Credit Card Management and Analysis

Credit Card Management and Analysis

Summary: This project addresses the lack of understanding about credit management, which often leads to poor credit scores and financial strain. The app proposes a unique approach by connecting users' credit cards for personalized insights, offering tailored suggestions for bill payments and spending.

I have a friend who works in finance and he told me how we are wrong as to what impacts our credit score, limit and other various things related to credit card.

Thanks to that now I know few more things to help me manage my finances.

Hence, me and another friend thought of an app where you could have all the insights related how ro manage your credit card. For example you could link your credit cards and get the basic analysis and the way you could improve your score resulting in increased limit and decreased financial burden every month.

It would give suggestions on when is the ideal time to pay the bills, or the ideal monthly spending and eventually I would like to add payment options so you could pay directly from our app like CRED does.

Well this is the basic gist.

I would like to hear more from you guys 

 

Source of Idea:

Conceived during chai discussion with friends :)

Skills Needed to Execute This Idea:
Mobile App DevelopmentUser Experience DesignData AnalysisFinancial LiteracyAPI IntegrationSecurity ProtocolsMachine LearningUser Interface DesignPayment ProcessingMarket ResearchProject ManagementContent CreationCustomer SupportRegulatory Compliance
Categories:FinanceMachine LearningDigital Product

Hours To Execute (basic)

400 hours to execute minimal version ()

Hours to Execute (full)

700 hours to execute full idea ()

Estd No of Collaborators

1-10 Collaborators ()

Financial Potential

$10M–100M Potential ()

Impact Breadth

Affects 100K-10M people ()

Impact Depth

Moderate Impact ()

Impact Positivity

Probably Helpful ()

Impact Duration

Impacts Lasts 1-3 Years ()

Uniqueness

Somewhat Unique ()

Implementability

Very Difficult to Implement ()

Plausibility

Reasonably Sound ()

Replicability

Complex to Replicate ()

Market Timing

Good Timing ()

Project Type

Digital Product

Project idea submitted by u/izaan.
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