We all make mistakes when we’re young, and some of those mistakes can follow us into adulthood. If you’re one of the millions of Americans that struggle with unpaid debt, you might feel like you’ll never be able to escape from the endless barrage of bills, credit statements, and threats from high-interest companies that simply won’t let up. That’s what Resolvly is for. When CEO Greg Fishman started his company for quick, easy debt relief, he was coming from a place of pure empathy. Growing up poor, Fishman saw just what debt could do to individuals and families who were working their hardest to live a normal life. That’s how Resolvly came about: As a way to provide helpful solutions for struggling Americans. Ready to kiss your debt goodbye? Here’s how to get started.
Get Advice From a Resolvly-Approved Professional
Debt can be a crippling thing to deal with on the day-to-day. When Greg Fishman came up with the idea of Resolvly, a service that would connect individuals with practical, affordable advice about debt repayment from professionals, he was using his own experience as a guide. Fishman grew up in straitened circumstances, and saw his community completely torn apart by the problems that came from poverty and debt. His idea for Resolvly was simple: Create a place where people could find resources and educate themselves about debt repayment. By linking customers with professionals who are used to talking down debt collectors, Fishman was able to create a safe haven for people trying to understand and pay off their debt.
Find a Working Compromise
Debt collectors might seem intimidating, but if you know your actual rights in the situation, you’ll be able to come to a compromise with your creditors. The best way to come to terms with your debt is to connect with a professional who can tell you exactly what you’re responsible for paying for. This will require some good advice regarding your specific situation from a professional who is used to negotiating with creditors, such as the distinguished compliance attorney Michael Goodman, who Resolvly just acquired. You may need to consolidate your debt before paying it off in full, but once you’ve consolidated, you’ll find you’re looking at a much more manageable number. From there, you can work with your debt counselor to figure out a repayment plan that’s realistic. The whole point is to figure out something that works for you and doesn’t suck up all your expendable income. Your counselor will help work with you to figure out how to reduce your loan and set you up with payments that make sense for your income level.
Pay Off Your Loans
From there, it’s simple: Start paying off your loans, stay current with your payments, and have a plan in sight. Once you’re debt free, you’ll be able to start putting money toward long-term goals and investments that have been previously out of reach. Your debt counselor will help you do this, as well as figuring out a savings plan that helps you achieve those goals. Using Resolvly to find experienced agents and professionals will help you take the first steps toward living a life free of debt. From there, it’s up to you.