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What is SteadyPay?

SteadyPay, a UK-based financial service, is dedicated to supporting individuals with fluctuating incomes by providing interest-free credit options and tools for enhancing credit scores. One of its key offerings, CashWave, allows borrowers to access up to £300, which can be repaid over a three-month timeframe without the burden of interest or the need for credit checks. This service operates on a subscription basis, requiring a monthly fee of £30, specifically tailored for individuals facing lower credit scores or requiring urgent financial support. Additionally, SteadyPay features a TopUp function that monitors users' income and offers advances when earnings fall below the average, thus ensuring financial stability during periods of reduced work or unpaid leave. The repayment process is seamless, with deductions made automatically when income exceeds the average, and all repayment actions are communicated to credit bureaus to improve the users' credit standing. The platform prioritizes transparency and security, creating a safe link to users' bank accounts while refraining from storing any login information, which fosters confidence throughout the borrowing experience. Ultimately, SteadyPay is focused on empowering individuals to take control of their financial situations while concurrently building a more robust credit history. This holistic approach not only addresses immediate financial needs but also encourages long-term financial literacy and responsibility.

What is Empower?

Empower is a financial technology company that delivers a mobile app designed to help users adeptly navigate their financial situations. A key feature of the app is the Cash Advance option, which allows eligible users to obtain up to $300 instantly, free from interest charges, late fees, or credit checks. Furthermore, the Thrive feature provides a credit line ranging from $200 to $400, aiding users in building a solid credit history. To support savings, the AutoSave function tracks users' income and expenses to automatically set aside funds, while the platform also offers comprehensive tools for budgeting and monitoring credit scores. Users pay an $8 monthly subscription fee for these services, thereby enhancing the accessibility of effective financial management. This model not only streamlines the budgeting process but also fosters the development of healthier financial practices over time, ultimately empowering users to take control of their financial futures. By providing these resources, Empower aims to contribute to a more financially literate society.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$36.91 per month
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SteadyPay

Company Location

United Kingdom

Company Website

www.steadypay.co

Company Facts

Organization Name

Empower Finance

Date Founded

2016

Company Location

United States

Company Website

empower.me/

Categories and Features

Categories and Features

Popular Alternatives

Popular Alternatives