Below is our recent interview with Khadiza Ali, from Changed:
Q: Can you provide readers with a brief introduction to your company?
A: Changed is a Shark Tank and Mark Cuban-backed app that helps you #DoDebtDifferently. Our platform builds savings goals and eliminates debt by linking all of your loans in one easy-to-use app. We then create an effective repayment strategy based on your debt and spending habits. Once your accounts are securely linked, Changed helps you save in small increments and applies those savings toward your debt. You can even save while paying off your debt with our Stash My Cash feature, which allows you to save and pay off your debt sooner. With features like Roundups, Savings Boosts, Changed Perks, and more, you can master your debt repayment goals.
Q: Any highlights on your recent announcement?
A: Changed now offers multiple different debt types to provide a holistic view of all of your loans while automating actionable steps to pay them off. With more debts available, we will help people build better credit, save time and money, and reach their next financial steps sooner.
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Q: Can you give us more insights into your offering?
A: While there are plenty of personal finance management apps that show people their debt and spending, the hardest part is taking consistent action towards improving their finances. Changed automates the heavy lifting and provides more transparency around one’s debt. Another really cool feature is the Stash My Cash feature, which allows members to save while they are paying off their debt, something that a lot of people struggle with.
Q: What can we expect from your company in the next 6 months? What are your plans?
A: We plan to offer more robust recommendations and credit-building tools to help consumers build a healthy relationship around debt. We are also planning to offer credit card debt payoff, which many people have been asking for. It’s in the works and will be out soon!
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Q: What is the best thing about your company that people might not know about?
A: Created by two founders and brothers who struggled with debt all of their lives, Changed aims to make debt a positive experience and help members use debt as a tool instead of a burden. Our platform is a solution that can help you pay off your debt sooner and save on interest without needing to consider credit or income, similar to many consolidation products.
Last Updated on March 19, 2023Activate Social Media: