One bad month lasts for years
A job loss or a medical bill can lower your credit score for a long time, even after life is back on track.
Research stage in Canada
Credit that looks at how you actually manage money
Millions of Canadians pay 20 percent or more on credit cards, even when they pay rent and bills on time. We are exploring a fairer way to consolidate debt, based on your real habits, not just a credit score.
Free to join. Not a loan application. No credit check.
Where things stand: thrifti is an idea at the research stage. We do not offer loans or credit today, and joining the waitlist is not an application. We are talking to people first to learn whether this would really help.
The problem
Paying your bills should count for something
A lower score costs more
A lower score usually means higher interest. That makes debt harder to pay off, even when you pay every month.
Rent often does not count
Credit scores often ignore years of paying rent, utilities and your phone bill on time.
Debt calculator
What is your card debt really costing you?
Enter your balance, your card's interest rate and what you pay each month. See how long it takes to pay off, and how much goes to interest.
Your numbers stay on your device. Nothing is saved or sent.
How it would work
A score you can understand
The idea is a transparent score, called the CARE Score, built from five things you can see and control.
How we use AI: today the CARE Score is a simple set of rules that anyone can read, not AI. We are exploring how AI could help people understand and improve their money habits. If we use it, we will say where and how, and a person will always be able to review a decision.
- 1
Income stability
Is money coming in regularly?
- 2
Steady spending
Are your regular costs predictable?
- 3
Cash flow cushion
Is there some room left after bills?
- 4
Rent and bills paid
Do you pay rent, utilities and your phone on time?
- 5
Staying in touch
Do you keep in contact when things get hard?
01
You join the waitlist and, if you like, talk to us for 30 minutes.
02
We test the idea with real people and a licensed lending partner, such as a credit union.
03
If it works, one clear consolidation option, with every decision explained and no hidden fees.
Help us shape it
We are looking for people in Canada who carry credit card or other high-interest debt. Join the waitlist, and if you want, tell us your story in a 30-minute conversation.
Join the waitlist
Takes about one minute. We only ask for your name, email and province.
Questions
Good to know
Is this a loan application?
No. thrifti does not lend money today. Joining the waitlist is not an application.
Will you check my credit?
No. We only collect your name, email and province. Two questions about your debt and bills are optional and ask for ranges, not exact amounts.
Does joining affect my credit score?
No. We do not contact any credit bureau.
What happens to my information?
It is stored by our form provider, Tally, and never sold. You can ask us to delete it at any time. See our privacy page.
Who is behind thrifti?
A small team with long experience in finance and financial inclusion, based in Ontario. You can reach us at contact@thrifti.app.