One plan, one price
Lorica is a single plan. You can pay monthly or annually:
Monthly: $39/month.
Annual: $374.40/year — that's $31.20/month, about 20% less than paying monthly.
No setup fees, and no charge per payment or transfer. The subscription covers everything Lorica does.
How you're billed
Billing runs through Stripe. Your card is charged when you start, then on the same date each month or year until you cancel. You can update your card in the app anytime.
What the subscription pays for
The subscription is Lorica's fee for automating your payoff — connecting your accounts, running your plan, and moving the money. It's separate from your debt payments. Every dollar of your contribution goes to your creditors, not to Lorica.
Questions about a charge
If a charge doesn't look right, start a chat and we'll walk through it with you.