Resuelve tu Deuda Colombia
Resuelve tu Deuda Colombia
Providing second opportunities to those with over-indebtedness problems through its credit repair program, thus improving their quality of livelihoods.
BCTA MEMBERSHIP STATUS
Active
SECTOR
Financial Services
HEADQUARTERS
Colombia
REGION OF INITIATIVE
Latin America & Caribbean
SDG CONTRIBUTION
External Articles
The Impact Goal
Resuelve tu Deuda Colombia joined Business Call to Action in December 2020 and made a commitment to incorporate more than 65,000 new people into the credit repair program by 2024, thus allowing them to improve the quality of their life by generating savings habits and leaving behind their problems of over-indebtedness. In addition, Resuelve Tu Deuda will provide a second chance to more than 9,300 people with negative ratings in their credit bureaus by granting loans to cover their debts and with it activate their financial system by 2024.
The Market Gap
Resuelve Tu Deuda’s credit repair program allows credit negative clients, in a planned way, to cover financial obligations with their own resources, without the need to resort to other credits. Those who enter the program live in a situation in which debts interfere with their quality of life and a large part of their income is used to pay their debts. During the participation of the clients within the program, the main role of Resuelve Tu Deuda is to accompany, motivate and lead clients to achieve their savings goals to accomplish the settlement of their debt.
The Business Solution
Resuelve Tu Deuda is interested in helping are those who want to but cannot pay their debts. The process carried out by the interested party in the credit repair program is as follows:
The debtor recognizes the situation, wants to pay but cannot cover the obligations.
They reach out to Resuelve tu Deuda and receive personalized advice as well as a settlement plan according to the specific needs.
The debtor becomes an active client and begins the monthly savings in an account on his/her name in a regulated entity.
Due to Resuelve tu Deuda’s negotiations with the financial institutions, the client begins to pay off the debt with their own resources.
When the client completes the payment of the debt, becomes a graduate. The graduate leaves the program without obligations and having acquired a culture of savings that will improve both their quality of life and their families.
In Colombia, Resuelve Tu Deuda has helped more than 65,000 clients in 6 years and has allowed the financial reintegration of at least 3,600 people. Their commitment has allowed the Colombian financial system to recover more than 69,000 million pesos.