Unlocking Financial Freedom: How Happy Money and Method are Revolutionizing Debt Consolidation

In a strategic move to empower consumers and credit unions alike, US-based lending provider Happy Money has forged a partnership with Method, a leading provider of real-time data and payment access for consumer liabilities. This collaboration aims to streamline the debt consolidation process, offering a seamless and transparent solution that benefits all stakeholders.

Empowering Consumers to Conquer Debt with Ease

Streamlining the Debt Consolidation Journey

Happy Money's personal loan offerings provide a lifeline for consumers struggling with high-interest credit card debt. By consolidating multiple debts into a single, fixed-rate loan, Happy Money helps borrowers save thousands of dollars in interest and simplify their monthly payments. The integration of Method's liability connectivity APIs into Happy Money's platform takes this process to the next level, enabling more accurate and real-time identification of members' outstanding credit cards, live balance retrieval, and balance transfer capabilities – all without the need for members to manually enter account details or remember passwords.

Fostering Transparency and Efficiency

The partnership between Happy Money and Method has resulted in a more transparent and efficient debt consolidation experience for consumers. By leveraging Method's sophisticated APIs, Happy Money gains deeper insights into consumers' outstanding credit card balances, allowing for faster and more accurate payment execution. This enhanced visibility and streamlined process create value for all parties involved, empowering borrowers to take control of their financial well-being and enabling credit unions to diversify their portfolios and drive greater impact.

Empowering Credit Unions to Serve Their Communities

As community-focused lenders, credit unions play a vital role in supporting their members' financial goals. By partnering with Happy Money and leveraging Method's technology, credit unions can offer a more seamless and effective debt consolidation solution to their members. This collaboration not only helps credit union members achieve their financial objectives but also enables the credit unions themselves to diversify their portfolios and expand their reach within their communities.

Driving Positive Outcomes for Borrowers and Lenders

Since the inception of the partnership, Happy Money members have connected over 50,000 accounts through Method's APIs, with millions of dollars in consumer debt being consolidated monthly. This integration has facilitated over million in balance transfers for Happy Money members, empowering them to pay off their debt faster and more efficiently. By prioritizing borrowers' well-being and enabling credit unions to achieve greater impact, Happy Money and Method are redefining the lending landscape and paving the way for a happier, more financially secure future.

Revolutionizing Financial Connectivity with Method

Method's APIs are at the forefront of redefining financial connectivity, providing real-time, read-write, and frictionless access to consumer liability data with integrated payment rails. This innovative technology enables lenders like Happy Money to streamline customer acquisition, improve underwriting accuracy, and increase line utilization through balance transfers – all without the need for a consumer's username and password. With Method's solutions powering over 60 fintechs, lenders, and financial institutions, the company is poised to continue transforming the lending landscape.

Conclusion

The partnership between Happy Money and Method represents a significant step forward in the quest to empower consumers and credit unions in the debt consolidation process. By leveraging cutting-edge technology and prioritizing transparency, efficiency, and positive outcomes for all stakeholders, this collaboration is redefining the lending landscape and paving the way for a more financially secure future.