We have been researching the marketplace to develope a product to serve people in your situation.So far our current idea is to work with a company like Richard's to help reduce your debt by offering the creditor a reduced amount based on your budget and financial situation.We would split this reduction in someway with you and provide you a no interest loan so you could pay us back over time.This would be coupled with a money coaching program so you could learn and continue to build your credit.Comments or suggestions?
Our core business is auto loans but we are quickly trying to fill this void and help people.A recent survey has indicated that Newstart customers have increased their beacon scores by 30% over the first year and 33% of our customers are now reporting over a 650 beacon score.