Lucidblack

About Lucidblack

LucidBlack offers a credit card that converts monthly car loan payments into reward points, allowing users to earn benefits for travel, cash, or car maintenance. This solution addresses the issue of car loan payments yielding no rewards, enabling users to gain value from their financial commitments.

```xml <problem> Many consumers make regular car loan payments without receiving any rewards or benefits for these payments. This represents a missed opportunity to gain value from a significant financial commitment. </problem> <solution> LucidBlack offers a credit card that allows users to earn reward points on their monthly car loan payments. By linking their car loan to the LucidBlack platform, cardholders accumulate points with each on-time payment, which can then be redeemed for travel, cash, or car maintenance. The platform also monitors interest rates and works with a refinance partner to potentially lower monthly payments. LucidBlack aims to provide a transparent financing experience with no hidden fees. </solution> <features> - Earn reward points on every monthly car loan payment. - Points redeemable for travel, cash, or car maintenance. - Automatic monitoring of interest rates for potential refinancing opportunities. - $0 processing fees on car loan payments. - Option to skip payments when needed (limited availability). - Transparent financing with no hidden fees. </features> <target_audience> LucidBlack targets car owners with existing auto loans who are looking to earn rewards and potentially lower their monthly payments. </target_audience> ```

What does Lucidblack do?

LucidBlack offers a credit card that converts monthly car loan payments into reward points, allowing users to earn benefits for travel, cash, or car maintenance. This solution addresses the issue of car loan payments yielding no rewards, enabling users to gain value from their financial commitments.

Where is Lucidblack located?

Lucidblack is based in Seattle, United States.

When was Lucidblack founded?

Lucidblack was founded in 2024.

Location
Seattle, United States
Founded
2024
Employees
2 employees
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Lucidblack

Score: 27/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

LucidBlack offers a credit card that converts monthly car loan payments into reward points, allowing users to earn benefits for travel, cash, or car maintenance. This solution addresses the issue of car loan payments yielding no rewards, enabling users to gain value from their financial commitments.

lucidblack.io10+
Founded 2024 – Seattle, United States

Funding

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Company Description

Problem

Many consumers make regular car loan payments without receiving any rewards or benefits for these payments. This represents a missed opportunity to gain value from a significant financial commitment.

Solution

LucidBlack offers a credit card that allows users to earn reward points on their monthly car loan payments. By linking their car loan to the LucidBlack platform, cardholders accumulate points with each on-time payment, which can then be redeemed for travel, cash, or car maintenance. The platform also monitors interest rates and works with a refinance partner to potentially lower monthly payments. LucidBlack aims to provide a transparent financing experience with no hidden fees.

Features

Earn reward points on every monthly car loan payment.

Points redeemable for travel, cash, or car maintenance.

Automatic monitoring of interest rates for potential refinancing opportunities.

$0 processing fees on car loan payments.

Option to skip payments when needed (limited availability).

Transparent financing with no hidden fees.

Target Audience

LucidBlack targets car owners with existing auto loans who are looking to earn rewards and potentially lower their monthly payments.

Lucidblack | StartupSeeker