Anyfin releases a new service that provides users with a comprehensive overview of all their loans

The unique service offers a clear overview of all loans and credits along with smart insights in just a few minutes, without needing to move them.

Stockholm, August 22, 2023 – The macroeconomic situation continues to strain Swedes' budgets with rising living costs and increased interest rates. Fully understanding one's finances is more important than ever. Despite the numerous budget tools on the market, there is a lack of solutions that offer users both an overview and detailed information about all their loans. The fintech company Anyfin, which aims to help consumers effectively manage their debts and reduce the cost of expensive credits, is now addressing this demand.

Comprehensive overview of all credits with detailed insights

The new service gives Anyfin users a complete picture of their debts with detailed insights in just a few minutes, without having to transfer the loans to Anyfin. This feature is the only one of its kind on the Swedish market and offers an informative view of all existing loans and credits retrieved via linked bank accounts. Users quickly get a summary of their total debt and monthly payments. The overview also reveals how much of the monthly cost goes towards interest, fees, and principal repayment.

Deeper understanding of the individual debt situation

Mikael Hussain, co-founder and CEO of Anyfin explains: “We understand the challenges and uncertainties that borrowers face: high interest rates, hidden fees, approaching due dates, and lack of financial knowledge. With this service, we offer a comprehensive toolkit that not only provides a home for all debts but also a deeper understanding of them. By offering valuable information, we give users better opportunities to make informed decisions to improve their finances in the long term. Our goal is to make the credit industry fairer and more transparent, and we are proud to take a significant step closer to that vision. The overview complements Anyfin's other services that help users manage their money and reduce the cost of loans.”

The new feature is simply called "Debt Overview" and is available in the app under the “My Loans” tab, completely free to use. The features are continuously updated and further developed to enhance the user experience.