ClearDebt.com
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Date of Foundation
2025

ClearDebt.com

Empowering Consumers to Tackle Debt

Contact

The Idea origin story

We believe that the current debt collection approach is flawed as it fails to empower consumers who are burdened with excessive debt. ClearDebt.com is a revolutionary platform designed to offer a solution. We facilitate debt management by equipping debtors with the necessary tools, resources, and guidance to effectively tackle and resolve their outstanding debts. We not only aim to reduce their financial burdens, but also aim to improve overall financial literacy and promote financial independence.

The Mission

What’s our vision and mission?

Clients

people with debt in collections, anyone who has debt and wants to get rid of their debt faster

Problems we solve

Client’s problem

At ClearDebt.com, we're democratizing debt clearance by providing consumers with powerful tools and transparent data. Our solution does not only seek to alleviate financial burdens but also aims at improving the credit market efficiency by speeding up the debt resolution process.

Confirmation of problem

Getting sent to collections is a big deal because it can have significant and lasting impacts on a person’s financial life, emotional well-being, and opportunities

Solution

Our solution is an AI-driven collection process that enables daily reach to 1M debtors. We approve settlements instantly, yielding higher liquidations and empowering debtors with tools and resources.

Our technologies

This solution is based on technologies

Our startup, ClearDebt.com, is focused on reshaping the debt collection process by equipping individuals with necessary resources and tools to address their debts effectively. We're democratizing financial obligations management by offering transparent data and powerful assets that not only alleviate economic stress but also enhance market efficiency through expedited settlement processes. Our key demographic includes anyone struggling with debt aiming for speedy resolution. As a part of our mission, we aim to better financial literacy and drive toward monetary independence. Relevant technologies would include AI

How it works

We digitally connect with customers, negotiate debt settlements based on owners' requirements, and provide gig work or savings driven tools for repayment.

Value for the client

For debtors, we provide savings and stress-free repayments. Debt owners benefit from efficiency and customer goodwill.

Market and strategy

Market size

140

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

20

% of the market

Is our goal in the next 3 years

Team

My name’s

Billy Wilson

My key role in the product

My key role is the founder, and I'm responsible for strategic planning, overseeing operations, and managing my significant debt investments.

Team size and key members

Our team includes Brooks Halladay, our CTO with experiences at Dream Works and Deloitte; Lori Jenks, our COO, a Wharton grad who has worked for Accenture and exited her own venture.

Competitors

Competitors

Our main competitors are True Accord and InDebted. While they offer digital collection services, we distinguish ourselves by providing debtors with unique tools to manage their debts effectively.

Our Advantages

Leveraging AI, we provide user-friendly tools to expedite debt clearance efficiently. From earning or saving capabilities to unique crypto settlements, our solutions cater to debtors in any phase - stress-free or troubled, propelling them towards financial stability faster.

Business model

We make money by charging fees based on monies collected to the debt owner. We also make money from affiliates, lead gen and other cost per action activities

Traction

We've crafted our product roadmap, optimized user experience, pooled customer resources, concluded research, assembled a robust founding team and advisors, and comprehensively scrutinized data within the collection space.

We will have deployed our beta version and if it in use collecting Hope Capitals owned debt of more than 500000000

Metrics

As we prepare for our MVP launch, we'll closely monitor key metrics like total and speed of collections, settlement and liquidation rates. We're also keeping tabs on time-to-settle accounts, customer interactions leading to inbound calls or settlements as well as the range of payment methods used in comparison with traditional market savings rate.

Currently, we are in the pre-revenue stage, meticulously focusing on product development and market testing to set a solid foundation for future profitability.

Incorporation

Our company incorporated in

not registered yet but will be registered in nevada

Key risks

The main risks could include a change in regulations that affects our business model, potential data privacy concerns due to storing sensitive financial information, and debtor's reluctance or inability to engage with the platform effectively.

Investments

$

0

We raised investments

Our Investors

Our Founder Billy Wilson has allocated $100,000. No additional investor outreach has happened yet.

Rising Investments

$

1000000

Currently, we are raising investments

$

15000000

Estimated pre-investment valuation of the company

Request additional information

We’re looking for a co-founders

Open positions

Article

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Additional information

Our experienced team, with a history of successful exits, initiated this project out of frustration with current debt collection processes. We aim to assist individuals in liberating themselves from oppressive debts.

ClearDebt.com
Idea
Date of Foundation
2025