Paydown.com Launches in the UK to Simplify Debt Consolidation
A new mobile lending platform called Paydown.com has launched in the UK. Developed by Clay Technologies and Pepper Advantage, it aims to simplify debt consolidation for borrowers. The service offers personal loans with transparent terms and no hidden fees. Paydown.com is the latest product from a partnership between Clay Technologies and Pepper Advantage. The two firms previously launched Kravings, the UK’s first personal loan mobile app. This time, they’ve built a platform focused on helping people combine high-interest debts into a single, lower-rate loan. Paydown.com is now available to UK borrowers looking to consolidate credit card balances and other debts. The platform’s use of open banking and AI aims to streamline the loan process. All loans will be handled by Pepper Advantage as part of the partnership.
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