Tuesday, May 11, 2010

Finovate: the debt diet

JeanChatzky blog working with DebtGoal

Helping consumers to work through weening themselves off credit and constant debt.

Video coaching - 'you can do this!'. Helping people find the motivation to do it. Helping them find out ways of paying down their debt.

Jean gets people emotionally ready to fix themselves. DebtGoal is the leader in the DIY debt reduction space. Weight Watchers for debt.

What do you do when you have 30 credit cards with different credit cards? How do you manage the best place to put your debt when you have so many APRs and minimum payments?

Consumers make a commitment of a payment plan, then they beat themselves up routinely for spending on those cards.

Keeping people engaged through a constant tracking, they have to actually enter data. OK, so not automated, but maybe its like reinforcing to yourself that by charging stuff to your card, you have to admit it by typing it into the site. Best for the most motivated.

Now there is an extra piece-- how to negotiate down your rates.

Blogging live from Finovate. Follow the tweets

Let us help you improve your business today. Visit www.consected.com

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