Invest in your future and ditch your debt! Spend money. Add micropayments. Become financially free using this smartphone app that is available for both google phones as well as Apple.
Spend Away Your Debt. The way it works is you payoff your debt every time you swipe your debit card or have a banking transaction. The app is available through the Apple and Google App Stores.
SpenDebt is a financial technology company helping people pay off debt one micropayment at a time! As consumers spend money, a pre-defined amount is automatically added to every transaction and then applied to the user’s debt account monthly. Users can round up the dollar amount or select any amount they want to pay off debt as they shop.
SpenDebt is on track to help one million people pay off student loans, auto loans, credit cards and more!
What makes SpenDebt different? The big one is the variable ways to round up payments. With SpenDebt you can stop rounding up and start paying down.
The “Other Guys” only allow you to roundup your purchases to the next dollar. This user’s roundup is TBD.
Defined Micropayments. – We allow you to define ANY amount greater than $0.50.
About the founds of this Black owned business.
Those who have followed us on this journey know that God gave our founder, Kiley the vision to start SpenDebt after we became debt free in order to help other people break these generational curses and turn them into generational wealth.
Ty’Lisha and Kiley Summers, the founders of SpenDebt, tapped into their personal experiences with debt to deliver a solution for others facing the burden. After seven years of working hard to pay down debt accrued from college and from starting their life together, the couple used their tactics and professional backgrounds to conceive of SpenDebt, an app that helps people pay down their debt as they shop.
Users can set micropayments to be added to each debit card transaction they make. So, every time you swipe your card or spend online, you are simultaneously paying off your debt. There are also financial literacy resources offered on the site and app to help users, in particular the Black community and millennials, learn about financial literacy. Users can select any amount they want – whether round up or a higher dollar amount.