Latest Posts
Home > Ask The Get Out of Debt Experts > Is Ready for Zero a Scam? What Do You Know About Them? – Jane

Is Ready for Zero a Scam? What Do You Know About Them? – Jane

“Dear Steve,

Single income earner 32.50 – disable husband who owned own business pittance from SS 2 teenage girls.

I work full time, and at least 4 hours every sat at 2nd job new opportunity for OT at work so switching to that almost 25,000 (on total of 6 cards) in debt plus 62,000 left on house and a home equity for the cost of our car aprox 12,000

I am feeling very stressed and overwhelmed – do you know anything about “ready for zero’? all my payments are up to date – nervous about a consolidation loan ( but really need to do something. Keep thinking one payment would be better than all these smaller ones… Thanks Jane


Dear Jane,

Thanks for contacting me.

First, let me assure you that my interactions with the founders of over the past years have been great. The guys behind it are smart, creative, and dedicated to helping people find a self-directed and organized way out of debt.

Most all of their services are free. They do now have a nominal cost option that allows you to make your self-directed debt repayments through their system. This can help make the process of an organized repayment plan easier to manage for some.

In my opinion, the platform is poised for potential greatness as a growing tool to help people tackle their debt. The long term question is how they develop their income stream and add new benefits for users.

I’d like to know more about why you are feeling very stressed and overwhelmed. Is it because money is tight or that you just don’t feel you are getting anywhere with your debt repayments? Also, I’d like to know what it was that led you into the $25,000 in debt. Was it from making ends meet?

Homework: Fill me in more about what’s going on and then let’s move to the next step. Also, find out what your credit score is for free using and let me know that as well.

Please post your responses and follow-up messages to me on this in the comments section below.

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • jane

    I have tried 10 times to get my score from the karma site but it just keeps saying there is a problem registering me.. ?? I feel stressed out because I am not getting anywhere, I had used consolidated credit counseling in the past and did great however with my kid going to college in a couple of years i don’t want to screw that up , then my husband suffered a broken neck and it has been everything from car repairs, some Christmas lots of school things for the kids and I just suck at saying no all the time.. I have toughened up over the years but my husband really has no concept of money. Never has and I am an island as far as money is concerned – except the house and mortgage he definitely has an opinion about that which is why we still have an interest rate of 6.25 % – need to do it on my own.

    • Steve Rhode

      Obviously I have no clue what issues they may be having. There are other places to get your score from. If you are going to do it on your own then the solution is even more a logical solution.

      You can give up because you have some technical issue with the site or you can get your credit score directly from one of the major credit bureaus to see where your credit stands now.

      Just because you’ve run into a small hurdle is no reason to stop investigating a logical option that may allow you to consolidate your debt and improve your credit at the same time with an unsecured debt consolidation loan.

      I know you are frustrated but don’t quit on me.

      • jane

        Hi Steve – just found my credit score, it is a delightful 760 – C what ever that means. I am just so worried that I will never get out from under all this and I won’t be able to help my first daughter with college at all in 2 years – as it is I can’t pay for her to get her license due to insurance or never could get her in braces.. just feel like they are missing out … I know she will be getting a job to help pay for stuff.. I am just nervous about a consolidation loan – will the payment be too high? and I thought i saw that the interest rate is like 15.99 % and on 2 cards that is much higher – the other ones it would be lower Is 15 % average for these types of loans?? Thanks for talking me down – you are really good at this… Jane

      • Steve Rhode


        Good job! Thanks for not quitting on me.

        You’ve given me some new information here. So let me ask you, what is your number one goal you want to achieve. Do you want to be best prepared for doing better in the future and be able to help with college or do you want to protect your credit and pay off the old debt over time.

      • jane

        Are they mutually exclusive?? I am not sure – can you elaborate on some of the options? and the pros and cons for my situation ? (if it is not too much trouble) My credit score is ok right? Thanks Jane

      • Steve Rhode

        I’d suggest you first read How to Get Out of Debt. The Honest and Unvarnished Truth and The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. They will give you a great overview of what we need to deal with to get you moving in the right direction.

        Then use the free How to Get Out of Debt Calculator to review your options.

        Once you’ve identified a company you want to work with, then follow my step-by-step guide on what you should look for and expect from a good debt relief company.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.


I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.