PRX Releases

* CardIt, LLC., a third-party payment provider that acts as an intermediary between consumers and mortgage lenders, today announced the launch of company operations.

* CardIt is an online service that allows consumers to pay their mortgage with a Visa, MasterCard or Discover credit card.

* Until now, consumers have had no easy way to directly pay mortgages using credit cards.

* The CardIt method allows consumers to protect their credit and property by helping them pay on-time when other financial options are not immediately available.

* CardIt helps consumers potentially avoid late fees while giving them benefits such as cash-back, airline or other rewards that their credit card company issues.

* CardIt is web-based, with no downloads. Customers can make a payment at http://cardit.com/

QUOTES

QUOTES, ATTRIBUTABLE TO PHILIP MIKAL, CEO AT CARDIT. LLC

“We plan to become the leading online solution that enables consumers to pay mortgages, car payments and other large obligations using credit cards.”

“The need for our service exists because the payment process for mortgages and auto loans has remained unchanged despite technical advances in online banking and bill payment. Until now, consumers have had no easy way to directly pay mortgages using credit cards, and current solutions are inefficient. Lenders are both unwilling and sometimes legally prevented from accepting credit card payments directly, which prevents consumers from optimizing payment options.”

QUOTES, ATTRIBUTABLE TO ALEXANDER ZADA, CO-FOUNDER AT CARDIT. LLC

“We expect to build credibility and gain market share through our customer retention program, and we plan to boost loyalty through word-of-mouth.”

“We are the only service that offers online mortgage payments to consumers with Visa, MasterCard and Discover credit cards. Mortgage payments are about necessity, not novelty.”

About CardIt:
CardIt is an online service that allows consumers to pay their mortgage with a Visa, MasterCard or Discover credit card. The CardIt method allows consumers to protect their credit and property by helping them pay on-time when other financial options are not immediately available. This helps consumers potentially avoid late fees while giving them benefits such as cash-back, airline or other rewards that their credit card company issues. The process also helps consumers manage cash-flow. For more information, visit www.cardit.com , call (866) 55-CARDIT or (415) 296-1155.

RELATED LINKS

CardIt

CardIT - make your mortgage payment with a credit card

Putting house payments on plastic gives new meaning to ‘credit crunch’
San Francisco Business Journal

Is Paying Your Mortgage With a Credit Card a Good Idea?
Housing Wire

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pay your mortgage with a credit card | mortgage | credit card | CardIt | Philip Mikal | Alexander Zada | foreclosure | mortgage payment | refinance