Otto is a financial health platform that combines debt management with payment automation to help people like you save more, improve their credit, and become debt-free faster.

Our mission is to save consumers from unnecessary fees and interest charges simply by changing how they pay, and in turn, building better financial habits.

Let's be honest, Americans are overwhelmed by debt.
Every month, consumers must pay a staggering number of bills, each with varying due dates, APRs, and payment requirements. And if you’re like us, knowing which debt to pay for optimal savings is a complex, manual process. It’s no surprise consumers paid $305 billion in fees and interest charges last year.

Imagine a world where your bills are automatically paid off in the optimal way to save you hundreds every year and get you debt-free 2-3x faster. Our mission is to make that a reality.

We combine debt management with intelligent, automated payments to save you money and shave years off your debts.

We start by centralizing all those monthly payments.
‍Otto automatically identifies recurring bills from your credit report and bank statement to bring everything into one view, helping you stay on top of whats due and pay bills without needing to visit multiple websites. Easily track which bills have been paid, which are overdue, and which are at risk. We strive to keep you informed, organized, and up to date.

‍We then automate the tedious activities to help you achieve your goals.
‍Once you have a birds eye view of where your money is going every month, Otto begins crafting you a personalized plan to deliver on your goals without you lifting a finger. Your OttoPlan is our way of helping you get debt-free, increase savings, and avoid fees all by making smarter payments.

Your OttoPlan is like an automated AI assistant that studies your finances and makes smart, automated payments for you based on your current goals. Our automated program is proven to save customers real money, while empowering them with control and confidence.

Once activated, your OttoPlan will set money aside on a schedule you control and automatically allocate those funds to pay off high interest debt while making sure all bills are paid on time without overdrafts or late fees. Since we have real-time visibility into what your upcoming bills are going to be, we know exactly how much to safely set aside while making sure bills are covered and payments are optimized. 

Your OttoPlan is always working, so you can set it and forget it. And whenever your finances shift, Otto adjusts automatically, moving less if it needs to. You can always adjust how much we move, too. You can withdraw your funds at any time. They're always available to you.

Otto was designed around simple, proven financial practices that are well known and documented. The problem has always been keeping up with it because it’s always need a lot of manual work. Otto removed the complexity, guesswork and manual intervention by automating this for you. 

If you’re looking to save money, Otto will automatically pay extra towards your highest interest credit cards, saving you money with each payment. If you’re looking for a credit boost, Otto will target the accounts with the highest utlization and make sure you’re lowering those balance to give you a quick boost. 

Our system always adjusts to your habits and goals to make sure you’re always savings money and maintaining a strong credit score.

Otto is not a lender and does not provide any loans or credit cards to help pay off debt. With Otto, you do not need to take on more debt to get you out of debt, we're focused on changing the way you pay through automation that is proven to save you money and get you out of debt fast.

We may, at times, recommend various providers who offer debt consolidation loans if that aligns with your goals and recommendations.

Cheaper than your Netflix or most coffees, Otto charges a simple monthly subscription of $5 a month. For that price, you get everything that Otto has to offer...no paywalls or shielded features.

Nope! 
Otto only does a soft credit pull to gather your information and present it to you in a simple, easy-to-use app. There is no negative impact to yoru credit score.