ReadyForZero is a new, launching (still in beta), application to help consumers with loads of credit card debt, cleanse their financial sheets. It is basically advertised as an application which simulates what a financial advisor will tell some with loads of credit card debt.
Y Combinator-backed startup ReadyForZero is announcing a $260,000 seed round of funding from a number of well-known angel investors including Steve Chen, the co-founder of YouTube; Dave McClure, Benjamin Ling, Nils Johnson, and Maneesh Arora. – TechCrunch
I would image this tool will be very efficient, basically to get the out of debt the fastest requires a complete understanding of the credit card’s policies, interest rates, etc.
I don’t know yet if this tool will be free, or paid. But the way the internet is moving I would imagine it would be free and present “related” advertisements – similar to Mint.com.