Two of the most important components of your credit score are on-time payments and credit utilization. SteadiPay may help with both.
By setting aside money to cover your expenses every day, and then using that money to make your payments on time, SteadiPay makes on-time payments automatic.
Credit utilization means the amount of available credit you are using. If you overspend and carry a balance each month, you’ll usually end up using more and more of your available credit. That’s not good for your credit utilization.
By helping you avoid spending money you don’t have and accumulating debt, SteadiPay helps make sure your credit card balances don’t get too high. We’ll be adding features soon to help stay on top of this even more, so stay tuned!