Hello there 👋
We are Incredible (we’re not talking about ourselves - or maybe we are 🤔) we’re literally called Incredible you can check us out here.
We’re building an app that helps you manage your credit card debt and more importantly, get you out of debt faster 💨.
Why?
Over 14M people in the UK have a revolving balance on their credit cards (a balance that hasn’t been paid in full at the end of the month) and end up paying obscene amounts of money on interest and fees. Just last year, this amounted to ~£5.7BN in interest fees. It can take roughly 25 years to clear credit card debt when only paying the minimum repayments 🥴. Let’s say your balance is whatever the national UK average is (£2400) across 2-3 cards, and you only pay the minimum each month - it would take you ~26 years and it would cost you roughly £6890 to pay back what you borrowed.
The other issue is managing multiple cards, with multiple interest rates and multiple due dates. Missing a payment can lead to:
losing any promotional interest rates on the card
incurring late fees
missing a payment, stays on your credit report for 6 years!
So how do we help? Well we manage it all for you and put your credit card management on auto-pilot.
How does the app work?
It’s pretty simple really (for you) - all you have to do is:
Create an account 📱
Connect your credit cards 💳
Pick a payment option 💸
That’s it. We do the heavy lifting by using data and technology to understand exactly what’s going on.
We give you an overview of all your credit cards, balances, as well as any interest payments you’re making and tell you how it impacts your financial future. We provide a number of payment strategies to pay off your debt faster e.g. putting away a little extra each month based on what you can afford whilst paying back the credit cards in the most efficient way possible.
We’ll release more detailed descriptions of our payment features soon and how it saves you money in interest so make sure you sign up to the waitlist to stay in the loop!
Is it available?
We’re currently testing the first version and aiming to start our beta next month - you can sign up to take part here - join beta 📲
If paying off your debt faster and securing your financial future sounds like something you’d like to do, join the waitlist and be the first to start saving thousands of pounds in interest and fees 🤑.
Join the waitlist here - getincredible.io 🚀