Our financial lives comprise a patchwork of bank accounts, credit cards, and loans that are administered from a variety of institutions. Juggling all of this information is merely a challenge for those lucky few who are content with their finances, but gaining a clear picture is essential for those who are working towards long-term financial goals such as retiring their debt.
Several companies have stepped in to fill this void by harnessing the power of the Internet to aggregate users’ data in one place. Payoff.com is one of the latest to enter this market. It hopes to distinguish itself from its competitors by offering users social and financial incentives to meet their goals.