Goodbyedebt

Mission

GoodbyeDebt’s mission is to empower individuals in the Netherlands to take control of their financial futures by providing innovative, accessible, and shame-free tools for debt management. Through simplified processes, AI-powered insights, and a user-centered approach, we aim to break down the barriers of complex legal language, shame, and procrastination, enabling users to navigate their debts confidently and autonomously.

The challenge

In the Netherlands, one in five individuals struggles with financial issues, with 20% of this group remaining trapped in a perpetual debt cycle. Many people face overwhelming debt due to complex legal jargon, lack of accessible support, and social stigma. Existing financial support services are often costly or diJicult to navigate, leading to further financial distress. Additionally, debt collection agencies increase the burden with added fees and penalties. GoodbyeDebt tackles these challenges by oJering a transparent, user friendly platform that simplifies debt management, making financial stability more attainable for millions.

The solution

GoodbyeDebt is a comprehensive, AI-powered platform that simplifies personal debt management in the Netherlands. It provides debt letter summarization, personalized payment plans, negotiation tools, and 24/7 AI chatbot support to help users regain control of their finances. GoodbyeDebt eliminates shame and complexity, empowering users to take proactive steps toward debt repayment while benefiting creditors and municipalities by improving collection eJiciency. The app is free for users, with revenue generated through partnerships with institutions that benefit from improved debt recovery.