If, like the majority of the population, you’re looking to reduce the cost of your borrowings - you’ve come to the right place. As I’m sure you know by now, here at Incredible we’re focused on helping you get out of bad debt; saving you money and time along the way. But how exactly do we do this? Well we’re not ones to gatekeep, so here’s our money saving secrets 🤫
1. We tell you exactly how much debt you have
This may seem like a no-brainer, but you’d be surprised at how many people are in the dark about their true debt accumulation. With Incredible, you’ll be able to see all of your debts in one place - starting with credit cards before we expand to include all types of loans; such as BNPL, car finance and even mortgages. Being able to visualise your debt is the first step to saving money, as you can see what interest fees are on which cards - making it easier to decide which to pay off first to save the most money 💸
2. Optimal payments you can afford
Again this may seem obvious, but it’s important to reiterate. When you make inefficient repayments, it’s the equivalent to treading water - and the longer you tread water, the more interest you’ll drown in. Incredible nudges you to be more efficient with these payments, saving you money in the long run and helping you pay it off faster 🏃
3. We offer multiple payoff methods
Once we know how much debt you have and what the interest rates are, we optimise your repayments by helping you choose the most beneficial payoff strategy. The 3 options are snowball, avalanche and consolidation; which we’ve explored in dedicated blogs for you to find out more 🧐
4. Our personalised debt repayment calculator
A virtual debt repayment calculator that uses Incredible technology to understand your borrowings and easily allows you to see how long it’ll take you to pay off your debt depending on your personal spendings? Now that does sound Incredible 🤩
5. We help you to stick to your plan
Once you have a plan for your repayments, it’s important to stick to it. This is easier than ever with Incredible, as we automate your plan and will update it (with your consent of course) to make sure you're always on track towards a healthier financial future.
Incredible makes it simple to take back control of your money and reduce the cost and stress of managing your borrowings. What’s more, once you join you’ll not only have our support - you’ll have the rest of our Incredible communities too! So what are you waiting for? Sign up to Incredible now to begin your journey to financial freedom!