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Lorica

Automate credit card payoff around how and when you get paid

Lorica is a payment automation tool for paying down credit card and other unsecured debt. You link your bank accounts and debts, see your balances and rates in one place, and set the percentage of each qualifying deposit that goes toward debt. Lorica suggests paying the highest-interest debt first. You choose the order.

Lorica schedules payments to your own creditors from an account in your name. Guardrails check your savings and spending history before a contribution starts, and you can pause or change it any time. Lorica is not a debt settlement, debt management, credit counseling, or credit repair service. Results vary and are not guaranteed.

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