SALT LAKE CITY, Aug. 10, 2017 /PRNewswire/ -- Cents rounds up every transaction you make to the nearest dollar and uses those funds to actively pay down your debts. Anything from mortgages, student loans, auto loans and even your credit cards.
"We couldn't be happier to be at the forefront of the debt revolution. We are in a unique position at Cents where making money from our users is not our priority. Not many businesses can say that. Everyone involved in the creation of this app has or is struggling with debt. This drove us to create the most secure and efficient app possible. We had the struggling American in mind because that is every person on this team. We have created partnerships with industry leaders, and are so excited to bring this to every person in the U.S." – Joel Ehorn (CEO - Centsapp)
As part of the app launch strategy Cents is issuing a crowd funding campaign to familiarize people with the app and the idea of actively paying down their debt. The financial goal of $15k in crowd funding is secondary to getting 15k people interested in the app by donating $1 each. Cents is contagious and can literally take our individual "change" and change the world.
"My husband and I hadn't put much thought into our student loans. We just knew they were necessary for us to achieve our goals. Cents can finally give us an edge up on our debts" – Jamie Ruggles (future Cents user)
Cents is a Salt Lake City based startup whose mission is to help people get out of debt. Cents is currently developing automated debt elimination tools that save consumers thousands of dollars in interest as well as years of debt payments.
If you would like more information about this topic, please contact Joel Ehorn at (435)773-0725 or email at [email protected].