Ready For Zero
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
ReadyForZero was a San Francisco debt-management platform founded in 2010 by Rod Ebrahimi and Ignacio Thayer (Y Combinator summer 2010). Its free web app aggregated a user's debts — credit cards, student loans, mortgages — and recommended a repayment plan, with due-date reminders, spend-or-save comparisons and credit-score reporting to help debtors stay on track. Paid premium options added credit monitoring and automation. Backed by Citi Ventures, Polaris and YC, it raised about $5 million and said it had helped users pay down more than $240 million in debt.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Founded
ReadyForZero was founded in San Francisco as a debt-management platform.
- Acquired
Online lender Avant acquired ReadyForZero in a cash-and-stock deal with undisclosed terms.
- Product retired
Avant shut down ReadyForZero's credit-score and debt-planner tools and deactivated all user accounts.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.