TrueLayer, an open banking service provider, has partnered with the UK credit management app Incredible to enable automated recurring debt repayments using Variable Recurring Payments from TrueLayer (VRPs).
Customers can now set up automatic payments between their bank account and their Incredible account thanks to Incredible’s use of the TrueLayer platform.
By lowering their borrowing and enhancing their overall money management, Incredible customers can take a longer-term approach by automating their repayment strategy with the help of the TrueLayer VRPs, a process known as “sweeping.”
Read More: Incredible Adds TrueLayer VRPs to Credit Management App