If you are part of the personal finance blogging community then you most likely have heard about ReadyForZero already. It’s a great online financial tool that is helpful tons of people repay debt and get out of debt entirely.
What Is ReadyForZero
ReadyForZero is a website that offers free tools to help you pay your debt off faster.
I found ReadyForZero later in my debt payment plan but I did use it to pay off the last loan that I was working on. I loved everything about the site and it’s tools. It gave me the push to get through the final slog of debt repayment.
Other people have used ReadyForZero for their whole debt payoffs and have managed to knock out thousands of dollars.
ReadyForZero shows you the big picture. You can easily visualize your financial picture and how much debt you need to pay off with ReadyForZero. It shows you your total debt, your total monthly payments, the interest charges, and how many years it’ll take you to get out of debt at different payment levels. Seeing this helps motivate you to increase the amount you can pay each month since you can see how much time it will save you.
ReadyForZero creates logical debt repayment plans. ReadyForZero’s software works by targeting the most expensive debt first. It gives you suggestions for which target account to send the biggest repayment to so you’ll make the most progress. It helps save you a lot of money in interest in the long run.
ReadyForZero encourages you to keep going. Positive encouragement is built into the DNA of ReadyForZero. You get a congratulatory email when you reach milestones like paying off an account. You also see the running total of debt you’ve paid off each time you log in. These things will motivate you to keep going and reach your debt freedom goal.
ReadyForZero synchs with your accounts. Like the useful Mint.com, ReadyForZero uses the greatness of technology to link up your accounts and display info without you having to enter everything in. It monitors the activity for you and will even make suggestions for an extra payment when it see an unusually large deposit in one of your bank accounts.
ReadyForZero is completely free. The basic service as ReadyForZero is free. They make money by advertising financial products that will help you save money and then getting a commission when you sign up. You don’t have to do this and can use the free tools without any cost to you. You can also upgrade to a paid plan that allows you to make payments and monitor credit, but again it unnecessary. It’s a great tool and it’s 100% free to use!
How You Can Pay Off Debt With ReadyForZero
ReadyForZero is a great tool for anyone that needs to pay off a large amount of debt. They do not negotiate with creditors or help you if you’re struggling, so make sure you handle that first. If you’re struggling with debt and making any payments, then find a low- or no-cost debt counselor through the National Foundation for Credit Counseling. Once you have settlements or if you have a manageable debt load but just want to be done with it, then you can use ReadyForZero to reach that goal of complete debt freedom.
Sign up for free at ReadyForZero.com and pay off your debt today!