credit card debt felt daunting. Juggling a budget with credit card due dates felt overwhelming, but Tally’s debt payoff tools helped put everything into perspective. 

Tally can take confusion and noise of multiple cards, due dates and varying APRs can turn into one straightforward monthly payment. It’s like autopilot for your piggy bank.

“Tally made my payments affordable,” Cara explains. “It also helped me keep my payments on time,” avoiding any additional fees or derogatory marks on her credit report. Paying off a credit card late can cost an additional $28 to $39 in late fees each time you miss a payment, and those fees can add up fast. 

With the help of Tally — and it's powerful, but super easy-to-use debt-management tools — worrying about those late fees and dates has become a thing of the past. Tally helps members who qualify, manage their credit card debt by identifying their highest-interest cards and then paying them off via a line of credit at a lower rate. It can also help with keeping track of payment periods and give you a clearer picture of what you truly owe, to make-decision making easier and allow you to hit your debt-free goals faster — with more money left in your pocket.†

Debt Lasts, Impulse Purchases Don’t

With a path towards financial freedom, Cara has set about untangling spending patterns that had been making her debt-management efforts more challenging. “You don’t need everything you think you need,” she says. “Debt will last so much longer than whatever you just bought.”

Now that the stress of credit card debt is no longer needling Cara, she has more time for the things she loves, her pets, and her passions.  

Credit card debt keeping you from doing the things you love? Get started with Tally today.

†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. Tally Technologies, Inc. NMLS # 1492782 (nmlsconsumeraccess.org). Loans made or arranged pursuant to a California Finance Lenders Law License or other laws in your state.