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Friday, 5 November 2010

ReadyForZero generates 260 K $ in consumer credit debt card Cleanse

Y Combinator ReadyForZero-backed startup announces a $260 000 seed round financing of a number of angel investors well known with Steve Chen, co-founder of YouTube; Dave McClure, Benjamin Ling, Nils Johnson and Maneesh Arora.

Launched in beta private in September, ReadyForZero is an easy to use to assist consumers in credit card debt guide web platform. ReadyForZero aims to help consumers have difficulty paying their debt, as opposed to those who are already in the collection or bankruptcy. Essentially, the site strives to help people be able to finally do not carry balances from month to month.The company stated that, at the United States alone, there are 100 million people with revolving balances, which means that they carry a month with other combined, credit card debt they have 900 billion to banks and credit card companies.

You import your card credit information, including what types of cards you have, the amount due, startup you will then walk through the same stages a trusted financial advisor give you. Based on your minimum wage payments and balance, ReadyForZero will be an optimal strategy for what should pay figures and when.The site you will also send reminders and you can track your progress in that you are not actually pay your invoices directly from ReadyForZero ligne.Alors, startup will eventually allow users to do this directly from the site.Currently in private beta, startup will use the funds to help launch to the public at the beginning of next year.

The idea behind ReadyForZero is undoubtedly a noble cause who wishes to add legitimacy to a known industry ombragée.Et credit card debt is certainly an issue that is relevant to the current economic situation.

One side, starting note co-founder and ex-when, Ignacio Thayer is behind the video parody on fundraising, "Stupid Questions VCs Ask."


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