We all have to face some big financial decisions in our lives, like where to shop for a mortgage or car insurance, and it can be frustrating and stressful trying to find the best rate or best deal. Wouldn’t it be nice if there was someone to just tell you what to pick?
While there is no financial fairy, there is the next best thing - and it’s Cinch Financial.
Cinch Financial is a new financial site based out of Boston and their mission is clear: to make finding the right financial services as easy as possible for everyone. Co-founders Sean Collins and Joe Ranft both have extensive experience in the finance industry. Being that they have been around for so long, they both understand the ins and outs of financial products and how difficult it can be to make a decision. They wanted to make this stuff as easy as possible, and that is how Cinch Financial was dreamt up.
Getting Recommendations from Cinch
You may be wondering how Cinch actually works. No matter if you are looking for a recommendation for a credit card, a bank, home or auto insurance or even a mortgage, Cinch has evaluated and rated just about every company and product out there. You can browse Cinch’s top picks in each category where thousands of products and services have been carefully rated for value, service and company reputation. You can see the scores and benefits (and drawbacks) of each of their picks.
You can also get personalized recommendations tailored to your needs.
By answering a few questions, Cinch’s technology will pick products or services that are right for you.
For example, in the credit card category, it will ask you what you’re looking for in a card, and how much you spend each month.
Looking for a new bank? The personalized recommendation starts by asking you what zip code you are in, how much you deposit directly and how much you spend using your debit card.
Products or services are narrowed down a little at a time, from location all the way to your needs. Find out more about how they do it here.
Saving Money on Your Bills
If that wasn’t enough, Cinch can help you save money on your bills with their BillSnap tool. Found on their home page, all you have to do is snap a picture of a bill (credit card, insurance, mortgage, etc.) and upload it.
Tell Cinch Financial a little more about the bill and what you want them to look at specifically and you’re done! They’ll send you a detailed recommendation on how you can save money on your bill.
Cinch Financial can finally tell you exactly what to pick when it comes to your money. Learn about their top picks for each category, or get a personalized recommendation. While you’re on the site, upload a bill or two and find new ways to save even more money.