Connect with us

Hi, what are you looking for?

Company News

Prosper Daily’s New Credit Card Optimizer Makes Choosing the Right Card Easier

Since the average American has at least three credit cards and if they’re in debt, pays more than $2,600[i] in interest fees per year, chances are you may not know which card to reach for when you’re at the cash register. The good news is, there’s an app for that.

The team behind the award-winning financial app, Prosper Daily, is excited to announce today the release of Credit Card Optimizer™, a new feature set that aims to solve common and costly credit card mishaps by arming people with timely information including payment reminders, a breakdown of interest bearing balances by card and other contextual advice on how to avoid potential fees.

At the centerpiece of Credit Card Optimizer™ is “Which Card to Use,” a tool that helps people optimize purchases by suggesting which card to use to minimize interest payments or balance card utilization. Other noteworthy features of Credit Card Optimizer™ include:

  • See all your card information in one place: At-a-glance you can review balances, utilization, and statement information for all the cards you connect to the app.
  • Minimize interest payments: View outstanding credit card balances and see a projection of the interest you will incur if you don’t pay off balances.
  • Never miss a payment: Carefully timed push notifications remind you of upcoming minimum payments and due dates.

Credit Card Optimizer™ enriches Prosper Daily’s commitment to helping consumers get on top of their finances by tracking, budgeting and managing their money matters in one place.

overview-with-device
statements-with-device
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Join our mailing list

Latest

Investor Center

Today we are sharing performance data from the Prosper Portfolio for September 2021. Highlights from the report include: Performance Update In September, approximately 67%...

Credit Management

The consumer finance sector is highly competitive, and consumers often have many options to transfer and repay debt. For example, credit card companies frequently...

Credit Management

For many families, homeownership is an investment for the future. Buying a home is the largest and longest financial commitment most of us will...

Investor Center

Today we are sharing performance data from the Prosper Portfolio for August 2021. Highlights from the report include: Performance Update In August, approximately 67%...

Credit Management

Today, we are excited to announce the release of our new eBook, Your Ultimate Guide to Debt Consolidation, which is now available to download...

Home Renovations

Home renovation can be a challenging process, but financing your renovation doesn’t have to be. There are many ways to fund your home improvements,...

You May Also Like

Credit Management

Unemployed and looking for ways to borrow money? We’ll reveal what options you have when it comes to accessing emergency loans with no job.

Best Practices

Even before COVID, expensive healthcare costs had many Americans wondering what happens if you don’t pay medical bills. If you’re struggling with medical bill...

Financial Literacy

Financial literacy is the know-how to manage your money and plan for your financial future. If you’re not entirely comfortable with money or aren’t...

Finance for Homeowners

Taking out a HELOC to pay off your mortgage is a common practice among many homeowners today. Read more to find out the pros...

© 2005-2021 Prosper Funding LLC. All rights reserved.