Grow Credit vs Relief: Reduce overdue debt Usage & Stats
With over 400,000 downloads, Grow Credit, featured on the 2022 Forbes Fintech 50 and recognized as one of America's most innovative companies, helps consumers build credit for free using their subscriptions, with no prior credit history required.
Your credit score is different on Experian, Equifax, and TransUnion. Having a strong score on all three matters as mortgage lenders, car dealers, and credit card companies often review more than one to determine a consumer's creditworthiness. Grow helps you boost your credit score quickly on all three.
Grow your credit with your subscriptions in three easy steps:
- Apply for your Grow MasterCard.
- Link your bank account.
- Add your subscriptions: Netflix, Hulu, Spotify, or over 100 others.
Your subscriptions will be billed to your Grow MasterCard, and we’ll automatically debit your bank account every month and report your progress to all three credit bureaus.
A better credit score means lower interest rates on future loans, which could save you tens or even hundreds of thousands of dollars.
Applying for Grow will not result in a hard credit pull and will not affect your credit score.
The press raves about Grow:
Techcrunch.com: Grow "is a pretty elegant way to solve a problem that’s a real barrier to entry for a large number of financial services. Credit scores can impact mortgages, the ability to receive small business loans, and a host of other services that are ways to boost economic opportunity."
Creditcards.com: Grow is "a very useful tool for climbing the ladder and eventually qualifying for a better card."
Nerdwallet.com: "The Grow Credit Mastercard is ideal for those with no credit or poor credit."
Grow offers 4 plans:
* Build Free
- Reports a $204 credit line to Equifax, Experian, and TransUnion
- $17 monthly spending limit
- Option to upgrade to a Grow membership after 6 months of consecutive on-time payments
- Cost: Free
* Build Secured
- Reports a $204 credit line to Equifax, Experian, and TransUnion
- $17 monthly spending limit
- Option to upgrade to a Grow membership after 6 months of consecutive on-time payments
- $17 security deposit required - refundable after 12 consecutive on-time payments
- Cost: $2.99 per month
* Grow
- Reports a $600 credit line to Equifax, Experian, and TransUnion
- $50 monthly spending limit
- Access to premium subscriptions, including your cell phone bill (AT&T, T-Mobile, Verizon, or Sprint)
- Cost: $4.99 per month
* Accelerate
- Reports an $1,800 credit line to Equifax, Experian, and TransUnion
- $150 monthly spending limit
- Access to premium subscriptions, including your cell phone bill (AT&T, T-Mobile, Verizon, or Sprint)
- Cost: $12.99 per month
Additional Features:
- Plan duration: 12 months - renewable.
- Free FICO Score
- Free credit education blogs and tutorials.
We look forward to assisting you in your credit-building journey!
Security:
• Your data is protected with 256-bit encryption bank-level security and is never stored on your devices.
This app is operated by Grow Credit, Inc. Questions or suggestions can be directed to behappy@growcredit.com.
- Google Play Store
- Free
- Finance
Store Rank
- -
FEATURES
- Reduce Your Debt by Up to 50%: Eligible users can significantly reduce their overdue debt, saving them money and stress.
- Automated Debt Analysis: Relief analyzes your debts and finances within minutes, offering potential savings without hurting your credit score.
- Maximum reductions: Relief works for you to get the best reduction your creditor can offer
- Easy Creditor Communication: Request balance reductions for your debt with a single click, avoiding awkward phone calls and back-and-forth negotiations.
- Secure and Private: Bank-level security ensures your personal and financial data is protected.
- Debt Settlement Made Easy: Simplify the process of negotiating with creditors and settling your debts.
- No Hidden Fees: Transparent pricing with only a fee if your creditor accepts the proposal.
HOW IT WORKS
1. Download Relief: Install the app and sign up to see if you're eligible for debt reduction.
2. Link finances: Relief finds your debts and analyzes your finances to estimate potential savings.
3. Request Reduction: Request a balance reduction on your debt from your creditors without any hassle.
4. Relief: Receive your reduction in the Relief app and get started paying off your lowered balance.
USER SUCCESS STORIES
Read how others have transformed their financial situations with Relief:
Emily B.
Emily was overwhelmed with her overdue bills and didn't know where to start. She discovered Relief and decided to give it a try. Within minutes, Relief found her debts, analyzed her finances, and identified potential reductions. Emily was able to submit a debt reduction request with just one click. Within 3 days, her creditor agreed to reduce her total balance by over 45%. Now, Emily is on a manageable payment plan and is looking forward to moving to a new apartment.
John P.
John had been struggling with debt for years and was tired of the constant phone calls from creditors. He signed up for Relief through a friend’s referral. Relief helped him send requests to his creditors to reduce his balance and one week later his creditors agreed to a 50% total reduction on his overdue debt. With affordable monthly payments, John is no longer getting phone calls from his creditor.
YOUR ALL-IN-ONE DEBT REDUCTION APP
Relief finds overdue debts and works with your creditors to reduce them. It locates your debts that are delinquent and finds accounts that creditors are willing to accept lower balances on what you owe. Use Relief as a debt tracker to see how your debts are being reduced over time. Use Relief to start thinking about long-term financial goals and reduce your debt effectively. The app tracks all your overdue debts and manages creditor communications, so you don’t have to—just link them once and let the app handle the rest.
REDUCE AND TRACK YOUR DEBTS ALL IN ONE PLACE
Managing your debts has never been easier. Relief gives you a clear picture of all overdue accounts, including forgotten ones. Actively and easily monitor and reduce overdue debts from one hub. With Relief negotiate for reduced balances and stop struggling with debt.
LOWER YOUR DEBT AND SAVE MORE EACH MONTH
Stop overpaying and start saving for what truly matters. Let Relief reduce your debt. Easily connect your debt accounts by logging in and providing your info. Our app works with your creditors to reduce your balances by getting significant reductions applied to your overdue accounts.
DISCLOSURES
https://www.relief.app/privacy
https://www.relief.app/terms
- Google Play Store
- Free
- Finance
Store Rank
- -
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Grow Credit VS.
Relief: Reduce overdue debt
December 2, 2024